Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-23

Equity Residential (EQR)

Fiscal year 2025 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
89.81%
Say-on-pay support, latest vote
Companies that benchmark against EQR
24 companies name EQR as a compensation peer

Each company listed discloses EQR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named EQR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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 FY20242025
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.

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 ↗
Stephen E. SterrettDirector2026-06-18A3,27600CommonForm 4 ↗
Mark S. ShapiroDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-06-18A23,28100Derivative, Class A CommonForm 4 ↗
Nina P. JonesDirector2026-06-18A3,27600CommonForm 4 ↗
Tahsinul Zia HuqueDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
Ann C. HoffDirector2026-06-18A3,27600CommonForm 4 ↗
Mary Kay HabenDirector2026-06-18A3,27600CommonForm 4 ↗
Chris CarrDirector2026-06-18A3,56111,781Derivative, Class A CommonForm 4 ↗
Angela M. AmanDirector2026-06-18A3,56100Derivative, Class A CommonForm 4 ↗
David J. NeithercutDirector2026-06-18A27,71600Derivative, Class A CommonForm 4 ↗

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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Scott FensterPSU2025-01-014,6889,37618,752$714,943
Bret McLeodRSU2025-08-0719,5641,249,944
Scott FensterRSU2025-02-0512,197827,323
Robert GarechanaPSU2025-01-0110,35920,71841,4361,562,493
Robert GarechanaRSU2025-02-0515,8911,077,887
Michael ManelisPSU2025-01-0111,06522,13044,2601,687,470
Michael ManelisRSU2025-02-0525,3831,746,616
Alexander BrackenridgeRSU2025-02-0520,9711,508,444
Mark ParrellPSU2025-01-0143,73387,466174,9326,524,964
Alexander BrackenridgePSU2025-01-018,81617,63235,2641,374,943
Mark ParrellRSU2025-02-0522,0951,498,704
Mark ParrellOption2025-02-05113,4551,498,741
Robert GarechanaOption2025-02-0527,199359,299
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Scott Fenster$827,323$714,943$046.4%
Bret McLeod1,249,944000.0%
Robert Garechana1,077,8871,562,493359,29952.1%
Michael Manelis1,746,6161,687,470049.1%
Alexander Brackenridge1,508,4441,374,943047.7%
Mark Parrell1,498,7046,524,9641,498,74168.5%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Alexander BrackenridgeRSU61,768$3,893,855
Robert GarechanaPSU59,2333,734,048
Michael ManelisRSU55,6143,505,907
Robert GarechanaOption27,19971.93
Scott FensterOption11,40260.96
Scott FensterPSU28,8271,817,254
Mark ParrellPSU270,15917,030,823
Robert GarechanaRSU49,3483,110,898
Scott FensterRSU30,8161,942,641
Mark ParrellOption113,45571.93
Bret McLeodRSU19,5641,233,315
Alexander BrackenridgePSU55,1823,478,673
Mark ParrellRSU79,0064,980,538
Michael ManelisPSU67,7004,267,808
Michael ManelisOption22,43260.96
Robert GarechanaOption20,23660.96
Mark ParrellOption38,91966.59
Michael ManelisOption19,23966.59
Robert GarechanaOption8,88066.59
Scott FensterOption5,18166.59
Mark ParrellOption38,89060.96
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's 2025 Executive Compensation Program, which applied to Mr. Parrell and his direct reports, 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.

CEO STI target (% of salary)225%
CEO LTI target (% of salary)
Independent consultantFerguson Partners Consulting
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-18303,275,38234,423,665706,82689.81%Passed
20252025-06-26299,183,08936,545,526337,41689.11%Passed
20242024-06-20300,231,81632,636,015695,18890.2%Passed
20232023-06-15301,189,27126,201,478552,87492%Passed
20222022-06-16300,413,82726,652,225572,51591.85%Passed
20212021-06-17302,155,46111,452,75314,293,47596.35%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1889.81%a
20252025-06-2689.11%b
20242024-06-2090.2%c

a. Approved under the standard stated in the filing — “A majority of the votes cast means that the number of votes affirmatively cast "for" a trustee's election exceeds the number of votes affirmatively cast "against" that trustee's election (with "abstentions" and broker non-votes not counted as a vote cast either "for" or "against" that trustee's election).”.

b. Approved under the standard stated in the filing — “Not counted as votes cast; no impact on outcome.”.

c. Approved under the standard stated in the filing — “Not counted as votes cast; no impact on outcome.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)165 : 1
CEO total compensation$12,759,187
Median employee compensation$77,311
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David J. NeithercutNot independent · Board Chair · Executive (Chair)$94,000$0$459,994$0$0$553,994
Stephen E. SterrettIndependent · Lead Independent Director · Audit · Compensation · Executive176,500209,986000386,486
Mary Kay HabenIndependent · Compensation (Chair) · Governance147,500209,986000357,486
Linda Walker BynoeIndependent · Audit · Governance · Not standing for re-election145,000209,986000354,986
Angela M. AmanIndependent · Audit (Chair) · Executive144,500209,959000354,459
Nina P. JonesIndependent · Governance (Chair) · Audit120,000209,986000329,986
Mark S. ShapiroIndependent · Compensation · Governance117,500209,959000327,459
Tahsinul Zia HuqueIndependent · Compensation · Governance117,500209,959000327,459
Ann C. HoffIndependent · Audit · Compensation115,000209,986000324,986
Chris CarrIndependent · Audit · Governance · Partial-year service · Newly elected52,500189,817000242,317
John E. NealIndependent · Audit · Executive · Departed during FY55,750000055,750
Mark ParrellEmployee director · Executive00000
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
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,285,750
Equity awards (grant-date value)$1,869,624
All other compensation$0
Total cost of the board$3,155,374

