Parrell Mark J. 4

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.