Dean Gary D. 4

What Happened

• Gary D. Dean, Executive Vice President, Real Estate Legal Affairs at Alexandria Real Estate Equities (ARE), had 1,016 shares withheld by the issuer to satisfy tax obligations arising from the vesting of restricted stock. The shares were recorded at $48.41 each, for a total value of $49,185, on 2026-03-13. This is a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-13; Price per share: $48.41; Shares withheld/disposed: 1,016; Total value: $49,185.
• Filing date: 2026-03-17 (filed within the normal two-business-day Form 4 reporting window).
• Footnote: F1 — shares were withheld by the issuer to satisfy a tax obligation realized upon vesting of restricted stock.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was a routine tax-withholding action tied to RSU vesting (a cashless method to cover tax liabilities), which should not be interpreted as an explicit buy or sell signal by the insider. Such withholdings reduce the insider's outstanding share count but are common and administrative in nature.