Carraway Catherine 4

What Happened

• Catherine Carraway, EVP & Chief Human Resources Officer of Equity Residential (EQR), reported the sale of 749 shares on 2026-02-18. The shares were sold at $63.56 each for proceeds of $47,606. This was a sale (not a purchase) and, per the filing footnote, represents shares sold to satisfy tax obligations arising from the vesting of restricted shares.

Key Details

• Transaction date and price: 2026-02-18, 749 shares sold at $63.56 per share.
• Total proceeds: $47,606.
• Shares owned after transaction: the filing summary provided does not list an exact post-transaction total; footnotes indicate the reporting totals include restricted shares scheduled to vest and shares held in a SERP trust (see notes below).
• Notable footnotes:
  • F1: Sale was to pay tax liability from vesting of restricted shares (tax withholding).
  • F2: Direct totals reported include restricted shares scheduled to vest in the future.
  • F3: Includes shares owned by Principal Trust Company as Trustee of the Equity Residential Supplemental Executive Retirement Plan (SERP), and restricted shares deferred to the SERP upon vesting.
• Filing timeliness: Report was filed on 2026-02-19 for a 2026-02-18 transaction — appears timely.

Context

• Sales to cover tax withholding on vested restricted stock are a common, routine form of insider selling and do not necessarily reflect a change in the insider’s view of the company. This transaction was a disposition to satisfy tax obligations rather than a discretionary market sell for liquidity or trading.