Foger Jenna R. 4
Research Summary
AI-generated summary
ALEXANDRIA REAL ESTATE (ARE) EVP Jenna Foger Withholds 688 Shares for Taxes
What Happened Jenna R. Foger, Executive Vice President & Co‑Lead, Life Science at Alexandria Real Estate Equities, had 688 shares withheld by the issuer on 2026-03-13 to satisfy a tax obligation related to the vesting of restricted stock. The withholding covered 688 shares at $48.41 per share, a value of approximately $33,306. This was a tax-withholding disposition (not an open-market sale or a purchase).
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within the normal Form 4 reporting window).
- Shares withheld/disposed: 688 at $48.41; total value ≈ $33,306.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Shares were withheld by the issuer to satisfy tax withholding on vested restricted stock (cashless tax withholding).
- Transaction type: F (tax withholding) — routine administrative disposition.
Context This was a routine tax-withholding event tied to RSU vesting, not a voluntary market sale or buy that signals insider sentiment. Withholding is common practice to cover required taxes and should be interpreted differently from deliberate open-market sales or purchases.