ESS (ESS) CFO uses 206 shares for tax withholding on RSU vesting
Rhea-AI Filing Summary
ESSEX PROPERTY TRUST, INC. Executive Vice President & CFO Barbara Pak reported a tax-related share disposition. The company withheld 206 shares of common stock at $256.18 per share to cover tax obligations tied to restricted stock units that vested from a grant made on February 18, 2025. After this withholding, she directly holds 12,239 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 206 shares
Net Sell
1 txn
Insider
Pak Barbara
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 206 | $256.18 | $53K |
Holdings After Transaction:
Common Stock — 12,239 shares (Direct)
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 18, 2025.
FAQ
What insider transaction did ESS CFO Barbara Pak report on this Form 4?
Barbara Pak reported a tax-withholding disposition of 206 ESS common shares. The company withheld these shares to satisfy tax obligations triggered by the vesting of previously granted restricted stock units, rather than through an open-market sale or discretionary trading activity.
Was the ESS Form 4 transaction an open-market sale by the CFO?
No, the ESS Form 4 shows a tax-withholding disposition, not an open-market sale. The company withheld 206 shares at $256.18 each to cover tax liabilities arising from the release of restricted stock units granted on February 18, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.