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Equity Residential (NYSE: EQR) CEO receives major new equity grants

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

Rhea-AI Filing Summary

Equity Residential reported that President and CEO Mark J. Parrell received equity awards on February 9, 2026. He was granted 19,909 restricted common shares of beneficial interest at $0 per share, bringing his directly held common shares to 41,889, which include restricted shares scheduled to vest in the future.

Parrell was also granted a non-qualified stock option for 144,350 common shares at an exercise price of $64.67 per share, expiring on February 9, 2036, vesting in three equal installments on February 9, 2027, February 9, 2028, and February 9, 2029. In addition, he indirectly holds 1,340 shares through an Equity Residential 401(k) plan and 4,112 shares in a Supplemental Executive Retirement Plan account.

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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*
Parrell Mark J.

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
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 19,909(1) A $0 41,889(2) D
Common Shares Of Beneficial Interest 1,340(3) I 401(k) Plan
Common Shares Of Beneficial Interest 4,112(4) I SERP Account
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 144,350 (5) 02/09/2036 Common Shares Of Beneficial Interest 144,350 $0 144,350 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. 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.
4. Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan (the "SERP"), for the benefit of the reporting person.
5. 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) disclose for CEO Mark Parrell?

Equity Residential disclosed that CEO Mark J. Parrell received equity awards on February 9, 2026, including restricted shares and stock options. These awards increase his direct and indirect holdings in the company through common shares, a 401(k) plan, and a Supplemental Executive Retirement Plan account.

How many restricted Equity Residential (EQR) shares were granted to the CEO?

Mark J. Parrell was granted 19,909 restricted common shares of beneficial interest at no cost on February 9, 2026. These restricted shares are scheduled to vest on February 9, 2029, and are included within his directly reported common share holdings after the transaction.

What stock options did the Equity Residential (EQR) CEO receive in this filing?

The CEO received a non-qualified stock option for 144,350 common shares with an exercise price of $64.67 per share. The option expires on February 9, 2036 and vests in three approximately equal installments in 2027, 2028, and 2029, subject to the stated schedule.

How many Equity Residential (EQR) shares does the CEO own directly after these awards?

Following the reported equity awards, Mark J. Parrell beneficially owns 41,889 common shares directly. This total includes restricted shares of Equity Residential that are scheduled to vest in the future, as noted in the explanatory footnotes accompanying the ownership table.

What indirect Equity Residential (EQR) holdings does the CEO have through benefit plans?

The CEO has 1,340 shares held indirectly through the Equity Residential Advantage 401(k) Retirement Savings Plan, reflecting contributions and dividend reinvestment through January 16, 2026. He also has 4,112 shares held by Principal Trust Company as Trustee of the Supplemental Executive Retirement Plan for his benefit.

When will the Equity Residential (EQR) CEO’s new stock options vest?

The newly granted stock options for 144,350 shares are scheduled to vest in approximately three equal installments. Vesting dates are February 9, 2027, February 9, 2028, and February 9, 2029, aligning with the long-term incentive structure described in the filing footnotes.
Equity Residential

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