Kasaris Mary 4

What Happened Mary Kasaris, a director of Essex Property Trust (ESS), was granted 633 restricted stock units (reported as an award/acquisition) on May 12, 2026. The Form 4 shows an acquisition price of $0 for the award; no cash value is listed in the filing. This is a compensation grant (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-05-12; filing date: 2026-05-14 (timely file).
• Transaction type: Award/Grant of 633 RSUs (code A), acquisition price $0.
• Vesting/transfer restrictions: Footnote indicates the RSUs will be fully vested as of May 12, 2027 and are subject to transfer restrictions for the one‑year period following the grant.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• No indication of a 10b5‑1 plan, tax withholding sale, or late filing in this record.

Context This is a routine director compensation award (RSUs) rather than a purchase or sale that directly signals trading intent. RSUs typically convert to shares upon vesting (here, in one year) and may be subject to tax withholding or transfer restrictions at that time.