Parrell Mark J. 4
4 · EQUITY RESIDENTIAL · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Equity Residential CEO Mark J. Parrell Receives Stock Award
What Happened Mark J. Parrell, President, CEO and a director of Equity Residential (EQR), was granted awards on February 9, 2026 totaling 164,259 shares. The filing shows two awards: 19,909 restricted shares (acquired at $0.00) and 144,350 derivative awards (acquired at $0.00). These were reported on an SEC Form 4 (transaction code A = award/grant).
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (timely filing).
- Awards: 19,909 restricted shares (price $0.00) and 144,350 derivative awards (price $0.00); total 164,259 shares granted.
- Vesting/terms (from footnotes): the 19,909 restricted shares are scheduled to vest on Feb 9, 2029 (F1). The 144,350 derivative awards include share options scheduled to vest in ~three equal installments on Feb 9, 2027, 2028 and 2029 (F5).
- Other holdings noted in the filing include shares acquired via the company 401(k) plan (through Jan 16, 2026) and shares held in the company SERP trust for Parrell’s benefit (F3, F4). The filing does not state a post-transaction total share count explicitly (F2 notes direct totals include restricted shares).
- Transaction type: Award/grant (A). No open-market purchase or sale was reported.
Context These entries are grants—compensation awards and option grants—rather than purchases or sales, so they represent compensation/retention incentives rather than an immediate indication of buying or selling sentiment. The restricted shares and options vest over multiple years, meaning the economic benefit is tied to future service/vesting dates.
Insider Transaction Report
- Award
Common Shares Of Beneficial Interest
[F1][F2]2026-02-09+19,909→ 41,889 total - Award
Non-qualified Stock Option (Right to Buy)
[F5]2026-02-09+144,350→ 144,350 totalExercise: $64.67Exp: 2036-02-09→ Common Shares Of Beneficial Interest (144,350 underlying)
- 1,340(indirect: By 401(k))
Common Shares Of Beneficial Interest
[F3] - 4,112(indirect: SERP Account)
Common Shares Of Beneficial Interest
[F4]
Footnotes (5)
- [F1]Represents restricted shares scheduled to vest on February 9, 2029.
- [F2]Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
- [F3]Represents shares acquired through profit sharing contributions and dividend reinvestment activity in the reporting person's account with the Equity Residential Advantage 401(k) Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through January 16, 2026.
- [F4]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.
- [F5]Represents share options scheduled to vest in approximately three equal installments on February 9, 2027, February 9, 2028 and February 9, 2029.