Hakman Joseph 4
Research Summary
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Alexandria (ARE) COO Joseph Hakman Withholds 2,029 Shares for Taxes
What Happened Joseph Hakman, Chief Operating Officer of Alexandria Real Estate Equities (ARE), had 2,029 shares withheld by the issuer to satisfy a tax obligation related to the vesting of restricted stock. The withholding was recorded on 2026-03-13 at an effective price of $48.41 per share, a notional value of ~$98,224. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-13; reported on Form 4 filed 2026-03-17 (timely file).
- Shares withheld/disposed: 2,029 at $48.41 each; total value ~ $98,224.
- Transaction code: F (shares withheld to satisfy tax obligation).
- Footnote: F1 — shares were withheld by the issuer to satisfy a tax obligation realized upon vesting of restricted stock.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context This was a routine tax-withholding event tied to RSU vesting (a common cashless method where the company retains shares to cover taxes). Such withholdings are administrative and do not necessarily indicate insider buying or selling intent.