Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-11

Equity Residential (EQR)

CEO Mark Parrell was paid $12,759,187 in fiscal year 2025, ↑ up 12.3% from fiscal year 2024, the 50th percentile of its disclosed peer group (SEC filing 0001193125-26-155007 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$12,759,187 ↑
Mark Parrell total, FY2025
50th
CEO pay percentile vs peers
165:1
CEO-to-median pay ratio
—
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EQR's next annual pay disclosure, estimated April 14, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Mark Parrell$900,000$0$8,023,668$1,498,741$2,317,613$0$19,165$12,759,187
President & Chief Executive Officer
Michael Manelis675,00003,434,08601,165,084022,6565,296,826
Executive Vice President & Chief Operating Officer
Robert Garechana625,00002,640,380359,2991,102,219021,4864,748,384
Executive Vice President & Chief Investment Officer
Alexander Brackenridge625,00002,883,38701,149,094011,9474,669,428
Executive Vice President - Investments
Scott Fenster550,00001,542,2660759,462018,9352,870,663
Executive Vice President & General Counsel
Bret McLeod245,61601,249,9440825,48102,8222,323,863
Executive Vice President & Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Mark Parrell$12,759,187$11,359,954$11,361,059↑ +1,399,233
Michael Manelis5,296,8264,792,7324,570,246↑ +504,094
Robert Garechana4,748,3844,194,2094,130,355↑ +554,175
Alexander Brackenridge4,669,4284,164,9914,057,618↑ +504,437
Scott Fenster2,870,6632,641,3322,601,332↑ +229,331
Bret McLeod2,323,863———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$12,759,187 Mark Parrell total, FY2025

$199

The free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.

Data as of September 11, 2026 · Source: 0001193125-26-155007 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

Reports for EQR

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Executive Compensation ReportThe free page is the headline figures. The report is every award, peer and vote combined into one document you can hand to a committee.$1,500 →Reverse Peer AnalysisThe free page is the one line. The analysis reads every company that names this one in its own peer group.$299 →Peer Teardown ReportThe free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.$199 →
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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Angela M. AmanIndependent Director—
Ann C. HoffIndependent Director—
Chris CarrIndependent Director—
David J. NeithercutChair of the Board—
John E. NealFormer director (through FY2025)—
Linda Walker BynoeIndependent Director—
Mark S. ShapiroIndependent Director—
Mary Kay HabenIndependent Director—
Nina P. JonesIndependent Director—
Stephen E. SterrettIndependent Director—
Tahsinul Zia HuqueIndependent Director—
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ian KaufmanChief Accounting Officer2026-05-14A32$53$1,706CommonForm 4 ↗
Angela M. AmanDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
Mary Kay HabenDirector2026-06-18A3,27600CommonForm 4 ↗
Nina P. JonesDirector2026-06-18A3,27600CommonForm 4 ↗
Ann HoffDirector2026-06-18A3,27600CommonForm 4 ↗
Tahsinul Zia HuqueDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-06-18A23,28100Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-06-18A27,71600Derivative, Class A CommonForm 4 ↗
Mark S. ShapiroDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
Chris CarrDirector2026-06-18A3,56111,781Derivative, Class A CommonForm 4 ↗
Stephen E. SterrettDirector2026-06-18A3,27600CommonForm 4 ↗
Ian KaufmanChief Accounting Officer2026-08-14A30561,682CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A15,01800Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A13,29200Derivative, Class A CommonForm 4 ↗
Pamela Rogers ThomasEVP, Portfolio & Asset Mgmt2026-08-17A37,87500CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A9,00700Derivative, Class A CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A3,36300Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A12,96000Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A5,01612,508Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A12,12400Derivative, Class A CommonForm 4 ↗
Stephen E. SterrettDirector2026-08-17A2,62000CommonForm 4 ↗
Mary Kay HabenDirector2026-08-17A2,62000CommonForm 4 ↗
Ann HoffDirector2026-08-17A2,62000CommonForm 4 ↗
Nina P. JonesDirector2026-08-17A2,62000CommonForm 4 ↗
Conor C. FlynnDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Christopher B. HowardDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Susan SwanezyDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A50,04000Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A78,15600Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A30,240115,120Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A76,60600Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-17D7,82564503,226CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-17A8,83600CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-17A24,01900Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A24,77100Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A10,63900Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A23,34100Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A28,05600Derivative, Class A CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-17A2,05200CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-17A3,99400CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A26,50000Derivative, Class A CommonForm 4 ↗
Pamela Rogers ThomasEVP, Portfolio & Asset Mgmt2026-08-17A18,85000CommonForm 4 ↗
Charles E. Mueller JrDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A31,52500Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-08-17A18,55900Derivative, Class A CommonForm 4 ↗
Terry S. BrownDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Timothy J. NaughtonDirector2026-08-17A2,62000CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A33,56900Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-17A27,02100Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A28,52200Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A31,52500Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A35,94600CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A3,66700Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-08-17—2,997—~7111 insider, 2 accrual rows
Angela M. AmanDirector2026-08-17A2,71000Derivative, Class A CommonForm 4 ↗
Chris CarrDirector2026-08-17A2,62000CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A9,58614,793Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A24,01900Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A12,05200Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A10,85615,428Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A13,20816,604Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A5,56600Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-18D16,595641,066,893CommonForm 4 ↗
Christopher B. HowardDirector2026-08-18D8,48664543,104CommonForm 4 ↗
Susan SwanezyDirector2026-08-18D15,700641,001,660CommonForm 4 ↗
Charles E. Mueller JrDirector2026-08-18D8,00064511,200CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-19D2506416,080CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-20D1,40000CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-21D3006619,893CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A4,79200Derivative, Class A CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A4,58400CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A13,80500Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A11,31000Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A13,20100CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A10,53600CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A14,39700Derivative, Class A CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A9,23300Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A11,05500Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A10,82000CommonForm 4 ↗
Chris CarrDirector2026-09-09D1,1306573,766CommonForm 4 ↗
Dividend-equivalent accruals2026-09-09—9,898——1 insider, 8 accrual rows

