Alexandria REIT Exec Reports 1,371-Share Tax Withholding on 09/15/2025

Rhea-AI Filing Summary

Joseph Hakman, Co-Chief Operating Officer of Alexandria Real Estate Equities, Inc. (ARE), reported a non-derivative transaction dated 09/15/2025. The filing shows 1,371 shares of common stock were disposed (transaction code F) at a price of $85.57 per share. The form explains these shares were withheld by the issuer to satisfy a tax obligation arising when restricted stock vested. After the withholding, the reporting person beneficially owns 72,928 shares, held directly. The Form 4 was filed by one reporting person and signed by an attorney-in-fact.

Insights

Financial Analyst

TL;DR: Routine tax-withholding on vested restricted stock; no new open-market sale or purchase disclosed.

This Form 4 documents a standard issuer withholding to cover taxes when restricted shares vested for an executive. The transaction code (F) and accompanying explanation indicate shares were not sold on the open market but retained by the issuer to satisfy tax withholding, reducing the reporting person's direct share count to 72,928. This disclosure is procedural and does not signal a change in ownership intent or a liquidity event beyond tax settlement.

Corporate Governance Expert

TL;DR: Governance-compliant disclosure of equity compensation withholding; signature by attorney-in-fact is documented.

The filing clearly states the withheld shares relate to vested restricted stock and includes the required explanatory remark. The form is filed by one reporting person and bears an attorney-in-fact signature, which is an acceptable execution method under SEC rules. This is a routine compliance disclosure reflecting compensation administration rather than a governance concern.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hakman Joseph

Role Co-Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,371	$85.57	$117K

Holdings After Transaction: Common Stock — 72,928 shares (Direct)

Footnotes (1)

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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^*

Hakman Joseph

(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)
	Co-Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		F		1,371(1)	D	$85.57	72,928	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 shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.

Remarks:

	/s/ Jennifer Consul, Attorney-in-Fact	09/15/2025
	** 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 transaction did Joseph Hakman report on Form 4 for ARE?

The report shows 1,371 shares were disposed on 09/15/2025 via issuer withholding to satisfy a tax obligation from vested restricted stock.

What price is shown for the withheld shares in the ARE Form 4?

The transaction lists a price of $85.57 per share for the 1,371 shares withheld.

How many Alexandria Real Estate Equities shares does the reporting person own after the transaction?

After the withholding, the reporting person beneficially owns 72,928 shares, held directly.

Why were shares withheld according to the Form 4?

The filing states the shares were withheld by the issuer to satisfy a tax obligation realized upon vesting of restricted stock.

Who signed the Form 4 for the reporting person?

The Form 4 is signed by Jennifer Consul, Attorney-in-Fact on behalf of the reporting person, dated 09/15/2025.