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

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-Martin1,000,00021,416,9514322,654,885
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 Letter795,38512,500,990015,190,625
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.2025H. Eric Bolton, Jr.884,9883,826,7470942,0075,874,989
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 Residential114.45%PSU 100Yes — Performance of Company relative to weighted average TSR of companies in the FTSE Nareit Equity Apartments IndexFerguson 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 100not disclosedCBIZ Talent and Compensation Solutions
Digital Realty Trust, Inc.378%PSU 60 · LTIP Units 40NoSemler Brossy
Equinix, Inc.99%PSU 67 · RSU 33Yes — rTSRCompensia
Essex Property Trust, Inc.not disclosednot disclosednot disclosedMercer 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.86%PSU 80 · RSU 20Yes — Compounded Annualized Three-Year Relative Total Shareholder Return (TSR)Pearl Meyer
Prologis, Inc.137.5%PSU 100NoPay Governance
Public Storagenot disclosedRSU 60 · Options 40not disclosedFerguson Partners Consulting
Simon Property Group, Inc.49.63%LTIP Units 75 · RSU 25Yes — TSR modifierSemler Brossy
Sun Communities, Inc.200%PSU 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 IndexFPC

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at Equity Residential in fiscal 2025?
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?
Equity Residential's chief executive pay falls at the 50th percentile of its disclosed peer group.
What is Equity Residential's CEO-to-median employee pay ratio?
Equity Residential's CEO-to-median employee pay ratio was 165:1.
How did shareholders vote on Equity Residential's executive compensation?
Shareholders approved Equity Residential's executive compensation plan with 89.81% support in the latest vote.
How much does Equity Residential spend in total on board compensation for fiscal 2025?
Equity Residential reported total board compensation of $3,155,374 for fiscal 2025.

