Carraway Catherine 4

What Happened Catherine Carraway, Executive Vice President & Chief Human Resources Officer of Equity Residential (EQR), was granted 2,977 restricted shares on 2026-01-16 as an award under the company's 2023 Long-Term Incentive Plan. The shares were issued at $0.00 (no cash purchase) and are scheduled to vest on February 9, 2026. This is an award/grant transaction rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-16; filing date (Form 4): 2026-01-21.
• Shares granted: 2,977 restricted shares; acquisition price reported as $0.00.
• Vesting: These restricted shares are scheduled to vest on February 9, 2026 (Footnote F1).
• Post-transaction holdings: The filing notes these restricted shares are included in the reporting person’s direct holdings (Footnote F2). Additional shares are held by Principal Trust Company as trustee of the Equity Residential Supplemental Executive Retirement Plan (SERP) for her benefit (Footnote F3).
• Transaction type: Award/Grant (code A); not a sale or market purchase.

Context Restricted-share awards are compensation granted by the company and typically vest over time; they do not represent an immediate open-market purchase or sale and therefore shouldn’t be read as a direct buy/sell market signal. The shares remain subject to vesting conditions until February 9, 2026.