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Alexandria REIT Form 4: Insider Withholds 1,204 Shares to Cover Taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lawrence J. Diamond, Co-Chief Operating Officer and director of Alexandria Real Estate Equities, Inc. (ARE), reported a non-derivative disposition on 09/15/2025. The Form 4 shows 1,204 shares of common stock were disposed at a price of $85.57 per share. The filing explains these shares were withheld by the issuer to satisfy a tax obligation arising upon the vesting of restricted stock. After the withholding, the reporting person beneficially owns 138,960 shares, held directly. The Form 4 was filed individually and signed by an attorney-in-fact on the reporting date.

Positive

  • Timely and specific disclosure of the transaction details, including number of shares, price, and reason for disposition
  • Transparency on mechanics: document states shares were withheld to satisfy tax obligations resulting from restricted stock vesting

Negative

  • Reduction of holdings by 1,204 shares as a result of withholding
  • No additional context in the filing about the underlying restricted stock grant size or vesting schedule

Insights

TL;DR: Routine tax-withholding on vested restricted stock resulted in a small disposition; filing demonstrates compliance with Section 16 reporting.

The reported transaction is a common administrative disposition where the issuer withholds shares to satisfy the reporting persons tax liability upon vesting. The quantity disposed, 1,204 shares, and the reported price, $85.57, are explicitly stated. The reporting person retains substantial direct ownership of 138,960 shares following the transaction. There is no indication in the Form 4 of opportunistic market sales or derivative activity; the form is filed individually and signed by an attorney-in-fact, consistent with standard practice.

TL;DR: Administrative share withholding for tax on vested awards; disclosure aligns with governance and shareholder transparency norms.

The filing identifies the reporting person as an officer and director and documents that the disposition occurred to cover taxes upon restricted stock vesting. The precise mechanics are described in the explanation: shares were withheld by the issuer. Ownership after the event is clearly reported as 138,960 shares direct. This disclosure meets Section 16 requirements and provides investors with the factual change in insider holdings without suggesting change in role or control.

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*
Diamond Lawrence J

(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 1,204(1) D $85.57 138,960 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 did Lawrence J. Diamond report on the ARE Form 4 filed 09/15/2025?

The Form 4 reports a disposition of 1,204 shares of ARE common stock at $85.57 per share, withheld to satisfy a tax obligation from restricted stock vesting.

How many ARE shares does the reporting person own after the transaction?

After the reported transaction the reporting person beneficially owns 138,960 shares of ARE, held directly.

Why were the 1,204 ARE shares disposed of?

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

Does the Form 4 show any derivative transactions for the reporting person?

No. Table II for derivative securities shows no reported transactions; only a non-derivative disposition is recorded in Table I.

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.
Alexandria Real Estate Eq Inc

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170.87M
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REIT - Office
Real Estate Investment Trusts
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United States
PASADENA