Alexandria exec has 471 shares withheld for tax

Regional Market Director Blake L. Stevens had shares withheld to cover taxes on restricted stock vesting, leaving him with 29,064 ARE shares held directly.

Available on EDGAR 09/17/2026 - 04:33 PM EDT Accepted by SEC EDGAR 09/17/2026 - 04:33 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE) reported that Regional Market Director Blake L. Stevens had 471 shares of common stock withheld on September 15, 2026 to satisfy a tax obligation arising from the vesting of restricted stock. These shares were delivered to the issuer and not sold in the market, and Stevens now holds 29,064 shares of common stock directly. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Tax Withholding: 471 shares

Tax Withholding 1 txn

Insider Stevens Blake L.

Role Regional Market Director

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	471	$52.93	$25K

Holdings After Transaction: Common Stock — 29,064 shares (Direct)

Holdings Before and After: Common Stock, 29,535 to 29,064 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.

Key Figures

Shares withheld for tax: 471 shares Withholding price per share: $52.93 per share Shares held after transaction: 29,064 shares

3 metrics

Shares withheld for tax 471 shares Common stock withheld on September 15, 2026 for tax obligation on restricted stock vesting

Withholding price per share $52.93 per share Value used for the 471-share tax-withholding disposition

Shares held after transaction 29,064 shares Direct common stock holdings of Blake L. Stevens following the September 15, 2026 transaction

Key Terms

restricted stock, withheld by the issuer, tax obligation

3 terms

restricted stock financial

"tax obligation realized by the reporting person upon the vesting of restricted stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

withheld by the issuer financial

"Represents shares withheld by the issuer to satisfy a tax obligation"

tax obligation financial

"to satisfy a tax obligation realized by the reporting person"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ARE’s Regional Market Director report on this Form 4?

Blake L. Stevens reported that 471 shares of ARE common stock were withheld on September 15, 2026 to satisfy a tax obligation from the vesting of restricted stock. The shares were delivered to the issuer rather than sold in the market.

How many ARE shares does Blake L. Stevens hold after this transaction?

After the tax-withholding transaction, Blake L. Stevens holds 29,064 shares of ALEXANDRIA REAL ESTATE EQUITIES, INC. common stock directly, as reported on the Form 4.

Was the ARE Form 4 transaction a market sale or a tax withholding?

The Form 4 reports a tax-withholding disposition: 471 shares of ARE common stock were withheld by the issuer to satisfy a tax obligation triggered by restricted stock vesting, not sold on the open market.

What price per share was used for the ARE tax-withholding transaction?

The tax-withholding disposition for Blake L. Stevens used a price of $52.93 per share for the 471 withheld shares of ARE common stock reported on September 15, 2026.

Was the ARE insider transaction reported under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan was affirmed for this Form 4 transaction involving Blake L. Stevens and ALEXANDRIA REAL ESTATE EQUITIES, INC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Stevens Blake L.

(Last) (First) (Middle)

C/O ALEXANDRIA REAL ESTATE EQUITIES, INC

26 NORTH EUCLID AVENUE

(Street)

PASADENA CALIFORNIA 91101

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Regional Market Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/15/2026		F		471(1)	D	$52.93	29,064	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	09/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)