Pak Barbara 4

What Happened
Barbara Pak, Executive Vice President and Chief Financial Officer of Essex Property Trust (ESS), had 206 shares of common stock withheld to satisfy tax withholding obligations related to the release of restricted stock units. The withholding was recorded on Feb 18, 2026 at an implied price of $256.18 per share, totaling approximately $52,773. This was a tax-withholding disposition (routine), not an open-market sell.

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-20 (appears timely)
• Transaction type/code: F (shares withheld for taxes)
• Shares withheld/disposed: 206 @ $256.18 = $52,773 (approx.)
• Shares owned after transaction: not reported in this filing
• Footnote: Withholding satisfied tax requirements for RSUs granted on Feb 18, 2025

Context
This transaction reflects a cashless tax-withholding for vested restricted stock units, a common administrative action that does not necessarily indicate the insider's view of the company. Code F denotes shares withheld to cover tax obligations rather than an intentional sale into the market.