ESS CFO reports 215-share tax withholding
Essex Property Trust Executive Vice President and CFO Barbara Pak reported a small share withholding transaction.
Rhea-AI Filing Summary
Essex Property Trust Executive Vice President and CFO Barbara Pak reported a small share withholding transaction. On February 6, 2026, 215 shares of Essex Property Trust common stock were withheld by the company at a price of $258.06 per share to cover tax obligations from the release of previously granted restricted stock units.
After this tax withholding, Pak beneficially owned 12,445 shares of Essex Property Trust common stock in direct ownership. This type of transaction is administrative in nature and reflects equity compensation being settled rather than an open‑market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 215 | $258.06 | $55K |
Footnotes (1)
- F1. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the release of restricted stock units that were granted on February 8, 2024.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESS Executive VP & CFO Barbara Pak report?
Barbara Pak reported a tax withholding transaction involving 215 shares of Essex Property Trust common stock. The shares were withheld by the company to cover taxes due on the release of previously granted restricted stock units, rather than sold on the open market.
Was the ESS insider transaction an open-market sale by Barbara Pak?
No, the transaction was not an open-market sale. The 215 shares were withheld by Essex Property Trust itself to satisfy tax withholding related to the release of restricted stock units granted to Barbara Pak on February 8, 2024.
What role does Barbara Pak hold at Essex Property Trust (ESS)?
Barbara Pak serves as Executive Vice President and Chief Financial Officer of Essex Property Trust. Her Form 4 filing reflects equity compensation activity, specifically tax withholding tied to restricted stock units granted as part of her executive compensation package.
AI-generated analysis. How Rhea-AI works. Not financial advice.