4//SEC Filing
Manelis Michael L 4
Accession 0000906107-26-000004
CIK 0000906107other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:24 PM ET
Size
9.3 KB
Accession
0000906107-26-000004
Research Summary
AI-generated summary of this filing
Equity Residential EVP/COO Michael L. Manelis Receives Award
What Happened
- Michael L. Manelis, Executive Vice President & COO of Equity Residential (EQR), was granted awards on January 16, 2026: 13,105 restricted shares and 13,642 restricted partnership units (RUs). Both were recorded at $0.00 (award/grant), totaling 26,747 shares/units granted. These awards are compensation grants (not open-market purchases or sales).
Key Details
- Transaction date: 2026-01-16; reported on Form 4 filed 2026-01-21.
- Price: $0.00 per share/unit (grant/award).
- Shares/units granted: 13,105 restricted common shares; 13,642 restricted RUs; total 26,747.
- Vesting: Restricted shares and RUs are scheduled to vest on February 9, 2026 (see footnotes).
- RUs: Restricted limited partnership interests that can convert into OP Units and, subject to conditions, be exchanged for common shares or cash (per footnotes).
- Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 for totals.
- Filing timeliness: Form 4 filed Jan 21 for a Jan 16 transaction — later than the typical 2-business-day reporting window, indicating a late filing.
Context
- These awards are standard long-term incentive compensation under the company's 2023 LTIP and are not an open-market purchase or sale. RUs carry additional conversion and tax-target mechanics (they may convert to OP Units and ultimately to common shares or cash, subject to vesting and other conditions). Awards like this generally reflect compensation arrangements rather than immediate insider buying/selling sentiment.
Insider Transaction Report
Form 4
Manelis Michael L
Executive Vice President & COO
Transactions
- Award
Common Shares Of Beneficial Interest
[F1][F2]2026-01-16+13,105→ 39,886 total - Award
Restricted Units
[F4][F5][F6]2026-01-16+13,642→ 13,642 totalExp: 2033-01-01→ Common Shares Of Beneficial Interest (13,642 underlying)
Holdings
- 1,326(indirect: SERP Account)
Common Shares Of Beneficial Interest
[F3]
Footnotes (6)
- [F1]Represents restricted shares of Equity Residential (the "Company") issued in connection with the settlement of an award under the Company's 2023 Long-Term Incentive Plan which are scheduled to vest on February 9, 2026.
- [F2]Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
- [F3]Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan (the "SERP"), for the benefit of the reporting person.
- [F4]Represents restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership (the "Operating Partnership"), the operating partnership of Equity Residential (the "Company"), retained in connection with the settlement of an award under the Company's 2023 Long-Term Incentive Plan.
- [F5]RUs are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the Operating Partnership ("OP Units") when the capital account related to the RUs reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to the vesting requirements of the grant and certain other conditions, OP Units are exchangeable by the holder for common shares of the Company on a one-for-one basis or cash value of such shares, at the Company's option. The RUs reflected in this report also include any OP Units into which such RUs automatically convert.
- [F6]The RUs are scheduled to vest on February 9, 2026.
Signature
/s/ Samantha Thompson, Attorney-in-fact|2026-01-21
Documents
Issuer
EQUITY RESIDENTIAL
CIK 0000906107
Entity typeother
Related Parties
1- filerCIK 0001691784
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:24 PM ET
- Size
- 9.3 KB