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