MARCUS GEORGE M 4
4 · ESSEX PROPERTY TRUST, INC. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
ESSEX (ESS) Director Marcus George M Receives Award
What Happened
Marcus George M (Director) received an award of 1,117 restricted stock units (RSUs) on May 12, 2026. The filing reports an acquisition price of $0 and a total reported value of $0, reflecting that this was a compensatory grant rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-12 (filed on 2026-05-14)
- Transaction type/code: Award/Grant (A)
- Shares granted: 1,117 RSUs; reported price: $0; reported total: $0
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnote: RSUs will be fully vested as of May 12, 2027 and are subject to transfer restrictions for one year following the grant date (Footnote F1)
- Filing timeliness: Filed two days after the transaction date (appears timely under Form 4 reporting rules)
Context
This is a compensatory equity award, not an open-market purchase or sale. RSU grants are common director/executive compensation and do not necessarily indicate immediate insider buying or selling intent. These units vest in one year and then remain restricted from transfer for another year per the footnote, so the recipient cannot freely sell them immediately upon grant.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-12+1,117→ 223,042 total
- 155,000(indirect: By Marcus & Millichap Inc. and affiliates)
Common Stock
- 4,000(indirect: By family)
Common Stock
Footnotes (1)
- [F1]Represents restricted stock units that will be fully vested as of May 12, 2027 and are subject to restrictions on transfer for the one-year period following the date of grant.