ARE EVP Calvin adjusts restricted stock and tax shares at Alexandria Real Estate (NYSE: ARE)

Rhea-AI Filing Summary

Alexandria Real Estate Equities, Inc. executive Thomas Gregory Calvin, EVP–CTO, reported routine equity compensation adjustments. On January 23, 2026, he forfeited 1,120 shares of common stock from a previously reported restricted stock award and had 133 shares withheld at $59.69 per share to cover taxes on vesting. After these transactions, he directly owned 19,445 shares of Alexandria common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Thomas Gregory Calvin

Role EVP - CTO

Type	Security	Shares	Price	Value
Disposition	Common Stock	1,120	$0.00	--
Tax Withholding	Common Stock	133	$59.69	$8K

Holdings After Transaction: Common Stock — 19,578 shares (Direct)

Footnotes (1)

1. Represents the forfeiture of a portion of a restricted stock award previously reported. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Thomas Gregory Calvin

(Last) (First) (Middle)

C/O ALEXANDRIA REAL ESTATE EQUITIES, INC

26 NORTH EUCLID AVENUE

(Street)

PASADENA CA 91101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALEXANDRIA REAL ESTATE EQUITIES, INC. [ ARE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - CTO

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/23/2026		D		1,120(1)	D	$0	19,578	D
Common Stock	01/23/2026		F		133(2)	D	$59.69	19,445	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the forfeiture of a portion of a restricted stock award previously reported.

2. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.

Remarks:

	/s/ Bill Boyle, Attorney-in-Fact	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ARE executive Thomas Gregory Calvin report?

Thomas Gregory Calvin, EVP–CTO of ARE, reported routine equity adjustments. He forfeited 1,120 restricted shares and had 133 shares withheld for taxes tied to restricted stock vesting, leaving him with 19,445 directly held common shares.

How many Alexandria Real Estate (ARE) shares did the EVP–CTO forfeit?

He forfeited 1,120 shares of Alexandria Real Estate common stock. The filing states these shares were part of a previously reported restricted stock award, reflecting standard forfeiture mechanics rather than an open-market sale or discretionary trading activity.

Why were 133 Alexandria Real Estate (ARE) shares withheld from the EVP–CTO?

The 133 shares were withheld to satisfy a tax obligation. According to the filing, this tax liability arose when restricted stock vested, and the issuer withheld shares at $59.69 per share instead of requiring a separate cash tax payment.

What is Thomas Gregory Calvin’s ARE share ownership after these Form 4 transactions?

After the reported Form 4 transactions, Thomas Gregory Calvin directly owned 19,445 Alexandria Real Estate common shares. This figure reflects both the 1,120-share forfeiture and the 133 shares withheld for taxes on restricted stock vesting.

Did the ARE EVP–CTO conduct any open-market stock sales in this Form 4?

The Form 4 does not report open-market sales. It shows a forfeiture of 1,120 restricted shares and 133 shares withheld by the issuer for taxes on vesting, both typical equity compensation-related adjustments rather than discretionary market sales.

What transaction codes appear in the ARE EVP–CTO’s Form 4 filing?

The filing shows transaction code D for the 1,120-share forfeiture and code F for 133 shares withheld for taxes. These codes indicate compensation-related changes in beneficial ownership, not standard buy or sell transactions in the open market.