McLeod Bret 4

What Happened
Bret McLeod, Chief Financial Officer of Equity Residential (EQR), was granted 6,840 restricted shares on February 9, 2026. The Form 4 reports an acquisition (code A) at $0.00 per share (aggregate $0). The award appears to be a compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11.
• Transaction type/code: Award / Acquisition (A).
• Shares acquired: 6,840 restricted shares; Price: $0.00; Aggregate value reported: $0.
• Vesting: These restricted shares are scheduled to vest on February 9, 2029 (footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 notes the shares vest 2/9/2029; F2 indicates the director/direct total includes restricted shares scheduled to vest in the future.
• Filing timeliness: No late filing indicated; Form 4 was filed within the typical two-business-day window.

Context
Restricted-share awards are common executive compensation and typically vest over time; they are not an immediate market purchase or sale and may be forfeitable until vested. Because this is an award (not a sale), it does not directly signal insider selling pressure—rather it reflects company compensation practices.