Essex Property Trust (ESS) director receives 633-share restricted stock grant

Rhea-AI Filing Summary

Kasaris Mary reported acquisition or exercise transactions in this Form 4 filing.

ESSEX PROPERTY TRUST, INC. director Mary Kasaris reported a stock-based compensation award rather than an open-market trade. She received a grant of 633 shares of common stock at $0.00 per share as restricted stock units, which are scheduled to be fully vested as of May 12, 2027 and then subject to transfer restrictions for one year after the grant date.

Following this grant, she holds 2,994 shares of common stock directly and 450 shares indirectly through a trust. This filing reflects routine director equity compensation intended to align her interests with other shareholders, not a discretionary purchase or sale on the market.

Insights

Equity Compensation Analyst

Routine director equity grant with modest size and no market trade.

Director Mary Kasaris received 633 restricted stock units of ESSEX PROPERTY TRUST common stock at $0.00 per share, classified as a grant or award. This is standard, non-cash compensation rather than an open-market stock purchase.

The units vest fully on May 12, 2027 and then face a one-year transfer restriction, encouraging longer-term alignment with shareholders. After the grant, she holds 2,994 shares directly and 450 indirectly via a trust, so the new award is incremental and appears routine in scale.

Insider Trade Summary

Net Buyer: 633 shares

Net Buy 2 txns

Insider Kasaris Mary

Role Director

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

Holdings After Transaction: Common Stock — 2,994 shares (Direct); Common Stock — 450 shares (Indirect, By Trust)

Footnotes (1)

1. F1. 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.

Key Figures

Restricted stock units granted: 633 shares Grant price per share: $0.00 per share Direct holdings after grant: 2,994 shares +3 more

6 metrics

Restricted stock units granted 633 shares Grant to director Mary Kasaris on May 12, 2026

Grant price per share $0.00 per share Equity award, non-cash compensation

Direct holdings after grant 2,994 shares Common stock directly owned after transaction

Indirect holdings by trust 450 shares Common stock held indirectly through a trust

Vesting date for RSUs May 12, 2027 Full vesting of 633 restricted stock units

Transfer restriction period 1 year Restrictions on transfer following grant date

Key Terms

restricted stock units, indirect ownership, Grant, award, or other acquisition, By Trust

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.

indirect ownership financial

"total_shares_following_transaction: "450.0000", direct_or_indirect: "I""

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

By Trust financial

"nature_of_ownership: "By Trust""

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/14/2026 - 04:13 PM Learn about SEC filing dates

FAQ

What did ESS director Mary Kasaris report in this Form 4 filing?

Mary Kasaris reported receiving a grant of 633 shares of Essex Property Trust common stock as restricted stock units. The award is compensation-related, carries no purchase price, and increases her direct holdings to 2,994 shares, separate from 450 shares held indirectly through a trust.

Is the ESS Form 4 for Mary Kasaris a stock buy or sell transaction?

The filing does not show a buy or sell; it reports an equity award. Kasaris received 633 restricted stock units at no cost, a compensation grant rather than an open-market trade, so it does not reflect a discretionary purchase or sale decision.

When do Mary Kasaris’s ESS restricted stock units vest and become transferable?

The 633 restricted stock units will be fully vested as of May 12, 2027. According to the footnote, they are also subject to transfer restrictions for one year following the grant date, delaying when they can be freely transferred even after vesting.

How many ESS shares does Mary Kasaris hold after this reported grant?

After the grant, Kasaris holds 2,994 Essex Property Trust common shares directly. She also has 450 shares reported as indirectly owned by a trust, giving a combined reported position of 3,444 shares across direct and indirect holdings in this filing.

What does the indirect ESS ownership "By Trust" mean in this filing?

The filing shows 450 common shares held indirectly with ownership described as “By Trust.” This indicates those shares are owned through a trust rather than directly in Kasaris’s name, providing separate indirect exposure alongside her 2,994 directly held shares.

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^*

Kasaris Mary

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/12/2026		A		633(1)	A	$0	2,994	D
Common Stock								450	I	By Trust

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 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.

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)