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 89 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ian KaufmanChief Accounting Officer2026-05-14A32$53$1,706CommonForm 4 ↗
Angela M. AmanDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
Mary Kay HabenDirector2026-06-18A3,27600CommonForm 4 ↗
Nina P. JonesDirector2026-06-18A3,27600CommonForm 4 ↗
Ann HoffDirector2026-06-18A3,27600CommonForm 4 ↗
Tahsinul Zia HuqueDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-06-18A23,28100Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-06-18A27,71600Derivative, Class A CommonForm 4 ↗
Mark S. ShapiroDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
Chris CarrDirector2026-06-18A3,56111,781Derivative, Class A CommonForm 4 ↗
Stephen E. SterrettDirector2026-06-18A3,27600CommonForm 4 ↗
Ian KaufmanChief Accounting Officer2026-08-14A30561,682CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A15,01800Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A13,29200Derivative, Class A CommonForm 4 ↗
Pamela Rogers ThomasEVP, Portfolio & Asset Mgmt2026-08-17A37,87500CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A9,00700Derivative, Class A CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A3,36300Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A12,96000Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A5,01612,508Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A12,12400Derivative, Class A CommonForm 4 ↗
Stephen E. SterrettDirector2026-08-17A2,62000CommonForm 4 ↗
Mary Kay HabenDirector2026-08-17A2,62000CommonForm 4 ↗
Ann HoffDirector2026-08-17A2,62000CommonForm 4 ↗
Nina P. JonesDirector2026-08-17A2,62000CommonForm 4 ↗
Conor C. FlynnDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Christopher B. HowardDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Susan SwanezyDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A50,04000Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A78,15600Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A30,240115,120Derivative, Class A CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A76,60600Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-17D7,82564503,226CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-17A8,83600CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-17A24,01900Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A24,77100Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A10,63900Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A23,34100Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A28,05600Derivative, Class A CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-17A2,05200CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-17A3,99400CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A26,50000Derivative, Class A CommonForm 4 ↗
Pamela Rogers ThomasEVP, Portfolio & Asset Mgmt2026-08-17A18,85000CommonForm 4 ↗
Charles E. Mueller JrDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A31,52500Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-08-17A18,55900Derivative, Class A CommonForm 4 ↗
Terry S. BrownDirector2026-08-17A2,71011,355Derivative, Class A CommonForm 4 ↗
Timothy J. NaughtonDirector2026-08-17A2,62000CommonForm 4 ↗
Benjamin SchallDirector2026-08-17A33,56900Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-17A27,02100Derivative, Class A CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A28,52200Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A31,52500Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A35,94600CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A3,66700Derivative, Class A CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A1,4221711Derivative, Class A CommonForm 4 ↗
Alaine Susan WalshEVP, Human Capital & Admin2026-08-17A1,57500Derivative, Class A CommonForm 4 ↗
