Equity Residential (EQR) insider files Form 144 to sell 11,000 shares

Rhea-AI Filing Summary

Equity Residential (EQR) submitted a Form 144 disclosing a proposed sale of 11,000 common shares with an aggregate market value of $697,582.13, to be executed approximately on 08/13/2025 on the NYSE. The filing reports 381,898,057 shares outstanding, so the proposed sale is approximately 0.0029% of the outstanding common stock.

The notice lists the acquisition history for the shares: purchases through an employee stock purchase plan and multiple restricted stock vestings dated between 02/28/2017 and 06/17/2022, with individual lots shown. The filer reports no securities sold in the past three months and affirms no undisclosed material adverse information, consistent with Rule 144 disclosure requirements.

Positive

• Form 144 filed disclosing proposed sale of 11,000 shares with an aggregate market value of $697,582.13
• Proposed sale is approximately 0.0029% of the reported 381,898,057 outstanding shares, indicating limited market impact
• Acquisition history is detailed: ESPP purchases and restricted stock vestings dated between 02/28/2017 and 06/17/2022
• No securities sold in the past three months reported in the filing

Negative

• None.

Insights

Securities Analyst

TL;DR Small insider sale disclosed; size is immaterial to market capitalization but provides transparency on holdings.

The Form 144 reports a proposed disposal of 11,000 common shares valued at $697,582.13, to be sold on 08/13/2025 on the NYSE. Against 381,898,057 shares outstanding, the lot equals roughly 0.0029% of the float, implying negligible direct market impact. The reported acquisition history—ESPP purchases and restricted stock vestings between 2017 and 2022—indicates the shares originated from compensation programs rather than a single large grant. No sales in the past three months are reported, and the filer affirms no undisclosed material adverse information.

Corporate Governance Expert

TL;DR Filing demonstrates compliance with Rule 144; signal to stakeholders is limited by the small size of the sale.

This Form 144 provides required disclosure for an insider sale and documents acquisition lots by date and nature (ESPP and restricted stock vesting). The declaration that the filer knows of no material adverse information and the absence of recent sales are procedural and consistent with compliance expectations. Given the sale's size relative to outstanding shares (~0.0029%), the governance signal is muted and unlikely to alter shareholder control or corporate governance dynamics.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	11000	697582.13	381898057	08/13/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/28/2017	ESPP Purchase	Issuer			1894	02/28/2017	Cash
Common	06/16/2017	Restricted Stock Vesting	Issuer			1	06/16/2017	Compensation
Common	06/15/2018	Restricted Stock Vesting	Issuer			1494	06/15/2018	Compensation
Common	06/14/2019	Restricted Stock Vesting	Issuer			1254	06/14/2019	Compensation
Common	06/27/2020	Restricted Stock Vesting	Issuer			1587	06/27/2020	Compensation
Common	08/14/2020	ESPP Purchase	Issuer			2163	08/14/2020	Cash
Common	03/01/2021	ESPP Purchase	Issuer			1882	03/01/2021	Cash
Common	06/17/2022	Restricted Stock Vesting	Issuer			725	06/17/2022	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Equity Residential (EQR) disclose in the Form 144?

The filer disclosed a proposed sale of 11,000 common shares with an aggregate market value of $697,582.13, to be sold approximately on 08/13/2025 on the NYSE.

How large is the proposed sale relative to EQR's shares outstanding?

The filing reports 381,898,057 shares outstanding, so the proposed 11,000-share sale equals about 0.0029% of outstanding common stock.

Where and when were the shares acquired that are being offered for sale?

The securities were acquired through ESPP purchases and restricted stock vestings with recorded acquisition dates between 02/28/2017 and 06/17/2022.

Has the filer sold any securities of the issuer in the past three months?

The Form 144 states Nothing to Report for securities sold during the past three months.

Does the filer assert any undisclosed material adverse information about the issuer?

By signing the notice the filer represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.