Equity Residential (NYSE: EQR) director awarded 3,276 restricted shares

Rhea-AI Filing Summary

STERRETT STEPHEN E reported acquisition or exercise transactions in this Form 4 filing.

Equity Residential director Stephen E. Sterrett reported a grant of 3,276 restricted common shares of beneficial interest at no cost. These shares were granted for prospective service from the 2026 Annual Meeting of Shareholders and are scheduled to vest on June 18, 2027.

Following this grant, Sterrett directly holds 24,551 common shares of Equity Residential, including restricted shares scheduled to vest in the future. Separately, 23,401 shares are owned by Principal Trust Company as Trustee of the Equity Residential Supplemental Executive Retirement Plan for his benefit and are reported as indirect holdings. The filing reflects routine equity compensation and retirement plan positions, with no open-market purchases or sales.

Insider Trade Summary

Net Buyer: 3,276 shares

Net Buy 2 txns

Insider STERRETT STEPHEN E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares Of Beneficial Interest	3,276	$0.00	$0.00
holding	Common Shares Of Beneficial Interest	--	--	--

Holdings After Transaction: Common Shares Of Beneficial Interest — 24,551 shares (Direct); Common Shares Of Beneficial Interest — 23,401 shares (Indirect, SERP Account)

Footnotes (3)

1. F1. Represents restricted shares granted for prospective service from the 2026 Annual Meeting of Shareholders, which are scheduled to vest on June 18, 2027.
2. F2. Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
3. F3. 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.

Key Figures

Restricted shares granted: 3,276 shares Grant price per share: $0.00 per share Direct holdings after grant: 24,551 shares +2 more

5 metrics

Restricted shares granted 3,276 shares Equity grant to director on June 18, 2026

Grant price per share $0.00 per share Restricted share award compensation

Direct holdings after grant 24,551 shares Common shares of beneficial interest held directly

Indirect SERP holdings 23,401 shares Held by Principal Trust Company as SERP Trustee

Restricted shares vesting date June 18, 2027 Scheduled vesting of 3,276 restricted shares

Key Terms

restricted shares, Supplemental Executive Retirement Plan, SERP Account, Common Shares Of Beneficial Interest

4 terms

restricted shares financial

"Represents restricted shares granted for prospective service from the 2026 Annual Meeting of Shareholders"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Supplemental Executive Retirement Plan financial

"Equity Residential Supplemental Executive Retirement Plan (the "SERP")"

SERP Account financial

"nature_of_ownership": "SERP Account""

Common Shares Of Beneficial Interest financial

"security_title": "Common Shares Of Beneficial Interest""

Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.

FAQ

What insider transaction did Equity Residential (EQR) disclose for Stephen E. Sterrett?

Equity Residential disclosed that director Stephen E. Sterrett received 3,276 restricted common shares as an equity grant. The shares were awarded at no cost as compensation and are scheduled to vest in June 2027, reflecting routine director compensation rather than an open-market trade.

When do Stephen E. Sterrett’s newly granted EQR restricted shares vest?

The 3,276 restricted shares granted to Stephen E. Sterrett are scheduled to vest on June 18, 2027. They were granted for prospective service from the 2026 Annual Meeting of Shareholders, so they become fully owned only after the specified vesting date is reached.

How many Equity Residential shares does Stephen E. Sterrett hold directly after this Form 4?

After the reported grant, Stephen E. Sterrett directly holds 24,551 Equity Residential common shares. This total includes restricted shares scheduled to vest in the future, representing his direct ownership position reported in this filing following the June 18, 2026 equity award.

What are Stephen E. Sterrett’s indirect EQR holdings through the SERP account?

The filing shows 23,401 Equity Residential shares held indirectly for Stephen E. Sterrett’s benefit by Principal Trust Company. These shares are owned as Trustee of the Equity Residential Supplemental Executive Retirement Plan, labeled as a SERP Account, and reported as indirect holdings.

Did Stephen E. Sterrett buy or sell EQR shares on the open market in this Form 4?

The Form 4 does not report any open-market purchases or sales by Stephen E. Sterrett. It records a grant of 3,276 restricted shares at a reported price of $0.00 per share and reflects existing indirect holdings in the Supplemental Executive Retirement Plan trust.

What is the nature of the Equity Residential shares held in the SERP for Stephen E. Sterrett?

Shares in the SERP are owned by Principal Trust Company as Trustee of the Equity Residential Supplemental Executive Retirement Plan. They are held for Stephen E. Sterrett’s benefit and reported as indirect ownership, indicating retirement-plan-related holdings rather than directly controlled trading positions.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/23/2026 - 04:36 PM Accepted by SEC EDGAR 06/23/2026 - 04:35 PM Learn about SEC filing dates

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^*

STERRETT STEPHEN E

(Last) (First) (Middle)

TWO NORTH RIVERSIDE PLAZA, SUITE 400

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/18/2026		A		3,276(1)	A	$0	24,551(2)	D
Common Shares Of Beneficial Interest								23,401(3)	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

Explanation of Responses:

1. Represents restricted shares granted for prospective service from the 2026 Annual Meeting of Shareholders, which are scheduled to vest on June 18, 2027.

2. Direct total includes restricted shares of Equity Residential scheduled to vest in the future.

3. 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.

	/s/ Samantha Thompson, Attorney-in-fact	06/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)