Dean Gary D. 4

What Happened
Gary D. Dean, Executive Vice President, Real Estate Legal Affairs at Alexandria Real Estate Equities (ARE), recorded internal dispositions on Jan 23, 2026. He forfeited 1,759 restricted shares (disposed to the issuer at $0) and had 149 shares withheld by the issuer to satisfy tax withholding on vested restricted stock, valued at about $8,894 (149 × $59.69). These were not open-market sales but adjustments related to restricted stock vesting/forfeiture.

Key Details

• Transaction dates: 2026-01-23; filing date (Form 4): 2026-01-27 (filed timely).
• Disposition to issuer (code D): 1,759 shares @ $0.00 (forfeiture) — $0 proceeds.
• Tax withholding (code F): 149 shares @ $59.69 — proceeds/withheld value ≈ $8,894.
• Footnotes: F1 = forfeiture of part of a previously reported restricted stock award; F2 = shares withheld by issuer to satisfy tax obligation on vesting.
• Shares owned after the transactions: not disclosed in the provided filing excerpt.

Context
These transactions reflect standard post-vesting mechanics (forfeiture and tax withholding) rather than a market sale or a purchase signal. For retail investors, such issuer-withheld share actions are routine administrative events and do not necessarily indicate insider sentiment about the stock.