GUERICKE KEITH R 4

What Happened Keith R. Guericke, a director of Essex Property Trust, received an award of 633 restricted stock units (RSUs) on May 12, 2026. The Form 4 reports the acquisition price as $0.00 (transaction code A for award), with a reported dollar amount of $0 on the filing.

Key Details

• Transaction date: May 12, 2026; Form filed May 14, 2026 (timely).
• Security and amount: 633 RSUs; acquisition price reported as $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: These RSUs will be fully vested as of May 12, 2027 and are subject to transfer restrictions for one year after grant.
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context This was an equity award (compensation), not a market purchase or sale. RSUs typically convert to common shares upon vesting; until then they are restricted and not freely tradeable. Such awards are routine for executives and directors and do not by themselves indicate a buying or selling signal.