HABEN MARY KAY 4
Research Summary
AI-generated summary
Equity Residential (EQR) Director Mary Kay Haben Receives Award
What Happened
- Mary Kay Haben, a director of Equity Residential (EQR), received a grant of 3,276 restricted common shares on June 18, 2026. The reported acquisition price is $0.00, reflecting a compensation award rather than a purchase. These restricted shares are scheduled to vest on June 18, 2027 (see footnote F1).
Key Details
- Transaction date: 2026-06-18; Filing date: 2026-06-23.
- Shares granted: 3,276 restricted shares; price reported: $0.00; immediate cash value not reported.
- Shares owned after transaction: the filing indicates the director’s direct total includes these restricted shares (see footnote F2); the filing also notes shares held for the reporting person by Principal Trust Company as Trustee of the SERP (footnote F3).
- Notable footnotes:
- F1: Awards represent restricted shares granted for prospective service and vest on 2027-06-18.
- F2: Direct total includes restricted shares scheduled to vest in the future.
- F3: Some shares are held by Principal Trust Company as trustee of the Equity Residential Supplemental Executive Retirement Plan (SERP) for the reporting person’s benefit.
- Filing timeliness: The Form 4 was filed five days after the transaction; Form 4s are typically due within two business days, so this appears later than the standard window.
Context
- This was a compensation grant (award of restricted stock), not an open-market purchase or sale. Restricted shares vest in the future and generally cannot be traded until they vest; such grants are routine director compensation and do not by themselves signal trading intent.