Angela M. AmanDirector2026-08-17A2,71000Derivative, Class A CommonForm 4 ↗
Chris CarrDirector2026-08-17A2,62000CommonForm 4 ↗
Kevin P. O'SheaExecutive Vice President & CFO2026-08-17A9,58614,793Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A24,01900Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A12,05200Derivative, Class A CommonForm 4 ↗
Sean J. BreslinEVP & CI & GO2026-08-17A10,85615,428Derivative, Class A CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-17A13,20816,604Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-17A5,56600Derivative, Class A CommonForm 4 ↗
Edward M. SchulmanEVP, Legal Affairs2026-08-18D16,595641,066,893CommonForm 4 ↗
Christopher B. HowardDirector2026-08-18D8,48664543,104CommonForm 4 ↗
Susan SwanezyDirector2026-08-18D15,700641,001,660CommonForm 4 ↗
Charles E. Mueller JrDirector2026-08-18D8,00064511,200CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-19D2506416,080CommonForm 4 ↗
Matthew H. BirenbaumExecutive Vice President & CDO2026-08-20D1,40000CommonForm 4 ↗
Sean Thomas WillsonSenior Vice President & CAO2026-08-21D3006619,893CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A4,79200Derivative, Class A CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A4,58400CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A13,80500Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A11,31000Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A13,20100CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A10,53600CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A14,39700Derivative, Class A CommonForm 4 ↗
Scott FensterEVP & General Counsel2026-08-31A9,23300Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A11,05500Derivative, Class A CommonForm 4 ↗
Michael ManelisExecutive Vice President & COO2026-08-31A10,82000CommonForm 4 ↗
Chris CarrDirector2026-09-09D1,1306573,766CommonForm 4 ↗
David J. NeithercutDirector2026-09-09A97700Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-09-09D97700Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-09-09A1,32500Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-09-09A1,32200Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-09-09D1,32200Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-09-09A1,32500Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-09-09D1,32500Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-09-09D1,32500Derivative, Class A CommonForm 4 ↗
04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Robert GarechanaOption27,19971.93—
Scott FensterOption11,40260.96—
Scott FensterRSU30,816—1,942,641
Robert GarechanaOption20,23660.96—
Mark ParrellOption113,45571.93—
Michael ManelisRSU55,614—3,505,907
Alexander BrackenridgeRSU61,768—3,893,855
Mark ParrellRSU19,564—1,233,315
Scott FensterOption5,18166.59—
Michael ManelisPSU67,700—4,267,808
Robert GarechanaOption8,88066.59—
Michael ManelisOption19,23966.59—
Alexander BrackenridgePSU55,182—3,478,673
Mark ParrellOption38,89060.96—
Mark ParrellPSU270,159—17,030,823
Mark ParrellRSU79,006—4,980,538
Robert GarechanaPSU59,233—3,734,048
Robert GarechanaRSU49,348—3,110,898
Michael ManelisOption22,43260.96—
Scott FensterPSU28,827—1,817,254
Mark ParrellOption38,91966.59—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company’s 2025 Executive Compensation Program is based on a strong performance-oriented compensation philosophy to align executive and shareholder interests and is designed to attract, retain and motivate talented executives. Approximately 92% of the CEO's pay and an average of 84% of other NEO pay is tied solely to performance.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFerguson Partners Consulting
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
07

