STOCK TITAN

Director at Essex Property (NYSE: ESS) receives 633 restricted stock units

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

Rhea-AI Filing Summary

HAWTHORNE MARIA R reported acquisition or exercise transactions in this Form 4 filing.

Essex Property Trust director Maria R. Hawthorne received an equity award of 633 shares of common stock at no cash cost to her. The award represents restricted stock units that will be fully vested as of May 12, 2027 and cannot be transferred for one year after the grant date. Following this grant, she directly holds 3,711 shares, reflecting a routine compensation-related increase in her ownership rather than an open-market purchase.

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Insider HAWTHORNE MARIA R
Role null
Type Security Shares Price Value
Grant/Award Common Stock 633 $0.00 --
Holdings After Transaction: Common Stock — 3,711 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 633 shares Compensation award of common stock
Transaction price $0.0000 per share Grant, award, or other acquisition
Holdings after grant 3,711 shares Direct ownership following transaction
Vesting date May 12, 2027 Restricted stock units fully vest as of this date
Transfer restriction period One year after grant date Units subject to transfer limits for one year
restricted stock units financial
"Represents restricted stock units that will be fully vested as of May 12, 2027"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
direct ownership financial
"total_shares_following_transaction ... direct_or_indirect: D (direct ownership)"
restrictions on transfer financial
"subject to restrictions on transfer for the one-year period following the date of grant"
SEC Form 4
FORM 4UNITED 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*
HAWTHORNE MARIA R

(Last)(First)(Middle)
C/O ESSEX PROPERTY TRUST, INC.
1100 PARK PLACE, SUITE 200

(Street)
SAN MATEO CALIFORNIA 94403

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ESSEX PROPERTY TRUST, INC. [ ESS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/12/2026A633(1)A$03,711D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units that will be fully vested as of May 12, 2027 and are subject to restrictions on transfer for the one-year period following the date of grant.
Remarks:
/s/ Brennan McGreevy, Attorney in Fact05/14/2026
** Signature of Reporting PersonDate
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)

FAQ

What did ESS director Maria R. Hawthorne report in this Form 4?

Maria R. Hawthorne reported receiving an award of 633 shares of Essex Property Trust common stock. These are restricted stock units granted as compensation, rather than an open-market purchase, and increase her direct holdings to 3,711 shares after the transaction.

Was cash paid for the 633 Essex Property (ESS) shares granted?

No cash was paid for the 633 shares. The Form 4 shows a transaction price per share of $0.0000, indicating these shares were granted to Maria R. Hawthorne as a compensation award rather than purchased in the open market.

When do Maria R. Hawthorne’s 633 ESS restricted stock units vest?

The 633 restricted stock units granted to Maria R. Hawthorne will be fully vested as of May 12, 2027. Until vesting, they remain subject to service and award conditions detailed in the grant, as described in the Form 4 footnote.

Are there transfer restrictions on the new ESS restricted stock units?

Yes. The footnote states the restricted stock units are subject to restrictions on transfer for the one-year period following the grant date. This means Hawthorne generally cannot transfer the award during that first year after receiving it.

How many ESS shares does Maria R. Hawthorne hold after this Form 4 transaction?

After the grant of 633 shares, Maria R. Hawthorne directly holds 3,711 shares of Essex Property Trust common stock. This total reflects her position immediately following the reported award and provides context for the size of the compensation grant.