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: t125 · r5 · c25 · span 1751090–1751100
2Section 01, Michael ManelisDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 5,296,826. Filing ↗machine: t125 · r20 · c25 · span 1873700–1873709
3Section 01, Robert GarechanaDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 4,748,384. Filing ↗machine: t125 · r15 · c25 · span 1832812–1832821
4Section 01, Alexander BrackenridgeDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 4,669,428. Filing ↗machine: t125 · r25 · c25 · span 1914580–1914589
5Section 01, Scott FensterDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 2,870,663. Filing ↗machine: t125 · r30 · c25 · span 1955441–1955450
6Section 01, Bret McLeodDEF 14A2026-04-140001193125-26-155007Section “Summary Compensation Table”. As printed: 2,323,863. Filing ↗machine: t125 · r10 · c25 · span 1791994–1792003
7Section 03, Scott Fenster PSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r15 · c21 · span 2120393–2120400
8Section 03, Bret McLeod RSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r6 · c5 · span 2037214–2037220
9Section 03, Scott Fenster RSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r16 · c21 · span 2129728–2129735
10Section 03, Robert Garechana PSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r8 · c21 · span 2060217–2060226
11Section 03, Robert Garechana RSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r9 · c21 · span 2068805–2068814
12Section 03, Michael Manelis PSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r11 · c21 · span 2085943–2085952
13Section 03, Michael Manelis RSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r12 · c21 · span 2094532–2094541
14Section 03, Alexander Brackenridge RSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r14 · c21 · span 2111760–2111769
15Section 03, Mark Parrell PSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r4 · c21 · span 2025879–2025888
16Section 03, Alexander Brackenridge PSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r13 · c21 · span 2103171–2103180
17Section 03, Mark Parrell RSUDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t128 · r5 · c21 · span 2034468–2034477
18Section 03, Mark Parrell OptionDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗
19Section 03, Robert Garechana OptionDEF 14A2026-04-140001193125-26-155007Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗
20Section 07, pay ratioDEF 14A2026-04-140001193125-26-155007Section “CEO Pay Ratio”. As printed: 165 : 1. Filing ↗machine: span 2925741–2925746
21Section 08, David J. NeithercutDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 553,994. Filing ↗machine: t156 · r11 · c15 · span 3370441–3370448
22Section 08, Stephen E. SterrettDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 386,486. Filing ↗machine: t156 · r13 · c15 · span 3383863–3383870
23Section 08, Mary Kay HabenDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 357,486. Filing ↗machine: t156 · r6 · c15 · span 3337895–3337902
24Section 08, Linda Walker BynoeDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 354,986. Filing ↗machine: t156 · r4 · c15 · span 3324667–3324674
25Section 08, Angela M. AmanDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 354,459. Filing ↗machine: t156 · r3 · c15 · span 3318230–3318237
26Section 08, Nina P. JonesDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 329,986. Filing ↗machine: t156 · r9 · c15 · span 3357201–3357208
27Section 08, Mark S. ShapiroDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 327,459. Filing ↗machine: t156 · r12 · c15 · span 3376878–3376885
28Section 08, Tahsinul Zia HuqueDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 327,459. Filing ↗machine: t156 · r8 · c15 · span 3350767–3350774
29Section 08, Ann C. HoffDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 324,986. Filing ↗machine: t156 · r7 · c15 · span 3344327–3344334
30Section 08, Chris CarrDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 242,317. Filing ↗machine: t156 · r5 · c16 · span 3331459–3331466
31Section 08, John E. NealDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 55,750. Filing ↗machine: t156 · r10 · c3 · span 3359214–3359220
32Section 08, Mark ParrellDEF 14A2026-04-140001193125-26-155007Section “Director Compensation”. As printed: 0. Filing ↗
33Section 02, Ian Kaufman 2026-05-14Form 42026-05-180000906107-26-000019Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Stephen E. Sterrett 2026-06-18Form 42026-06-230000906107-26-000029Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Mark S. Shapiro 2026-06-18Form 42026-06-230000906107-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, David J. Neithercut 2026-06-18Form 42026-06-230000906107-26-000027Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Nina P. Jones 2026-06-18Form 42026-06-230000906107-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Tahsinul Zia Huque 2026-06-18Form 42026-06-230000906107-26-000025Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Ann C. Hoff 2026-06-18Form 42026-06-230000906107-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Mary Kay Haben 2026-06-18Form 42026-06-230000906107-26-000023Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Chris Carr 2026-06-18Form 42026-06-230000906107-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Angela M. Aman 2026-06-18Form 42026-06-230000906107-26-000021Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, David J. Neithercut 2026-06-18Form 42026-06-230000906107-26-000027Insider equity transaction reported since the proxy statement. Filing ↗
44Section 06, 2026 voteForm 8-K2026-06-220001193125-26-277623Item 5.07 · say-on-pay result. As reported: 89.81% (votes for as printed: 303,275,382). Filing ↗
45Section 06, 2025 voteForm 8-K2025-07-010000950170-25-092280Item 5.07 · say-on-pay result. As reported: 89.11% (votes for as printed: 299,183,089). Filing ↗
46Section 06, 2024 voteForm 8-K2024-06-250000950170-24-077308Item 5.07 · say-on-pay result. As reported: 90.2% (votes for as printed: 300,231,816). Filing ↗
47Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
48Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
49Section 09b board cost (computed)ComputedcomputedCash 1,285,750 + equity 1,869,624 + all other 0 = 3,155,374, summed across the director compensation table rows.machine: formula: Σ = 3,155,374
50Welltower 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: t141 · r3 · c12 · span 1124520–1124531
51BXP, 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
52Equinix, 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
53Digital 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
54Ventas, 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
55Prologis, 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
56Extra 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
57Invitation 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
58Equity 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: t125 · r5 · c25 · span 1751090–1751100
59Simon 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
60Essex 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
61UDR, 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
62Public 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
63Sun 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
64AvalonBay 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
65Mid-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: 5,874,989. Filing ↗machine: t272 · r5 · c7 · span 1227258–1227268
66Camden 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
67Section 10a, Extra Space Storage Inc. reciprocityDEF 14A0001289490-26-000027Extra Space Storage Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Digital Realty Trust, Inc. reciprocityDEF 14A0001308179-26-000296Digital Realty Trust, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, Welltower Inc. reciprocityDEF 14A0000766704-26-000014Welltower Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, BXP, Inc. reciprocityDEF 14A0001037540-26-000010BXP, Inc.'s most recent proxy was read; its disclosed peer group does not include Equity Residential. Filing ↗
71Section 10a, Public Storage reciprocityDEF 14A0001193125-26-128991Public Storage names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
72Section 10a, Essex Property Trust, Inc. reciprocityDEF 14A0000920522-26-000011Essex Property Trust, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Equinix, Inc. reciprocityDEF 14A0001101239-26-000073Equinix, Inc.'s most recent proxy was read; its disclosed peer group does not include Equity Residential. Filing ↗
74Section 10a, Prologis, Inc. reciprocityDEF 14A0001193125-26-115132Prologis, Inc.'s most recent proxy was read; its disclosed peer group does not include Equity Residential. Filing ↗
75Section 10a, Sun Communities, Inc. reciprocityDEF 14A0000912593-25-000147Sun Communities, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
76Section 10a, Invitation Homes Inc. reciprocityDEF 14A0001193125-26-126310Invitation Homes Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
77Section 10a, Camden Property Trust reciprocityDEF 14A0000906345-25-000014Camden Property Trust names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, UDR, Inc. reciprocityDEF 14A0000074208-26-000037UDR, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Ventas, Inc. reciprocityDEF 14A0000740260-26-000010Ventas, Inc. names Equity Residential in its own disclosed peer group (read from its most recent proxy). Filing ↗