Morrison Anne 4

What Happened Anne Morrison, EVP, CAO and General Counsel of Essex Property Trust (ESS), had 89 shares of common stock withheld by the company on Feb 18, 2026 to satisfy tax withholding related to the release of restricted stock units (RSUs). The withheld shares were recorded at $256.18 per share, totaling approximately $22,800. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-18; Filing date: 2026-02-20 (filed within the typical two-business-day Form 4 window).
• Shares withheld/disposed: 89 shares at $256.18 per share; total value ≈ $22,800.
• Transaction code: F (shares withheld to satisfy tax withholding).
• Footnote: Withholding relates to RSUs granted on February 18, 2025 (per footnote F1).
• Shares owned after the transaction: not reported in the provided filing.

Context This was a routine company tax-withholding action upon RSU vesting (a "sell-to-cover" via withholding), not an active sale in the open market. Such withholdings are common and generally reflect tax requirements rather than an insider expressing a view on the stock.