Orrin S. Shifrin - 04 Mar 2025 Form 4 Insider Report for Equity Commonwealth

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Mar 2025, 16:14:39 UTC
Prior SEC filing
05 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Orrin S. Shifrin

Key filing fact

Orrin S. Shifrin filed Form 4 for Equity Commonwealth on 05 Mar 2025.

Key facts

  • This page summarizes Orrin S. Shifrin's Form 4 filing for Equity Commonwealth.
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Mar 2025, 16:14.

Change

  • Previous filing in this sequence was filed on 05 Feb 2025.
  • Current net transaction value: -$78,968.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EQC transaction

Common Shares of Beneficial Interest

Options Exercise

Transaction value
Shares
+13,345
Change %
+6.5%
Price
Shares after
218,248
Date
04 Mar 2025
Ownership
See footnote
Footnotes
F1, F2
EQC transaction

Common Shares of Beneficial Interest

Award

Transaction value
Shares
+63,490
Change %
+29%
Price
Shares after
281,738
Date
04 Mar 2025
Ownership
See footnote
Footnotes
F1, F2
EQC transaction

Common Shares of Beneficial Interest

Tax liability

Transaction value
$78,968
Shares
-49,355
Change %
-18%
Price
$1.60
Shares after
232,383
Date
04 Mar 2025
Ownership
See footnote
Footnotes
F2, F3

Reported derivative securities

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

EQC transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
Shares
-13,345
Change %
-100%
Price
Shares after
0
Date
04 Mar 2025
Ownership
See footnote
Underlying class
Common Shares of Beneficial Interest
Underlying amount
13,345
Exercise price
Footnotes
F2, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Reflects Common Shares of Beneficial Interest (each, a "Common Share") of Equity Commonwealth (the "Issuer") received by the Reporting Person in settlement of outstanding time-based or performance-based Restricted Share Units (each, an "RSU"), on a one for one basis, subject to the terms and conditions set forth in the Equity Commonwealth equity compensation plan (as amended, the "Equity Plan") and the applicable RSU agreement, due to the vesting of the RSUs as a result of the determination by the Issuer's Board of Trustees that a change in control event ("Change in Control") occurred under the terms of the Equity Plan upon the sale of the Issuer's last remaining property on February 25, 2025.

Footnote F2

These shares/units, as applicable, are held by the Orrin S. Shifrin Revocable Trust, of which the Reporting Person is the trustee and a beneficiary.

Footnote F3

Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs.

Footnote F4

Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Plan and the applicable RSU agreement for the Reporting Person.

Footnote F5

RSUs previously granted, and reported on the Form 4 dated February 5, 2025, vested as a result of the determination by the Issuer's Board of Trustees that a Change in Control has occurred.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .