Barry Altshuler - 05 Feb 2025 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Feb 2025, 16:16:01 UTC
Prior SEC filing
01 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Samantha Thompson, Attorney-in-fact

Key filing fact

Barry Altshuler filed Form 4 for EQUITY RESIDENTIAL (EQR) on 07 Feb 2025.

Key facts

  • This page summarizes Barry Altshuler's Form 4 filing for EQUITY RESIDENTIAL (EQR).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 Feb 2025, 16:16.

Change

  • Previous filing in this sequence was filed on 01 Mar 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EQR transaction Derivative

Restricted Units

Award

Transaction value
$0
Shares
+3,967
Change %
Price
$0.000000
Shares after
3,967
Date
05 Feb 2025
Ownership
Direct
Underlying class
Common Shares Of Beneficial Interest
Underlying amount
3,967
Exercise price
Footnotes
F1, F2, F3
EQR transaction Derivative

Restricted Units

Award

Transaction value
$0
Shares
+3,967
Change %
Price
$0.000000
Shares after
3,967
Date
05 Feb 2025
Ownership
Direct
Underlying class
Common Shares Of Beneficial Interest
Underlying amount
3,967
Exercise price
Footnotes
F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

On February 5, 2025, the reporting person received a grant of Series 2025B 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.

Footnote F2

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.

Footnote F3

The Restricted Units are scheduled to vest on February 5, 2028.

Footnote F4

On February 5, 2025, the reporting person received a grant of Series 2025C restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership (the "OP"), the operating partnership of Equity Residential (the "Company"), as an alternative to cash in connection with all or a portion of their performance bonus.

Footnote F5

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 certain 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.

Footnote F6

The Restricted Units vested on February 5, 2025, the date of the grant and remain subject to a two year hold requirement.

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