Moglia Peter M 4

What Happened Peter M. Moglia, CEO of Alexandria Real Estate Equities (ARE), reported disposals of restricted shares tied to awards and tax-withholding. The filing shows 24,006 shares forfeited on 2026-01-22 (Disposition to issuer, $0 value), and on 2026-01-23 a total of 12,373 shares were turned back to the issuer: 11,171 shares disposed at $0 and 1,202 shares withheld at $59.69 each to satisfy tax obligations (tax-withheld value reported as $71,747). These are administrative dispositions related to restricted stock (not open-market sales).

Key Details

• Transaction dates and amounts:
  • 2026-01-22: Disposition to issuer — 24,006 shares @ $0.00 (forfeiture) (Footnote F1).
  • 2026-01-23: Disposition to issuer — 11,171 shares @ $0.00 (Footnote F1/F2 context).
  • 2026-01-23: Shares withheld to cover tax liability — 1,202 shares @ $59.69 = $71,747 (Footnote F2).
• Shares disposed in total (per filing excerpt): 36,379 shares; cash value reported only for tax-withheld portion ($71,747).
• Shares owned after the transactions: Not specified in the provided excerpt of the Form 4 — see the full filing for post-transaction holdings.
• Footnotes: F1 = forfeiture of previously reported restricted stock; F2 = shares withheld by issuer to satisfy tax obligations on vesting.
• Filing timeliness: Form filed 2026-01-26 for transactions on 2026-01-22 and 2026-01-23; appears to be timely (no late filing flag).

Context

• These entries reflect forfeiture and tax-withholding tied to restricted stock vesting, not open-market sales. Withheld-for-tax shares (a common administrative practice) are typically used to cover employee tax liabilities and do not necessarily indicate a change in the insider’s market view.
• Transaction codes: D = disposition to issuer; F = shares withheld for tax/payment of exercise price or tax liability.