MALKIN ANTHONY E 4

4 · Empire State Realty Trust, Inc. · Filed Feb 5, 2026

AI-generated summary of this filing

Updated Feb 5, 2026

ESRT CEO Anthony Malkin Receives 499,603 LTIP Award

What Happened

Anthony E. Malkin, Chairman, CEO and a director of Empire State Realty Trust, Inc. (ESRT), was granted 499,603 long‑term incentive plan units ("LTIP Units") on 2026-02-03. The award is reported at $0.00 (an equity award/derivative, transaction code A).
These LTIP Units can convert, upon vesting and subject to tax allocation conditions, into Operating Partnership Units and are redeemable one‑for‑one for ESRT Class A common shares (or for cash at the issuer’s option). The conversion/redemption rights have no expiration.

Key Details

Transaction date and type: 2026-02-03 — Grant/Award of 499,603 LTIP Units @ $0.00 (derivative award).
Vesting: These LTIP Units were earned based on ESRT’s performance over the three‑year period ending 12/31/2025; 50% vested as of 01/01/2026 and the remaining 50% vests on 12/31/2026 subject to continued employment (per filing footnotes).
Shares owned after transaction: Not disclosed in the provided filing extract.
Filing: Reported on Form 4 with period of report 2026-02-03 and filed 2026-02-05. No late filing flag indicated in the summary provided.
Footnote highlights: LTIP Units are a derivative class of Operating Partnership equity granted under ESRT’s 2019 Equity Incentive Plan; conversion to partnership units and redemption into shares is possible once vested.

Context

This was an equity compensation award tied to multi‑year performance, not an open‑market buy or sale. Such awards reflect compensation and incentive alignment rather than immediate insider buying or selling pressure. The award’s economic value will depend on future vesting, potential conversion, and ESRT’s stock price at redemption.

Form 4

Period: 2026-02-03

DirectorChairman and CEO

Transactions

Award
LTIP Units
[F1][F2]
2026-02-03+499,603→ 6,360,574 total
→ Class A Common Stock (499,603 underlying)

Footnotes (2)

[F1]These represent long term incentive plan units ("LTIP Units"), a class of units of Empire State Realty OP, L.P. (the "Operating Partnership"). Conditioned upon sufficient allocations to the capital accounts of the LTIP Units for federal income tax purposes, LTIP Units are convertible by the reporting person, upon vesting, into an equivalent number of units of limited partnership interests ("Operating Partnership Units") of the Operating Partnership, which are redeemable by the holder for shares of Class A Common Stock of Empire State Realty Trust, Inc. (the "Issuer") on a one-for-one basis or the cash value of such shares, at the Issuer's option. The rights to convert LTIP units into Operating Partnership Units and redeem Operating Partnership Units do not have expiration dates. These LTIP Units were granted under the Empire State Realty Trust, Inc. Empire State Realty OP, L.P. 2019 Equity Incentive Plan.
[F2]These LTIP Units were earned on the achievement of certain performance criteria based on the Issuer's operational performance and total shareholder return measured in industry-relative terms during a three-year performance period which ended on December 31, 2025. 50% of such earned LTIP Units fully vested as of January 1, 2026, and the remaining 50% of such earned LTIP Units will vest on December 31, 2026 subject to continued employment.

Signature

/s/ Heather L. Houston, Attorney-in-Fact|2026-02-05

1 file