Equity Residential (NYSE: EQR) holder plans $390K NYSE sale
Rhea-AI Filing Summary
Equity Residential (EQR) received a Rule 144 notice for a potential sale of its common stock by Robert A. Garechana. The notice covers up to 6,000 shares, with an approximate aggregate market value of $390,000.00, to be sold through Fidelity Brokerage Services LLC on the NYSE around 08/18/2026. The shares derive from restricted stock vesting compensation grants dated 02/04/2019 (586 shares) and 02/05/2025 (5,414 shares).
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Key Figures
Shares to be sold: 6,000 shares
Approximate aggregate market value: $390,000.00
CUSIP: 374944409
+4 more
7 metrics
Shares to be sold
6,000 shares
Common stock covered by the Rule 144 notice
Approximate aggregate market value
$390,000.00
Estimated value of the 6,000 shares to be sold
CUSIP
374944409
Security identifier for the common stock to be sold
Proposed sale date
08/18/2026
Date associated with the planned NYSE sale
2019 vesting amount
586 shares
Restricted stock vesting on 02/04/2019 as compensation
2025 vesting amount
5,414 shares
Restricted stock vesting on 02/05/2025 as compensation
Issuer phone
3124741300
Contact phone number for the issuer
Key Terms
Rule 144, restricted stock vesting, compensation, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 02/04/2019 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
compensation financial
"586 | 02/04/2019 | Compensation"
attorney-in-fact regulatory
"as attorney-in-fact for Robert A. Garechana."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does this Form 144 filing mean for Equity Residential (EQR)?
The Form 144 filing for Equity Residential (EQR) reports a planned sale of up to 6,000 common shares by a holder under Rule 144. It is a notice of a potential resale of restricted or control securities, not an issuance of new shares.
What is Rule 144 and how does it relate to this EQR filing?
Rule 144 provides a safe harbor for resales of restricted or control securities if conditions are met. This filing serves as the required notice of a proposed sale of Equity Residential shares under that rule.
AI-generated analysis. How Rhea-AI works. Not financial advice.