CEO pay ratio

Ratio (CEO : median employee)165 : 1
CEO total compensation$12,759,187
Median employee compensation$77,311
09

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$210,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)35,000 / 30,000
Stock ownership guideline$450,000
10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Equity Residential names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Equity Residential.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Welltower Inc.2025Shankh Mitra$1,300,000$813,178,818$0$6,500,000$821,090,355
2BXP, Inc.2025Owen Thomas950,00019,317,94302,758,90023,047,305
3Equinix, Inc.2025Adaire Fox-Martin1,000,00021,416,95104322,654,885
4Digital Realty Trust, Inc.2025Andrew Power978,84614,174,68403,700,00021,071,498
5Ventas, Inc.2025Debra Cafaro1,162,72012,015,05104,087,30317,501,073
6Prologis, Inc.2025Daniel Letter795,38512,500,9900—15,190,625
7Extra Space Storage Inc.2025Joseph Margolis940,00011,138,71501,616,21314,186,887
8Invitation Homes Inc.2025Dallas Tanner1,000,00010,965,04602,108,00014,096,335
9Equity Residential2025Mark Parrell900,0008,023,6681,498,7412,317,61312,759,187
10Simon Property Group, Inc.2025David Simon1,250,0007,000,2610011,663,678
11Essex Property Trust, Inc.2025Angela Kleiman944,5204,733,25404,362,21010,096,804
12UDR, Inc.2025Thomas Toomey900,0009,010,120009,933,438
13Public Storage2025Joseph Russell1,000,0003,982,3712,907,5832,005,8239,909,777
14Sun Communities, Inc.2025Charles Young218,7257,921,66101,725,0009,865,401
15AvalonBay Communities, Inc.2025Benjamin Schall1,000,0006,319,735482,3651,815,5409,663,500
16Mid-America Apartment Communities, Inc.2025A. Bradley Hill712,0193,412,409—1,183,9005,453,480
17Camden Property Trust2025Alexander Jessett646,5963,010,54801,491,0315,151,175

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Equity Residentialnot disclosedLTI Awards 100not disclosedFerguson Partners Consulting
AvalonBay Communities, Inc.104.8%PSU 100NoFerguson Partners Consulting L.P.
BXP, Inc.117.4%PSU 55 · RSU 45Yes — Relative TSR with aTSR ModifierFW Cook
Camden Property Trustnot disclosedPSU 100Yes — Total Shareholder Return (TSR)CBIZ Talent and Compensation Solutions
Digital Realty Trust, Inc.378%PSU 60 · LTIP Units 40NoSemler Brossy
Equinix, Inc.99%PSU 59 · RSU 29Yes — rTSRCompensia
Essex Property Trust, Inc.153%PRSU 85 · RSU 15Yes — Relative TSR to Nareit Apartment IndexMercer LLC
Extra Space Storage Inc.98.25%PSU 75 · RSU 25Yes — Relative TSRMeridian
Invitation Homes Inc.105.4%PSU 75 · RSU 25Yes — TSR Relative to RMS Index CAGRFerguson Partners Consulting
Mid-America Apartment Communities, Inc.not disclosedPSU 80 · RSU 20Yes — Compounded Annualized Three-Year Relative Total Shareholder Return (TSR)Pearl Meyer
Prologis, Inc.137.5%PSU 100NoPay Governance
Public Storagenot disclosedPSU 80 · Options 20NoFerguson Partners Consulting
Simon Property Group, Inc.49.63%LTIP Units 75 · RSU 25Yes — TSR modifierSemler Brossy
Sun Communities, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSR vs. MSCI US REIT IndexFerguson Partners Consulting, LP
UDR, Inc.not disclosedPSU 100Yes — Relative cumulative TSR versus apartment peersFPL Associates
Ventas, Inc.352%PSU 70 · RSU 30Yes — TSR Relative to the Nareit Health Care IndexSemler Brossy
Welltower Inc.200%not disclosedYes — TSR vs FTSE NAREIT Equity Health Care IndexFerguson Partners Consulting

