Director at Essex Property Trust (ESS) receives 633-share RSU grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Essex Property Trust director Anne B. Gust received a grant of 633 shares of common stock as a stock award, with no cash paid per share. These restricted stock units will fully vest on May 12, 2027 and will then be subject to transfer restrictions for one year after the grant date.

Following this award, Gust directly holds a total of 1,830 shares of Essex Property Trust common stock, including 6 shares acquired through a dividend reinvestment plan on April 15, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GUST ANNE B

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	633	$0.00	--

Holdings After Transaction: Common Stock — 1,830 shares (Direct, null)

Footnotes (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. Includes 6 shares acquired under a dividend reinvestment plan on April 15, 2026.

Key Figures

RSU grant size: 633 shares Grant price per share: $0.00 per share Total shares after transaction: 1,830 shares +2 more

5 metrics

RSU grant size 633 shares Restricted stock units granted to director on May 12, 2026

Grant price per share $0.00 per share Equity award, no cash paid by director

Total shares after transaction 1,830 shares Director’s direct holdings following the award

Dividend reinvestment shares 6 shares Acquired under dividend reinvestment plan on April 15, 2026

Vesting date May 12, 2027 Full vesting date for the 633 RSUs

Key Terms

restricted stock units, dividend reinvestment plan, transfer restrictions, Grant, award, or other acquisition

4 terms

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.

dividend reinvestment plan financial

"Includes 6 shares acquired under a dividend reinvestment plan on April 15, 2026"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

transfer restrictions financial

"subject to restrictions on transfer for the one-year period following the date of grant"

Transfer restrictions are legal or contractual limits that prevent or delay selling, gifting, or otherwise moving ownership of a security. Think of them like a temporary lock on a share that can be imposed by law, a contract, or a registrar: they matter to investors because they reduce liquidity, can delay when holders can realize cash, and often affect a security’s market value and attractiveness to buyers.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 04:13 PM

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^*

GUST ANNE B

(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)

X	Director	10% 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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/12/2026		A		633⁽¹⁾	A	$0	1,830⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

2. Includes 6 shares acquired under a dividend reinvestment plan on April 15, 2026.

Remarks:

	/s/ Brennan McGreevy, Attorney in Fact	05/14/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Anne B. Gust report for ESS?

Anne B. Gust reported receiving 633 shares of Essex Property Trust common stock as a stock award. These are structured as restricted stock units that fully vest on May 12, 2027, and are subject to a one-year transfer restriction following the grant date.

How many Essex Property Trust (ESS) shares does Anne B. Gust own after this grant?

After the grant, Anne B. Gust directly holds 1,830 shares of Essex Property Trust common stock. This total includes the newly granted 633 restricted stock units and 6 shares acquired earlier through the company’s dividend reinvestment plan on April 15, 2026.

When do Anne B. Gust’s newly granted ESS restricted stock units vest?

The 633 restricted stock units granted to Anne B. Gust will be fully vested as of May 12, 2027. Even after vesting, the award remains subject to restrictions on transfer for one year following the original grant date, limiting immediate share liquidity.

What is the price paid for Anne B. Gust’s new ESS stock award?

The 633-share stock award to Anne B. Gust was granted at a reported price of $0.00 per share. This reflects a compensation-related equity grant rather than an open-market purchase, so no cash was paid by the director to acquire these shares.

Does the filing mention dividend reinvestment plan shares for ESS?

Yes. The filing notes that Anne B. Gust’s holdings include 6 shares acquired under a dividend reinvestment plan on April 15, 2026. These shares are part of her total 1,830 directly held Essex Property Trust common shares after the reported stock award.