Michael L. Manelis - 09 Feb 2026 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Role: Executive Vice President & COO
Signature: /s/ Samantha Thompson, Attorney-in-fact
Issuer symbol: EQR
Transactions as of: 09 Feb 2026
Net transactions value: -$375,474
Form type: 4
Filing time: 11 Feb 2026, 16:31:52 UTC
Previous filing: 21 Jan 2026
Next filing: 19 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Manelis Michael L	Executive Vice President & COO	TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO	/s/ Samantha Thompson, Attorney-in-fact	11 Feb 2026	0001691784

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQR	Common Shares Of Beneficial Interest	Award	$0	+12,010	+30%	$0.000000	51,896	09 Feb 2026	Direct	F1, F2
transaction	EQR	Common Shares Of Beneficial Interest	Sale	$375,474	-5,765	-11%	$65.13	46,131	10 Feb 2026	Direct	F2, F3
holding	EQR	Common Shares Of Beneficial Interest						1,326	09 Feb 2026	SERP Account	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EQR	Non-qualified Stock Option (Right to Buy)	Award	$0	+43,542		$0.000000	43,542	09 Feb 2026	Common Shares Of Beneficial Interest	43,542	$64.67	Direct	F5
transaction	EQR	Restricted Units	Award	$0	+6,416		$0.000000	6,416	09 Feb 2026	Common Shares Of Beneficial Interest	6,416		Direct	F6, F7, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted shares scheduled to vest on February 9, 2029.
F2	Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
F3	Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.
F4	Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan (the "SERP"), for the benefit of the reporting person.
F5	Represents share options scheduled to vest in three equal installments on February 9, 2027, February 9, 2028 and February 9, 2029.
F6	On February 9, 2026, the reporting person received a grant of Series 2026B restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership (the "OP"), the operating partnership of Equity Residential (the "Company"), in lieu of restricted shares of the Company as part of the Company's annual grant of long-term compensation.
F7	RUs are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the OP ("OP Units") when the capital account related to the RUs reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to the vesting requirements of the grant and certain other restrictions, OP Units are exchangeable by the holder for common shares of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The RUs reflected in this report also include any OP Units into which such RUs automatically convert.
F8	The Restricted Units are scheduled to vest on February 9, 2029.