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Equity Residential in fiscal 2025?
As disclosed, Mark Parrell (President & Chief Executive Officer) was the highest-paid executive at Equity Residential in fiscal 2025, with total compensation of $12,759,187.
How does Equity Residential's chief executive pay compare to its disclosed peer group?
As disclosed, Mark Parrell's total compensation ranked at the 50th percentile of Equity Residential's disclosed peer group.
What is Equity Residential's CEO-to-median employee pay ratio?
As disclosed, Equity Residential's CEO-to-median employee pay ratio was 165:1.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Mark ParrellDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 12,759,187. Filing ↗machine: r5 · c25 · span 1751089–1751100
2Section 01, Michael ManelisDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 5,296,826. Filing ↗machine: r20 · c25 · span 1873699–1873709
3Section 01, Robert GarechanaDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 4,748,384. Filing ↗machine: r15 · c25 · span 1832811–1832821
4Section 01, Alexander BrackenridgeDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 4,669,428. Filing ↗machine: r25 · c25 · span 1914579–1914589
5Section 01, Scott FensterDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 2,870,663. Filing ↗machine: r30 · c25 · span 1955440–1955450
6Section 01, Bret McLeodDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 2,323,863. Filing ↗machine: r10 · c24 · span 1791993–1792003
7Section 07, pay ratioDEF 14A2026-04-140001193125-26-155007Section “CEO Pay Ratio”. As printed: 165 : 1. Filing ↗machine: span 2925741–2925746
8Section 02, Ian Kaufman 2026-05-14Form 42026-05-180000906107-26-000019Insider equity transaction reported since the proxy statement. Filing ↗
9Section 02, Angela M. Aman 2026-06-18Form 42026-06-230000906107-26-000021Insider equity transaction reported since the proxy statement. Filing ↗
10Section 02, Mary Kay Haben 2026-06-18Form 42026-06-230000906107-26-000023Insider equity transaction reported since the proxy statement. Filing ↗
11Section 02, Nina P. Jones 2026-06-18Form 42026-06-230000906107-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
12Section 02, Ann Hoff 2026-06-18Form 42026-06-230000906107-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
13Section 02, Tahsinul Zia Huque 2026-06-18Form 42026-06-230000906107-26-000025Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, David J. Neithercut 2026-06-18Form 42026-06-230000906107-26-000027Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, David J. Neithercut 2026-06-18Form 42026-06-230000906107-26-000027Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Mark S. Shapiro 2026-06-18Form 42026-06-230000906107-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Chris Carr 2026-06-18Form 42026-06-230000906107-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Stephen E. Sterrett 2026-06-18Form 42026-06-230000906107-26-000029Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Ian Kaufman 2026-08-14Form 42026-08-180000906107-26-000033Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Matthew H. Birenbaum 2026-08-17Form 42026-08-190000906107-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Matthew H. Birenbaum 2026-08-17Form 42026-08-190000906107-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Pamela Rogers Thomas 2026-08-17Form 42026-08-190000906107-26-000068Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Alaine Susan Walsh 2026-08-17Form 42026-08-190000906107-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Alaine Susan Walsh 2026-08-17Form 42026-08-190000906107-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Edward M. Schulman 2026-08-17Form 42026-08-190000906107-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Edward M. Schulman 2026-08-17Form 42026-08-190000906107-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Edward M. Schulman 2026-08-17Form 42026-08-190000906107-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Stephen E. Sterrett 2026-08-17Form 42026-08-190000906107-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Mary Kay Haben 2026-08-17Form 42026-08-190000906107-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Ann Hoff 2026-08-17Form 42026-08-190000906107-26-000052Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Nina P. Jones 2026-08-17Form 42026-08-190000906107-26-000053Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Conor C. Flynn 2026-08-17Form 42026-08-190000906107-26-000057Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Christopher B. Howard 2026-08-17Form 42026-08-190000906107-26-000058Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Susan Swanezy 2026-08-17Form 42026-08-190000906107-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Benjamin Schall 2026-08-17Form 42026-08-190000906107-26-000062Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Benjamin Schall 2026-08-17Form 42026-08-190000906107-26-000062Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Benjamin Schall 2026-08-17Form 42026-08-190000906107-26-000062Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Benjamin Schall 2026-08-17Form 42026-08-190000906107-26-000062Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Michael Manelis 2026-08-17Form 42026-08-190000906107-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Michael Manelis 2026-08-17Form 42026-08-190000906107-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Scott Fenster 2026-08-17Form 42026-08-190000906107-26-000064Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Kevin