ESS ESSEX PROPERTY TRUST, INC. Insider Trading

CFO Pak Barbara sold 6,318 shares (42.2% of holdings) at $314.79 via 10b5-1 plan

Pak Barbara, Executive Vice President & CFO of Essex Property Trust, Inc., executed a sale of 6,318 shares for $1,988,843.22 on 2025-03-03 at $314.79 per share, reducing her holdings from 14,972 to 8,654 shares. The transaction was conducted under a pre-arranged 10b5-1 trading plan, indicating it was scheduled rather than discretionary. The 42.2% reduction in her shareholding is material, though the pre-planned nature of the transaction limits inference about insider sentiment or market timing views.

Director Keith Guericke sold 7,298 shares of ESS at $315.00 (2025-03-03), reducing stake by 31.2% to 16,118 shares; stock now $308.22.

Director Keith Guericke executed a substantial open-market sale of 7,298 shares at $315.00 on 2025-03-03, representing a 31.2% reduction in his shareholding to 16,118 shares remaining. The sale occurred near the 52-week high of $315.15, with the stock currently trading at $308.22. Essex Property Trust's fundamentals remain solid with latest-quarter revenue of $450,698,000.00, net income of $125,487,000.00, annual growth of 6.3%, and a P/E of 20.64. Notably, his cross-ticker track record shows a 90-day well-timed rate of 0.00%, and his single prior sale at ESS in June 2024 posted a +13.0% 90-day return, indicating the stock rose after that sale—a pattern of less-favorable timing.

EVP Anne Morrison sold 2,571 shares of Essex Property Trust at $314.79 on 2025-03-03 for $809,325.09, reducing holdings by 43.1%.

Anne Morrison, EVP, CAO & General Counsel, executed a substantial sale of 2,571 shares at $314.79, reducing her direct holdings from 5,960 to 3,389 shares—a 43.1% reduction in a single transaction. The sale occurred near the company's 52-week high of $315.15, with the stock at $308.22 post-transaction. Morrison's cross-ticker track record shows 1 prior sell well-timed at the 90-day mark with an average 90-day return of -4.8%, and her sole prior ESS transaction (a September 2024 sale) similarly exhibited -4.8% 90-day performance. This current sale follows a pattern of her prior trading activity at this ticker, though the magnitude (43.1% portfolio reduction) represents a more substantial disposition than typical portfolio adjustments. Investors should monitor whether this signals a shift in her confidence in the company's near-term prospects or reflects personal capital reallocation, particularly given the timing near all-time highs.

ESS CEO Kleiman sold 5,329 shares for $1,678,633.71 across 2 separate sales, reducing holdings by 28.1%

Angela L. Kleiman, President and CEO of Essex Property Trust, Inc., executed 2 separate sales totaling 5,329 shares for $1,678,633.71 at blended average price of $315.00 on 2025-03-03 and 2025-03-04, reducing her post-transaction holdings to 13,662 shares from 18,991 shares. The sales occurred near the 52-week high of $315.15, with current price at $308.22. Her same-ticker history at ESS shows 2 of 3 prior sells resulted in negative 90-day returns (-5.6%, -5.8%, and +2.3%), indicating 66.7% well-timed rate at this specific ticker. The company's fundamentals remain solid with quarterly revenue of $450,698,000.00 and net income of $125,487,000.00, though the P/E of 20.64 and recent 30-day price appreciation of +8.4% provide context for the timing of this divestiture.

Director Johnson Amal M sold 7,298 shares of Essex Property Trust (ESS) at $316.31, reducing holdings by 73.8%

Johnson Amal M, a director of Essex Property Trust, executed a substantial sale of 7,298 shares at $316.31 on September 17, 2024, reducing his shareholdings from 9,883 shares to 2,585 shares—a 73.8% reduction in position size. The sale occurred at a price very close to the stock's 52-week high of $315.15, with the stock currently trading at $312.42. Notably, across his broader cross-ticker trade history, the insider's prior 3 sales had an average 90-day return of +14.0%, indicating the stock generally continued upward after his prior sales; his 90-day well-timed rate of 0.00% confirms this pattern of selling before subsequent gains. The transaction represents a material reduction in director-level exposure to the company despite Essex posting solid fundamentals—$442.4M in latest quarterly revenue and $99.0M in net income with 3.9% annual revenue growth—though the elevated P/E of 36.63 reflects market pricing expectations.

EVP/General Counsel Anne Morrison sold 2,571 shares (2.6K) of Essex Property Trust (ESS) at $314.79, reducing holdings 52.6% to 2,321 shares.

Anne Morrison, Executive Vice President, Chief Administrative Officer & General Counsel, sold 2,571 shares (2.6K shares) at $314.79 on 2024-09-16 for $809,325.09 ($809.3K), reducing her post-transaction holdings to 2,321 shares (2.3K shares). This represents a substantial 52.6% reduction in her stated holdings. The sale occurred near the stock's 52-week high of $315.15, with the current price at $312.24 and recent momentum of +9.4% over 30 days and +11.5% over 90 days. No disclosure flags or prior transaction history are provided to contextualize the motivation or pattern. Investors should note that a senior corporate counsel divested a majority of her holdings at elevated valuations while the company maintains a P/E of 36.60 on $442.4M quarterly revenue.

ESS CEO Kleiman sells 8,080 shares for $2.5M at $315.10 blended price; retains 9,494 shares post-trade.

Angela L. Kleiman, President and CEO, executed 2 separate sales totaling 8,080 shares for $2,545,981.95, reducing her holdings by 46.0% from 17,574 to 9,494 shares. The sales occurred at a blended average price of $315.10, near the 52-week high of $315.15 and well above the current price of $312.24. Kleiman's cross-ticker track record shows 1 prior sale with an average 30-day return of +2.3%, though same-ticker history (1 prior trade at ESS on 2024-06-21) also posted +2.3% in the 30-day window. Essex Property Trust trades at a P/E of 36.60 with recent quarterly revenue of $442,355,000.00 and net income of $98,986,000.00, alongside annual revenue growth of +3.9%.

CEO Kleiman sells 3,780 ESS shares at $278.27; holdings drop 28.5% to 9,494 shares

Kleiman Angela L., President and CEO, sold 3,780 shares of Essex Property Trust for $1,051,860.60 on 2024-06-21 at $278.27, reducing her direct equity stake by 28.5% from 13,274 shares to 9,494 shares. The sale occurred near the 52-week high ($284.59), with the stock currently trading at $275.62. This represents a material reduction in the CEO's proportional ownership—a shift worth noting given her executive role—though the magnitude and timing require context about vesting schedules, 10b5-1 trading plans, or other regulatory factors not provided in the core facts. Without information on whether this sale was discretionary or scheduled, the significance lies primarily in the observable fact that the company's chief executive has reduced her personal holdings by more than one-quarter in a single transaction.

Director Guericke sold 10,000 ESS shares at $274.57 for $2.7M, reducing stake by 38.3% to 16,118 shares

Keith R. Guericke, a director of Essex Property Trust, sold 10,000 shares at $274.57 on June 14, 2024, reducing his holding from 26,118 shares to 16,118 shares—a 38.3% reduction in his position. The sale occurred at a price below the current market price of $284.59 and near the 52-week high of $284.59, while the stock has appreciated 18.2% over the prior 90 days. This material reduction in directorial ownership warrants investor attention, as it represents a significant decrease in insider holding size rather than a small incremental adjustment. The company's P/E of 32.98 and strong fundamentals (net income of $285,140,000 on revenue of $426,928,000) do not provide explicit context for the motivation behind this substantial stake reduction.