Douglas Emmett, Inc. filings document the REIT's operating results, portfolio disclosures and governance as an owner and operator of office and multifamily properties in Los Angeles and Honolulu. Form 8-K reports include quarterly earnings results and operating information covering revenues, FFO, AFFO, same-property cash NOI, leasing, absorption, development portfolio activity and zoning-related residential capacity.
Definitive proxy and governance-related 8-K filings describe director elections, board size, executive officer appointments, executive compensation, related-party transaction disclosure, independence determinations and shareholder voting matters. The filings frame Douglas Emmett as a Maryland REIT with common stock listed on the New York Stock Exchange.
Douglas Emmett, Inc. is asking stockholders to vote at a virtual annual meeting on May 28, 2026. Investors will elect eight directors, ratify Ernst & Young LLP as auditor for 2026, and cast an advisory “say on pay” vote on 2025 named executive officer compensation.
Stockholders are also asked to approve a new 2026 Omnibus Stock Incentive Plan authorizing awards relating to up to 15 million shares of common stock plus certain shares returned from the 2016 plan. As of the March 31, 2026 record date, 167,485,267 common shares were outstanding, and directors and executive officers together held about 17.1% of outstanding share equivalents valued at $314.0 million.
Douglas Emmett Inc reported that President and COO Kenneth M. Panzer received a compensatory grant of 1,000,000 Long Term Incentive Plan Units (LTIP Units) in Douglas Emmett Properties, LP on December 15, 2025 under the 2016 Omnibus Stock Incentive Plan.
Each LTIP Unit can, after vesting and meeting a specified percentage increase in Gross Asset Values of the operating partnership’s assets, convert one-for-one into an OP Unit, which is redeemable for an equivalent number of common shares or their cash value at the company’s election. The award vests 70% on December 31, 2025, with the remaining 30% vesting in equal portions on December 31, 2026, 2027, and 2028, and any unconverted units by the December 31, 2035 expiration are forfeited.
This amended Form 4 corrects the number of LTIP Units previously reported for the December 15, 2025 grant and notes that, as of that date, Mr. Panzer also held 1,261,301 previously granted LTIP Units and 9,497,675 OP Units.
Douglas Emmett Inc reported that Chairman and CEO Jordan L. Kaplan received a compensatory grant of 1,000,000 Long Term Incentive Plan Units (LTIP Units) on December 15, 2025 under the company’s 2016 Omnibus Stock Incentive Plan. This amended filing corrects the number of LTIP Units previously reported for that award. The LTIP Units have a conversion price of $0.00, are linked to one share of common stock per unit, and expire on December 31, 2035. Vesting is staged, with 70% of the LTIP Units vesting on December 31, 2025 and the remaining 30% vesting in equal installments on December 31 of 2026, 2027, and 2028. Each vested LTIP Unit can convert into one partnership common unit (OP Unit) if specified Gross Asset Value performance criteria are met, and OP Units may then be redeemed for an equivalent number of shares of common stock or cash at the company’s election.
Douglas Emmett, Inc. announced board changes as longtime director Leslie E. Bider will retire after the annual shareholder meeting scheduled for May 28, 2026, and Andy Cohen has been elected as a new director effective April 8, 2026. The board size temporarily increases from eight to nine members during the transition, then returns to eight after Mr. Bider’s term ends. Mr. Cohen, Global Co-Chair of architecture firm Gensler, is deemed independent under New York Stock Exchange standards even though the company paid Gensler about $2.0 million for services in 2025. He will receive a prorated annual retainer of $220,000, payable in long term incentive plan units under the proposed 2026 Omnibus Stock Incentive Plan, if approved by stockholders.
Douglas Emmett Inc: The Vanguard Group filed Amendment No. 19 to a Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of the class. The filing states that, in accordance with SEC Release No. 34-39538 (January 12, 1998), Vanguard disaggregated certain subsidiaries and business divisions after an internal realignment and no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by those subsidiaries or divisions.
Douglas Emmett, Inc. filed its annual report describing a focused office and multifamily REIT concentrated in Los Angeles and Honolulu. At December 31, 2025, its portfolio included an 18.0 million square foot office portfolio, 5,445 multifamily units and two ground-lease parcels.
The company also held interests in six consolidated joint ventures owning 18 office properties totaling 4.6 million square feet and three residential assets with 793 apartments. It reported approximately $5.6 billion of debt outstanding, including $1.6 billion of floating-rate obligations, and emphasized maintaining REIT tax status.
The report details business strategy, environmental and social initiatives, human capital programs for about 778 employees, and extensive risk factors, including inflation, interest-rate exposure, geographic concentration in Southern California and Honolulu, regulatory and environmental compliance, and competition for tenants and acquisitions.
Douglas Emmett Inc Chairman and CEO Jordan L. Kaplan bought 98,000 shares of common stock in an open-market purchase. The weighted average price was $10.18 per share, with trades between $9.96 and $10.25. Following this purchase, he directly owns 2,949,640 shares.
Douglas Emmett, Inc. reported fourth-quarter and full-year 2025 results and issued 2026 guidance. Q4 2025 revenue was $249 million versus $245 million a year earlier, with a net loss to common stockholders of $7 million and FFO per fully diluted share of $0.35.
For 2025, revenue was $1.004 billion compared with $986 million in 2024, while FFO per fully diluted share declined from $1.71 to $1.45 and AFFO fell from $277 million to $221 million. Same property cash NOI was essentially flat for the year.
The company achieved 104,000 square feet of net positive office absorption in Q4 and maintained full multifamily occupancy with roughly 5% higher same property cash NOI versus Q4 2024. It continues major redevelopments, including the 712-unit Landmark Residences and a planned 323-unit mixed-use project at 10900 Wilshire.
During Q4, a consolidated joint venture reduced debt by $60 million and fixed the rate on $565 million of remaining debt at 4.79%, while the company closed a non-recourse construction loan providing up to $375 million for Landmark Residences. Cash and cash equivalents were $340.8 million, and a quarterly dividend of $0.19 per share was paid.
For 2026, Douglas Emmett expects net loss per diluted share between $(0.20) and $(0.14) and FFO per fully diluted share between $1.39 and $1.45, assuming average office occupancy of 77%–79% and essentially fully leased residential assets.
Douglas Emmett Inc. reported an equity award to director Shirley Wang. On December 15, 2025, she received 18,852 long term incentive plan units (LTIP Units) in Douglas Emmett Properties, LP under the company’s 2016 Omnibus Stock Incentive Plan, with a conversion price of $0 and expiration on December 31, 2035.
The LTIP Units vest in four equal installments on January 1, 2026, April 1, 2026, July 1, 2026 and October 1, 2026. Once vested and after meeting performance criteria based on increases in the partnership’s Gross Asset Values, each LTIP Unit may convert into one partnership common unit, which can be redeemed for an equivalent number of Douglas Emmett common shares or their cash value at the company’s election. After this grant, her derivative holdings include these LTIP Units, 14,856 additional LTIP Units and 35,160 partnership common units.