P. O'Shea 2026-08-17Form 42026-08-190000906107-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Kevin P. O'Shea 2026-08-17Form 42026-08-190000906107-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Kevin P. O'Shea 2026-08-17Form 42026-08-190000906107-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Sean J. Breslin 2026-08-17Form 42026-08-190000906107-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Sean Thomas Willson 2026-08-17Form 42026-08-190000906107-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Sean Thomas Willson 2026-08-17Form 42026-08-190000906107-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Sean J. Breslin 2026-08-17Form 42026-08-190000906107-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Pamela Rogers Thomas 2026-08-17Form 42026-08-190000906107-26-000068Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Charles E. Mueller Jr 2026-08-17Form 42026-08-190000906107-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Matthew H. Birenbaum 2026-08-17Form 42026-08-190000906107-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, David J. Neithercut 2026-08-17Form 42026-08-190000906107-26-000055Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Terry S. Brown 2026-08-17Form 42026-08-190000906107-26-000056Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Timothy J. Naughton 2026-08-17Form 42026-08-190000906107-26-000060Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Benjamin Schall 2026-08-17Form 42026-08-190000906107-26-000062Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Michael Manelis 2026-08-17Form 42026-08-190000906107-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Kevin P. O'Shea 2026-08-17Form 42026-08-190000906107-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Sean J. Breslin 2026-08-17Form 42026-08-190000906107-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Matthew H. Birenbaum 2026-08-17Form 42026-08-190000906107-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Alaine Susan Walsh 2026-08-17Form 42026-08-190000906107-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Alaine Susan Walsh 2026-08-17Form 42026-08-190000906107-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Alaine Susan Walsh 2026-08-17Form 42026-08-190000906107-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Angela M. Aman 2026-08-17Form 42026-08-190000906107-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Chris Carr 2026-08-17Form 42026-08-190000906107-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Kevin P. O'Shea 2026-08-17Form 42026-08-190000906107-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Edward M. Schulman 2026-08-17Form 42026-08-190000906107-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Sean J. Breslin 2026-08-17Form 42026-08-190000906107-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Sean J. Breslin 2026-08-17Form 42026-08-190000906107-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Matthew H. Birenbaum 2026-08-17Form 42026-08-190000906107-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Edward M. Schulman 2026-08-17Form 42026-08-190000906107-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Edward M. Schulman 2026-08-18Form 42026-08-190000906107-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Christopher B. Howard 2026-08-18Form 42026-08-190000906107-26-000058Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Susan Swanezy 2026-08-18Form 42026-08-190000906107-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Charles E. Mueller Jr 2026-08-18Form 42026-08-190000906107-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Sean Thomas Willson 2026-08-19Form 42026-08-190000906107-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Matthew H. Birenbaum 2026-08-20Form 42026-08-240000906107-26-000072Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Sean Thomas Willson 2026-08-21Form 42026-08-240000906107-26-000073Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Scott Fenster 2026-08-31Form 42026-09-020000906107-26-000075Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Scott Fenster 2026-08-31Form 42026-09-020000906107-26-000075Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Michael Manelis 2026-08-31Form 42026-09-020000906107-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Michael Manelis 2026-08-31Form 42026-09-020000906107-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Michael Manelis 2026-08-31Form 42026-09-020000906107-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Michael Manelis 2026-08-31Form 42026-09-020000906107-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Scott Fenster 2026-08-31Form 42026-09-020000906107-26-000075Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Scott Fenster 2026-08-31Form 42026-09-020000906107-26-000075Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Michael Manelis 2026-08-31Form 42026-09-020000906107-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Michael Manelis 2026-08-31Form 42026-09-020000906107-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Chris Carr 2026-09-09Form 42026-09-110000906107-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, David J. Neithercut 2026-09-09Form 42026-09-110000906107-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
97Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
98Welltower Inc., Section 10b CEO totalDEF 14A2026-04-100000766704-26-000014CEO total compensation as printed in Welltower Inc.'s own proxy. As printed: 821,090,355. Filing ↗machine: r3 · c24 · span 1124520–1124531
