1,024 Alexandria Real Estate Equities (ARE) shares withheld for taxes

Rhea-AI Filing Summary

ALEXANDRIA REAL ESTATE EQUITIES, INC. executive vice president of accounting Orraparn C. Lee had 1,024 shares of common stock withheld on March 13, 2026 to cover tax obligations from vested restricted stock, at a value of $48.41 per share. After this tax-withholding disposition, Lee directly holds 47,225 shares, and no open-market sale occurred.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lee Orraparn C.

Role EVP - Accounting

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,024	$48.41	$50K

Holdings After Transaction: Common Stock — 47,225 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^*

Lee Orraparn C.

(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 - Accounting

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/13/2026		F		1,024(1)	D	$48.41	47,225	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/ Bill Boyle, Attorney-in-Fact	03/13/2026
	** 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 Orraparn C. Lee report?

Orraparn C. Lee reported a tax-withholding disposition of 1,024 shares of ALEXANDRIA REAL ESTATE EQUITIES common stock. The shares were withheld by the company to satisfy tax obligations triggered when restricted stock vested.

Was the ARE Form 4 transaction an open-market sale of shares?

No, the Form 4 does not show an open-market sale. The 1,024 shares were withheld by ALEXANDRIA REAL ESTATE EQUITIES to cover Lee’s tax liability from restricted stock vesting, a routine non-market transaction under code F.

How many ARE shares were involved and at what value per share?

The filing shows 1,024 shares of ALEXANDRIA REAL ESTATE EQUITIES common stock were withheld. The value used in the transaction was $48.41 per share, reflecting the amount applied to satisfy Lee’s tax obligation on the vested restricted stock.

How many ARE shares does Orraparn C. Lee hold after the transaction?

After the tax-withholding disposition, Orraparn C. Lee directly holds 47,225 shares of ALEXANDRIA REAL ESTATE EQUITIES common stock. This figure reflects Lee’s remaining direct ownership following the 1,024 shares withheld for tax purposes on vested restricted stock.

What does transaction code F mean in the ARE Form 4 filing?

Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, ALEXANDRIA REAL ESTATE EQUITIES withheld 1,024 shares from Orraparn C. Lee to cover taxes arising from the vesting of restricted stock, not a discretionary sale.

What role does Orraparn C. Lee hold at ALEXANDRIA REAL ESTATE EQUITIES?

Orraparn C. Lee serves as Executive Vice President – Accounting at ALEXANDRIA REAL ESTATE EQUITIES. The Form 4 reflects Lee’s equity-based compensation activity, specifically shares withheld to satisfy tax obligations upon the vesting of restricted stock awards.