MARCUS JOEL S 4

What Happened

• Joel S. Marcus (listed on the filing as MARCUS JOEL S), Executive Chairman and Director of Alexandria Real Estate Equities, acquired a total of 25,000 common shares in two open-market purchases on February 12, 2026. He bought 17,300 shares at an average reported price of $53.74 (total ~$929,702) and 7,700 shares at $54.31 (total ~$418,187), for aggregate consideration of roughly $1,347,889. These are purchases (P), which are typically viewed as an insider adding to holdings rather than selling.

Key Details

• Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-13) — appears to be filed timely.
• Prices & amounts: 17,300 shares @ $53.74 ($929,702); 7,700 shares @ $54.31 ($418,187).
• Footnotes:
  • F1: The 17,300-share purchase was at prices ranging $53.49–$53.97; exact breakdown available on request.
  • F2: The 7,700-share purchase was at prices ranging $54.02–$54.65; exact breakdown available on request.
• Transaction code: P = Purchase (open market or private purchase).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• These were straightforward open-market purchases (not option exercises, gifts, or awards). Insider purchases can be of interest to retail investors as one data point about executive confidence, but they do not by themselves prove future performance. No 10b5-1 plan or other special instructions were noted in the provided details.