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Essex Property Trust (ESS) CEO has 473 shares withheld for tax obligations

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

Rhea-AI Filing Summary

Essex Property Trust President and CEO Angela L. Kleiman reported a share withholding related to equity compensation. On February 6, 2026, the company withheld 473 shares of common stock at $258.06 per share to satisfy tax withholding on previously granted restricted stock units. After this transaction, Kleiman beneficially owned 22,453 shares of Essex Property Trust common stock in direct form.

Positive

  • None.

Negative

  • None.
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*
Kleiman Angela L.

(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)
President and CEO
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 473(1) D $258.06 22,453 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 ESS President and CEO Angela Kleiman report?

Angela L. Kleiman reported a tax-related share withholding. On February 6, 2026, Essex Property Trust withheld 473 common shares to cover tax obligations tied to restricted stock units granted on February 8, 2024, rather than an open-market discretionary sale.

How many ESS shares were withheld for Angela Kleiman’s taxes and at what price?

The company withheld 473 shares of Essex Property Trust common stock at $258.06 per share. This withholding satisfied tax requirements arising from the release of restricted stock units originally granted to Angela L. Kleiman on February 8, 2024, under her compensation program.

Does the ESS Form 4 show an open-market sale by Angela Kleiman?

The Form 4 does not show an open-market sale. It reports 473 shares withheld by Essex Property Trust to satisfy tax withholding obligations upon the release of previously granted restricted stock units, which is a common administrative transaction for equity compensation.

How many ESS shares does Angela Kleiman own after the reported transaction?

After the tax withholding transaction, Angela L. Kleiman beneficially owned 22,453 shares of Essex Property Trust common stock. The filing indicates these shares are held directly, reflecting her remaining stake following the 473-share withholding for tax purposes.

What was the reason for the ESS share withholding on February 6, 2026?

The withholding covered tax obligations from equity vesting. Essex Property Trust retained 473 common shares to satisfy tax withholding requirements when restricted stock units granted to Angela L. Kleiman on February 8, 2024, were released, instead of requiring a separate cash payment.
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REIT - Residential
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United States
SAN MATEO