99BXP, Inc., Section 10b CEO totalDEF 14A2026-04-100001037540-26-000010CEO total compensation as printed in BXP, Inc.'s own proxy. As printed: 23,047,305. Filing ↗machine: span 1785714–1785724
100Equinix, Inc., Section 10b CEO totalDEF 14A2026-04-020001101239-26-000073CEO total compensation as printed in Equinix, Inc.'s own proxy. As printed: 22,654,885. Filing ↗machine: span 1101160–1101170
101Digital Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-04-170001308179-26-000296CEO total compensation as printed in Digital Realty Trust, Inc.'s own proxy. As printed: 21,071,498. Filing ↗machine: r2 · c14 · span 644147–644157
102Ventas, Inc., Section 10b CEO totalDEF 14A2026-04-010000740260-26-000010CEO total compensation as printed in Ventas, Inc.'s own proxy. As printed: 17,501,073. Filing ↗machine: r2 · c42 · span 1775799–1775810
103Prologis, Inc., Section 10b CEO totalDEF 14A2026-03-190001193125-26-115132CEO total compensation as printed in Prologis, Inc.'s own proxy. As printed: 15,190,625. Filing ↗machine: span 926776–926786
104Extra Space Storage Inc., Section 10b CEO totalDEF 14A2026-04-010001289490-26-000027CEO total compensation as printed in Extra Space Storage Inc.'s own proxy. As printed: 14,186,887. Filing ↗machine: r2 · c21 · span 521873–521883
105Invitation Homes Inc., Section 10b CEO totalDEF 14A2026-03-260001193125-26-126310CEO total compensation as printed in Invitation Homes Inc.'s own proxy. As printed: 14,096,335. Filing ↗machine: t266 · r3 · c39 · span 1039962–1039973
106Equity Residential (subject), Section 10b CEO totalDEF 14A2026-04-140001193125-26-155007CEO total compensation as printed in Equity Residential's own proxy. As printed: 12,759,187. Filing ↗machine: r5 · c25 · span 1751089–1751100
107Simon Property Group, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038320CEO total compensation as printed in Simon Property Group, Inc.'s own proxy. As printed: 11,663,678. Filing ↗machine: t240 · r4 · c17 · span 1804893–1804903
108Essex Property Trust, Inc., Section 10b CEO totalDEF 14A2026-03-270000920522-26-000011CEO total compensation as printed in Essex Property Trust, Inc.'s own proxy. As printed: 10,096,804. Filing ↗machine: r2 · c21 · span 1017592–1017602
109UDR, Inc., Section 10b CEO totalDEF 14A2026-04-020000074208-26-000037CEO total compensation as printed in UDR, Inc.'s own proxy. As printed: 9,933,438. Filing ↗machine: t322 · r11 · c18 · span 3007170–3007179
110Public Storage, Section 10b CEO totalDEF 14A2026-03-270001193125-26-128991CEO total compensation as printed in Public Storage's own proxy. As printed: 9,909,777. Filing ↗machine: t75 · r4 · c29 · span 2764941–2764950
111Sun Communities, Inc., Section 10b CEO totalDEF 14A2026-03-300000912593-26-000141CEO total compensation as printed in Sun Communities, Inc.'s own proxy. As printed: 9,865,401. Filing ↗machine: span 1532781–1532790
112AvalonBay Communities, Inc., Section 10b CEO totalDEF 14A2026-04-060001104659-26-039943CEO total compensation as printed in AvalonBay Communities, Inc.'s own proxy. As printed: 9,663,500. Filing ↗machine: t263 · r9 · c18 · span 1661086–1661095
113Mid-America Apartment Communities, Inc., Section 10b CEO totalDEF 14A2026-04-060001140361-26-013212CEO total compensation as printed in Mid-America Apartment Communities, Inc.'s own proxy. As printed: 5,453,480. Filing ↗
114Camden Property Trust, Section 10b CEO totalDEF 14A2026-03-270001628280-26-021581CEO total compensation as printed in Camden Property Trust's own proxy. As printed: 5,151,175. Filing ↗machine: span 767748–767757
115Section 10a, Public Storage reciprocityDEF 14A—0001193125-26-128991Public Storage names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
116Section 10a, Camden Property Trust reciprocityDEF 14A—0000906345-25-000014Camden Property Trust names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
117Section 10a, BXP, Inc. reciprocityDEF 14A—0001037540-26-000010BXP, Inc.'s most recent proxy was read; its disclosed peer group does not include Equity Residential. Filing ↗
118Section 10a, Welltower Inc. reciprocityDEF 14A—0000766704-26-000014Welltower Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
119Section 10a, Ventas, Inc. reciprocityDEF 14A—0000740260-26-000010Ventas, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
120Section 10a, Sun Communities, Inc. reciprocityDEF 14A—0000912593-26-000141Sun Communities, Inc.'s most recent proxy was read; its disclosed peer group does not include Equity Residential. Filing ↗
121Section 10a, Equinix, Inc. reciprocityDEF 14A—0001101239-26-000073Equinix, Inc.'s most recent proxy was read; its disclosed peer group does not include Equity Residential. Filing ↗
122Section 10a, Digital Realty Trust, Inc. reciprocityDEF 14A—0001308179-26-000296Digital Realty Trust, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
123Section 10a, UDR, Inc. reciprocityDEF 14A—0000074208-26-000037UDR, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
124Section 10a, Extra Space Storage Inc. reciprocityDEF 14A—0001289490-26-000027Extra Space Storage Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
125Section 10a, Invitation Homes Inc. reciprocityDEF 14A—0001193125-26-126310Invitation Homes Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
126Section 10a, Prologis, Inc. reciprocityDEF 14A—0001193125-26-115132Prologis, Inc.'s most recent proxy was read; its disclosed peer group does not include Equity Residential. Filing ↗
127Section 10a, Essex Property Trust, Inc. reciprocityDEF 14A—0000920522-26-000011Essex Property Trust, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗

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