Nelson Jesse J. 4

What Happened

• Jesse J. Nelson, Executive Vice President (RMD) of Alexandria Real Estate Equities (ARE), reported disposals on Jan 23, 2026. He forfeited 1,759 restricted shares (no proceeds) and had 210 shares withheld by the issuer to satisfy tax obligations. The 210 shares were valued at $59.69 each, producing cash equal to $12,535.
• These were not open-market sales by choice but administrative actions tied to restricted stock vesting and forfeiture.

Key Details

• Transaction date: 2026-01-23.
• Dispositions: 1,759 shares to issuer at $0.00 (forfeiture); 210 shares withheld at $59.69 each for taxes (total $12,535).
• Transaction codes: D = disposition to issuer (forfeiture); F = tax withholding/tax payment via share surrender.
• Footnotes: F1 = forfeiture of part of a previously reported restricted stock award. F2 = shares withheld by the issuer to satisfy tax liability upon vesting.
• Shares owned after the transactions: not specified in the provided filing.
• Filing: Report filed on 2026-01-28; the Form 4 lists the transaction date as Jan 23 — check the official filing for any timeliness flag.

Context

• These actions are routine administrative transactions related to restricted stock (forfeiture and tax-withholding) rather than voluntary market sales or purchases. Such withholding does not necessarily indicate the insider’s view of the company’s prospects. Purchases usually carry more weight as signals of insider conviction.