Essex Property Trust, Inc. Submits Form 144 Filing: What You Need to Know
In a recent SEC filing, Essex Property Trust, Inc. submitted a Form 144 indicating the intention to sell restricted securities. This filing is significant as it provides transparency to investors and the public about potential sales of these securities by company insiders, which can impact the stock price. Form 144 is typically filed by company affiliates or individuals who plan to sell their shares in the open market.
Essex Property Trust, Inc. is a real estate investment trust (REIT) that specializes in owning, operating, and developing multifamily residential properties in high-growth markets across the West Coast. With a portfolio of over 60,000 apartment units, Essex is known for its commitment to providing quality living spaces and exceptional customer service. For more information about Essex Property Trust, Inc., you can visit their official website [here](https://www.essex.com/).
Form 144 is a notice of proposed sale of securities filed with the SEC by individuals or entities who are affiliated with a particular company. It is required when the amount of securities to be sold exceeds 5,000 shares or $50,000 in any three-month period. This form helps ensure compliance with securities regulations and provides transparency regarding insider trading activities.
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Essex Property Trust, Inc. Files Form 144 with the SEC – News Alert