GUERICKE KEITH R

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.

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.