Lee Orraparn C. 4

What Happened
Lee Orraparn, Executive Vice President — Accounting at Alexandria Real Estate Equities, Inc. (ARE), was granted 21,543 shares on 2026-03-31. The Form 4 reports the acquisition as an award (transaction code A) at an acquisition price of $0.00, indicating a company-issued grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; filing date: 2026-04-02 (Form 4 accession 0001919167-26-000009).
• Shares granted: 21,543; reported acquisition price: $0.00 (total reported cash value $0 in filing).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes/plan details: none provided in the excerpt (no 10b5-1, tax-withholding, or gift notation shown).
• Timeliness: Filing date follows the transaction date; no late filing flag indicated in the provided data.

Context
An award at $0 typically reflects compensation (for example, restricted stock units or a stock grant) rather than a market purchase. Such grants are common for executive compensation and do not by themselves indicate buying/selling sentiment. Retail investors should view this as a compensation-related issuance unless additional plan or sale information is disclosed later.