Essex Property Trust (ESS) awards 633 restricted shares to director Johnson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Amal M reported acquisition or exercise transactions in this Form 4 filing.
ESSEX PROPERTY TRUST, INC. director Amal M. Johnson reported an equity award and updated holdings. Johnson received 633 shares of Common Stock in the form of restricted stock units, granted at $0.00 per share as a compensation-related award. These restricted stock units will be fully vested as of May 12, 2027 and will remain subject to transfer restrictions for one year following the grant date. After this award, Johnson directly holds 3,824 shares of Common Stock, and a separate entry shows 500 shares held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Johnson Amal M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 633 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,824 shares (Direct, null);
Common Stock — 500 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock unit grant: 633 shares
Grant price: $0.00 per share
Vesting date: May 12, 2027
+2 more
5 metrics
Restricted stock unit grant
633 shares
Common Stock award to director Amal M. Johnson
Grant price
$0.00 per share
Price for 633-share restricted stock unit award
Vesting date
May 12, 2027
Restricted stock units fully vested as of this date
Direct holdings after grant
3,824 shares
Common Stock directly owned after reported award
Indirect trust holdings
500 shares
Common Stock held indirectly by trust
Key Terms
restricted stock units, Grant, award, or other acquisition, indirect ownership, Common Stock
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "By Trust""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did ESS director Amal M. Johnson report in this Form 4?
Amal M. Johnson reported receiving 633 shares of Essex Property Trust Common Stock as a restricted stock unit award. The filing also updates her total direct and indirect shareholdings after the grant, reflecting current equity exposure as a director.
When do Amal M. Johnson’s ESS restricted stock units vest?
The 633 restricted stock units granted to Amal M. Johnson will be fully vested as of May 12, 2027. According to the filing, these units are also subject to restrictions on transfer for one year following the original grant date.
Is the ESS transaction by Amal M. Johnson a market buy or a compensation award?
The ESS transaction is a compensation-related award, not a market purchase. The filing describes it as a grant or award acquisition of 633 shares at $0.00 per share, structured as restricted stock units subject to future vesting and transfer restrictions.