Morrison Anne 4

What Happened
Anne Morrison, EVP, CAO & General Counsel of Essex Property Trust (ESS), had 81 shares of common stock withheld by the company on Feb 6, 2026 to satisfy tax withholding obligations tied to the release of previously granted restricted stock units (RSUs). The shares were valued at $258.06 each, totaling approximately $20,903. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-02-06. Filing date: 2026-02-10 (filed on the SEC deadline; timely).
• Transaction type/code: Tax withholding to satisfy tax liability on RSU release (code F).
• Shares withheld/disposed: 81 shares at $258.06 per share; total value ≈ $20,903.
• Shares owned after the transaction: Not specified in the provided filing details.
• Footnote: The withholding satisfies tax withholding requirements related to RSUs granted on February 8, 2024 (footnote F1).

Context

• This was a routine tax-withholding action tied to the vesting/release of RSUs, effectively a cashless way to cover taxes rather than an active sale signaling a view on the company. Such withholdings are common for executives receiving stock-based compensation and generally do not indicate a change in insider sentiment.