ARE (ARE) EVP adjusts stock holdings after restricted share forfeiture and tax withholding

Rhea-AI Filing Summary

Alexandria Real Estate Equities, Inc. executive Kristina Fukuzaki-Carlson reported routine equity award adjustments involving company common stock. On 01/23/2026, 1,120 shares of common stock were forfeited from a previously reported restricted stock award. On the same date, 140 shares were withheld by the company to cover tax obligations triggered by the vesting of restricted stock, at a price of $59.69 per share. After these transactions, she directly owned 40,984 shares of Alexandria Real Estate Equities common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Fukuzaki-Carlson Kristina

Role EVP - Business Operations

Type	Security	Shares	Price	Value
Disposition	Common Stock	1,120	$0.00	--
Tax Withholding	Common Stock	140	$59.69	$8K

Holdings After Transaction: Common Stock — 41,124 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^*

Fukuzaki-Carlson Kristina

(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 - Business Operations

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	41,124	D
Common Stock	01/23/2026		F		140(2)	D	$59.69	40,984	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	01/24/2026
	** 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 transactions did ARE executive Kristina Fukuzaki-Carlson report?

Kristina Fukuzaki-Carlson reported two transactions in Alexandria Real Estate Equities common stock on January 23, 2026. These involved the forfeiture of 1,120 restricted shares and the withholding of 140 shares to satisfy tax obligations related to restricted stock vesting.

How many ARE shares does Kristina Fukuzaki-Carlson own after this Form 4?

After the reported transactions, Kristina Fukuzaki-Carlson directly owns 40,984 shares of Alexandria Real Estate Equities common stock. This reflects both the 1,120-share forfeiture and 140 shares withheld for taxes tied to restricted stock vesting on January 23, 2026.

Why were 1,120 ARE shares reported as disposed of on January 23, 2026?

The 1,120 Alexandria Real Estate Equities shares reported as disposed of represent the forfeiture of a portion of a previously reported restricted stock award. This adjustment reflects equity award terms rather than an open-market sale or discretionary trading decision by the executive.

What does the 140-share transaction at $59.69 mean for ARE stock?

The 140-share transaction at $59.69 per share reflects shares withheld by Alexandria Real Estate Equities to satisfy a tax obligation upon restricted stock vesting. This is a common administrative mechanism, not an open-market sale initiated by the executive for investment purposes.

What is Kristina Fukuzaki-Carlson’s role at Alexandria Real Estate Equities (ARE)?

Kristina Fukuzaki-Carlson serves as Executive Vice President, Business Operations at Alexandria Real Estate Equities. Her Form 4 filing reports changes in her beneficial ownership of company common stock tied to restricted stock forfeiture and tax withholding events on January 23, 2026.