Equity Residential director granted 3,561 restricted units
Equity Residential director Angela M. Aman received a grant of 3,561 restricted units as long‑term equity compensation.
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Form Type
4
Rhea-AI Filing Summary
Equity Residential director Angela M. Aman received a grant of 3,561 restricted units as long‑term equity compensation. These Series 2026C restricted limited partnership interests in ERP Operating Limited Partnership automatically convert into the same number of OP Units once a tax-related capital account target is met within ten years.
The award is intended for prospective service from the 2026 Annual Meeting of Shareholders, vests on June 18, 2027, and is subject to a holding restriction until June 18, 2028. Subject to vesting and other conditions, OP Units can be exchanged on a one-for-one basis for Equity Residential common shares or their cash value at the company’s option.
Insider Trade Summary
Grant/Award: 3,561 shares
Grant/Award
1 txn
Insider
Aman Angela M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Units | 3,561 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Units — 3,561 contracts (Direct)
Footnotes (3)
- F1. On June 18, 2026, the reporting person elected to receive a grant of Series 2026C restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership (the "OP"), the OP of Equity Residential (the "Company"), in connection with the Company's annual grant of long-term compensation for prospective service from the 2026 Annual Meeting of Shareholders.
- F2. RUs are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the OP ("OP Units") when the capital account related to the RUs reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to the vesting requirements of the grant and certain other restrictions, OP Units are exchangeable by the holder for common shares of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The RUs reflected in this report also include any OP Units into which such RUs automatically convert.
- F3. The RUs are scheduled to vest on June 18, 2027. In addition, the RUs (including any OP Units into which they may automatically convert) are subject to a holding restriction until June 18, 2028.
Key Figures
Restricted units granted: 3,561 units
Total restricted units held: 3,561 units
Vesting date: June 18, 2027
+3 more
6 metrics
Restricted units granted
3,561 units
Grant of Series 2026C restricted limited partnership interests on June 18, 2026
Total restricted units held
3,561 units
Holdings following the reported grant
Vesting date
June 18, 2027
Scheduled vesting of the restricted units
Holding restriction end
June 18, 2028
Restriction on transfers of RUs and any OP Units
Unit expiration
June 18, 2036
Expiration date of the derivative security
Exchange ratio
1 OP Unit : 1 common share
OP Units exchangeable for Equity Residential common shares or cash value
Key Terms
Restricted Units, limited partnership interests, OP Units, vesting, +2 more
6 terms
Restricted Units financial
"the reporting person elected to receive a grant of Series 2026C restricted limited partnership interests ("RUs")"
limited partnership interests financial
"Series 2026C restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership"
An ownership stake in a limited partnership gives an investor the role of a limited partner who provides capital but does not run day-to-day operations; a separate general partner manages the business. It matters because limited partners share profits, losses, and tax benefits but generally cannot lose more than they invested and have little control or liquidity—think of it like quietly funding a small business while someone else manages it, with potential return and risk tied to the venture’s performance.
OP Units financial
"automatically convert into an equal number of limited partnership interests of the OP ("OP Units")"
OP units are ownership stakes in an operating partnership that sits beneath a public parent company, commonly used by real estate and energy firms to hold assets and distributions. Think of them like special shares in a subsidiary: they give economic rights to profits and cash payouts but are structured differently from the parent’s common stock, so investors watch OP unit issuance because it can change the effective ownership, future distributions, and potential dilution of the parent company’s equity.
vesting financial
"The RUs are scheduled to vest on June 18, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
holding restriction financial
"the RUs (including any OP Units into which they may automatically convert) are subject to a holding restriction until June 18, 2028."
long-term compensation financial
"in connection with the Company's annual grant of long-term compensation for prospective service"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Equity Residential (EQR) report for Angela M. Aman?
Equity Residential reported that director Angela M. Aman received a grant of 3,561 restricted units as long-term equity compensation. These units are partnership interests in ERP Operating Limited Partnership and are designed to align her incentives with future company performance and shareholder interests.
How many restricted units did Angela M. Aman receive from Equity Residential (EQR)?
Angela M. Aman received 3,561 restricted units in ERP Operating Limited Partnership. These units automatically convert into an equal number of OP Units upon reaching a specified tax-related capital account target and may ultimately be exchangeable for Equity Residential common shares or their cash value.
When do Angela M. Aman’s restricted units in Equity Residential (EQR) vest and become freely holdable?
The restricted units granted to Angela M. Aman are scheduled to vest on June 18, 2027. In addition, both the restricted units and any OP Units they may convert into are subject to a holding restriction until June 18, 2028, limiting potential transfers before that date.
What is the purpose of the restricted unit grant reported by Equity Residential (EQR)?
The grant of restricted units to Angela M. Aman is part of Equity Residential’s annual long-term compensation program. It is tied to prospective service from the 2026 Annual Meeting of Shareholders, aiming to reward ongoing board service and align compensation with long-term company performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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