Key facts
- This page summarizes David Helfand'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.
David Helfand - 04 Mar 2025 Form 4 Insider Report for Equity Commonwealth
- Reporting relationship
- President & CEO, Director
- Issuer ticker
- N/A
- Reported as of
- 04 Mar 2025
- Net transaction value
- -$267,374
- SEC form
- 4
- Accepted by SEC
- 05 Mar 2025, 16:14:52 UTC
- Prior SEC filing
- 24 Feb 2025
- Next SEC filing
- 01 Jul 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Orrin S. Shifrin, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David Helfand filed Form 4 for Equity Commonwealth on 05 Mar 2025.
Change
- Previous filing in this sequence was filed on 24 Feb 2025.
- Current net transaction value: -$267,374.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- +41,283
- Change %
- +3.6%
- Price
- Shares after
- 1,187,316
- Date
- 04 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
EQC
transaction
Common Shares of Beneficial Interest
Award
- Transaction value
- Shares
- +219,448
- Change %
- +18%
- Price
- Shares after
- 1,406,764
- Date
- 04 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
EQC
transaction
Common Shares of Beneficial Interest
Tax liability
- Transaction value
- $267,374
- Shares
- -167,109
- Change %
- -12%
- Price
- $1.60
- Shares after
- 1,239,655
- Date
- 04 Mar 2025
- Ownership
- Direct
- Footnotes
- F2
EQC
holding
Common Shares of Beneficial Interest
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 290
- Date
- 04 Mar 2025
- Ownership
- See footnote
- Footnotes
- 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
- -41,283
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 04 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Shares of Beneficial Interest
- Underlying amount
- 41,283
- Exercise price
- Footnotes
- 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
Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs.
Footnote F3
These shares are held by EGI-CW Holdings, L.L.C. ("EGI-CW"). The Reporting Person is a member of EGI-Fund (14-16) Investors, L.L.C. ("EGI-Fund (14-16)"), which is a member of EGI-CW. The shares reported represent only the number of shares in which the Reporting Person has a pecuniary interest in accordance with his proportionate interest in EGI-Fund (14-16).
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.