ESS (ESS) CEO Angela Kleiman logs tax-withholding stock disposition in Form 4
Rhea-AI Filing Summary
ESSEX PROPERTY TRUST, INC. President and CEO Angela L. Kleiman reported a tax-related share disposition. On February 18, 2026, 481 shares of common stock were withheld by the company at $256.18 per share to satisfy tax withholding tied to the release of previously granted restricted stock units, leaving her with 21,972 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 481 shares
Net Sell
1 txn
Insider
Kleiman Angela L.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 481 | $256.18 | $123K |
Holdings After Transaction:
Common Stock — 21,972 shares (Direct)
Footnotes (1)
- F1. 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 18, 2025.
FAQ
What did ESS President and CEO Angela Kleiman report on this Form 4?
Angela Kleiman reported a tax-withholding disposition of 481 ESS common shares. The company withheld these shares to cover tax obligations triggered by the release of restricted stock units granted on February 18, 2025, rather than through an open-market sale.
Was Angela Kleiman’s ESS Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Essex Property Trust to satisfy tax liabilities when restricted stock units vested, a common administrative mechanism for equity compensation.
What does transaction code “F” mean in Angela Kleiman’s ESS Form 4?
Transaction code “F” denotes payment of a tax liability or exercise price by delivering securities. In this ESS filing, it indicates the company withheld 481 shares to cover taxes due upon the vesting of restricted stock units granted on February 18, 2025.
What equity award triggered the ESS tax-withholding disposition for Angela Kleiman?
The tax-withholding disposition is linked to restricted stock units granted on February 18, 2025. When these units were released, Essex Property Trust withheld 481 shares of common stock to meet associated tax withholding requirements, as disclosed in the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.