Foger Jenna R. 4

What Happened

Jenna R. Foger, EVP and Co-Lead — Life Science at Alexandria Real Estate Equities (ARE), reported a disposition related to restricted stock on 2026-01-23. The filing shows 1,120 shares were disposed to the issuer at $0.00 (a forfeiture) and an additional 75 shares were withheld by the issuer to satisfy a tax obligation at $59.69 per share (total value ≈ $4,477). These were not open-market sales — one entry is a forfeiture of previously awarded restricted stock and the other is tax withholding upon vesting.

Key Details

• Transaction date: 2026-01-23 (reported on Form 4 filed 2026-01-27)
• Disposition to issuer (code D): 1,120 shares @ $0.00 — represents forfeiture (Footnote F1).
• Tax withholding (code F): 75 shares @ $59.69 = $4,477 — shares withheld to cover taxes on vesting (Footnote F2).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Timeliness: Filed 2026-01-27 for a 2026-01-23 transaction. Form 4s are generally due within two business days; this filing appears later than that typical window.

Context

• Forfeitures (D at $0.00) generally reflect cancellation of a portion of a previously reported restricted stock award rather than a market sale, and withholding (F) is a routine issuer action to cover tax liabilities when restricted stock vests.
• These actions do not represent a buy signal; they are administrative adjustments to equity awards and tax obligations rather than discretionary open-market trades.