STOCK TITAN

Essex Property (NYSE: ESS) withholds 80 insider shares for taxes

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

Rhea-AI Filing Summary

Essex Property Trust executive Burns Rylan had 80 shares of common stock withheld by the company on February 6, 2026 to cover taxes on vesting restricted stock units granted February 8, 2024. The shares were valued at $258.06 each, and Rylan now directly holds 2,353 common shares.

Positive

  • None.

Negative

  • None.
Insider Burns Rylan
Role EVP & Chief Investment Officer
Type Security Shares Price Value
Tax Withholding Common Stock 80 $258.06 $21K
Holdings After Transaction: Common Stock — 2,353 shares (Direct)
Footnotes (1)
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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*
Burns Rylan

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

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ESSEX PROPERTY TRUST, INC. [ ESS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Investment Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 Stock 02/06/2026 F 80(1) D $258.06 2,353 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Brennan McGreevy, Attorney in Fact 02/10/2026
** 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.

FAQ

What insider transaction did Essex Property Trust (ESS) report for Burns Rylan?

Essex Property Trust reported that EVP & Chief Investment Officer Burns Rylan had 80 shares of common stock withheld on February 6, 2026. These shares were withheld to satisfy tax obligations arising from the release of previously granted restricted stock units.

Why were 80 Essex Property Trust (ESS) shares withheld from Burns Rylan?

The 80 common shares were withheld by Essex Property Trust to cover tax withholding requirements. This was connected to the release of restricted stock units that had been granted to Burns Rylan on February 8, 2024 as part of his equity compensation.

At what price were Burns Rylan’s withheld Essex (ESS) shares valued?

The 80 withheld Essex Property Trust common shares were valued at $258.06 per share. This price is used in the Form 4 to reflect the value of shares applied toward satisfying the executive’s tax withholding obligations when the restricted stock units were released.

How many Essex Property Trust (ESS) shares does Burns Rylan own after this transaction?

Following the tax withholding transaction, Burns Rylan beneficially owns 2,353 shares of Essex Property Trust common stock. The filing shows these shares as held with direct ownership, reflecting his post-transaction equity position in the company’s common stock.

What type of Form 4 transaction code was used in the Essex (ESS) filing?

The Essex Property Trust Form 4 lists transaction code “F”. Code F indicates shares were withheld by the issuer to pay tax obligations upon the vesting or release of equity awards, rather than an open-market purchase or sale by the insider.