Here are the 424B prospectus supplements from Equity Residential (EQR) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow EQR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EQR filings page.
Equity Residential and AvalonBay Communities plan a stock-for-stock merger of equals. AvalonBay will first contribute certain assets to ERP Operating Partnership for OP Units, then merge into an Equity Residential subsidiary, which will remain a wholly owned unit of Equity Residential.
Each outstanding share of AvalonBay common stock will be converted into 2.793 Equity Residential common shares, with cash paid in lieu of fractional shares. Based on recent Equity Residential prices, this implied about $185.12–$190.79 of Equity Residential stock per AvalonBay share. The exchange ratio is fixed, so value will move with Equity Residential’s share price until closing.
After completion, former AvalonBay holders are expected to own about 51% of the combined company and existing Equity Residential shareholders about 49%. Both boards unanimously approved the merger and related share issuance and recommend voting in favor of their respective proposals at virtual special meetings on August 12, 2026. The parties intend the merger to qualify as a tax-free reorganization for most U.S. holders, aside from cash for fractional shares. A $2.0 billion bridge facility is committed to help manage combined indebtedness of roughly $8.34 billion at Equity Residential and $9.36 billion at AvalonBay.