Welcome to our dedicated page for Douglas Emmett SEC filings (Ticker: DEI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. 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.
Douglas Emmett Inc director Dorene C. Dominguez received a grant of 18,852 long term incentive plan units (LTIP Units) in Douglas Emmett Properties, LP on 12/15/2025 under the company’s 2016 Omnibus Stock Incentive Plan as part of her annual director compensation.
These LTIP Units may vest and, after meeting vesting and performance criteria tied to increases in the Operating Partnership’s Gross Asset Values, can be converted into partnership common units on a one-for-one basis. The units then may be redeemable for an equal number of shares of Douglas Emmett common stock or the cash value of those shares, at the company’s election. The LTIP Units vest in four equal installments on January 1, 2026, April 1, 2026, July 1, 2026, and October 1, 2026, and unconverted units will be forfeited after the 12/31/2035 expiration date. Following this grant, her derivative holdings include this 18,852-unit award, 14,856 previously granted LTIP Units, and 36,260 OP Units.
Douglas Emmett Inc executive Kenneth M. Panzer, a director and the company’s President and COO, was granted 1,011,140 long term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP on 12/15/2025 under the 2016 Omnibus Stock Incentive Plan. Each LTIP Unit can convert into one partnership common unit and ultimately into either one share of common stock or the cash value of that share, at the company’s election, if vesting and performance conditions tied to asset values are met.
The LTIP Units vest 70% on 12/31/2025, with the remaining 30% vesting in equal installments on 12/31/2026, 12/31/2027, and 12/31/2028, and any units not converted before the 12/31/2035 expiration date are forfeited. Derivative securities owned by Panzer include the LTIP Units reported, an additional 1,261,301 previously granted LTIP Units and 9,497,675 partnership common units.
Douglas Emmett, Inc. reported an equity incentive award to its Chief Investment Officer, Kevin Andrew Crummy. On 12/15/2025, he received 124,251 long term incentive plan units (LTIP Units) in Douglas Emmett Properties, LP under the company’s 2016 Omnibus Stock Incentive Plan.
The LTIP Units vest in four equal installments of 25% on December 31, 2025, 2026, 2027, and 2028, and expire on 12/31/2035. After vesting and meeting specified performance criteria based on a percentage increase in Gross Asset Values of the operating partnership’s assets, each LTIP Unit can convert into one partnership common unit (OP Unit), which in certain events is redeemable for an equivalent number of shares of Douglas Emmett common stock or the cash value of those shares, at the company’s election. Following this grant, the reporting person’s derivative holdings include the 124,251 LTIP Units reported, an additional 328,954 previously granted LTIP Units, and 591,881 OP Units.
Douglas Emmett Inc. disclosed that director William E. Simon, Jr. received a grant of 18,852 long-term incentive plan (LTIP) units in Douglas Emmett Properties, LP on 12/15/2025 as part of his annual director compensation. These LTIP Units relate to the company’s 2016 Omnibus Stock Incentive Plan.
The LTIP Units vest in four equal installments on January 1, 2026, April 1, 2026, July 1, 2026, and October 1, 2026, and are convertible into operating partnership common units upon vesting and meeting performance criteria tied to increases in Gross Asset Values. The operating partnership units can then be redeemed for an equal number of Douglas Emmett common shares or the cash value of those shares, at the company’s election, through an expiration date of 12/31/2035. Following this grant, the director also holds 19,879 additional LTIP Units and 84,818 operating partnership units.