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Equity Residential (EQR) EVP granted 9,174 shares and 22,177 options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Equity Residential executive Scott Fenster reported equity awards and updated share holdings. On February 9, 2026, the EVP & General Counsel acquired 9,174 restricted common shares of beneficial interest as a grant with a stated price of $0.

He also received a grant of 22,177 non-qualified stock options with an exercise price of $64.67 per share, scheduled to vest in three installments on February 9, 2027, 2028, and 2029. Following these awards, he directly owned 18,438 common shares, with additional indirect holdings of 352 shares through a 401(k) plan and 28,514 shares through a revocable trust.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fenster Scott

(Last) (First) (Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 400

(Street)
CHICAGO IL 60606

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EQUITY RESIDENTIAL [ EQR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares Of Beneficial Interest 02/09/2026 A 9,174(1) A $0 18,438(2)(3) D
Common Shares Of Beneficial Interest 352(4) I 401(k) Plan
Common Shares Of Beneficial Interest 28,514(5) I Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option (Right to Buy) $64.67 02/09/2026 A 22,177 (6) 02/09/2036 Common Shares Of Beneficial Interest 22,177 $0 22,177 D
Explanation of Responses:
1. Represents restricted shares scheduled to vest on February 9, 2029.
2. Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
3. Excludes 26,243 shares previously owned directly which were contributed to a revocable trust on August 20, 2025.
4. Represents shares acquired through profit sharing contributions and dividend reinvestment activity in the reporting person's account with the Equity Residential Advantage 401(k) Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through January 16, 2026.
5. Represents shares beneficially owned by a trust for the benefit of the reporting person.
6. Represents share options scheduled to vest in approximately three equal installments on February 9, 2027, February 9, 2028 and February 9, 2029.
/s/ Samantha Thompson, Attorney-in-fact 02/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Equity Residential (EQR) report for Scott Fenster?

Equity Residential reported equity grants to EVP & General Counsel Scott Fenster. On February 9, 2026, he received 9,174 restricted common shares and 22,177 non-qualified stock options, both categorized as grant or award acquisitions rather than open-market purchases or sales.

How many stock options did Scott Fenster receive in the latest EQR Form 4?

Scott Fenster received 22,177 non-qualified stock options from Equity Residential. These options have an exercise price of $64.67 per share and are scheduled to vest in three approximately equal installments on February 9, 2027, February 9, 2028, and February 9, 2029.

What restricted share award did Equity Residential (EQR) grant to Scott Fenster?

Equity Residential granted 9,174 restricted common shares to Scott Fenster. The filing notes these are restricted shares scheduled to vest on February 9, 2029, and the transaction is reported at a price of $0, reflecting an equity compensation award rather than a market purchase.

What are Scott Fenster’s direct Equity Residential (EQR) share holdings after the reported transactions?

After the reported grant, Scott Fenster directly held 18,438 EQR common shares. This direct total includes restricted shares of Equity Residential scheduled to vest in the future, as explained in the footnotes to the Form 4 filing.

What indirect Equity Residential (EQR) holdings are reported for Scott Fenster?

Scott Fenster has indirect EQR holdings through a 401(k) plan and a revocable trust. The filing lists 352 common shares in a 401(k) retirement savings plan and 28,514 common shares beneficially owned by a trust for his benefit.

How do the new options granted to Scott Fenster vest at Equity Residential (EQR)?

The 22,177 options granted to Scott Fenster vest in three installments. According to the filing, these non-qualified stock options are scheduled to vest in approximately equal parts on February 9, 2027, February 9, 2028, and February 9, 2029.
Equity Residential

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