What the executives and directors of Alexandria Real Estate Equities actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| MARCUS JOEL S Executive Chairman | Officer | 584.2K | $2.4M | — |
| Moglia Peter M Chief Executive Officer | CEO | 373K | — | — |
| Kass Hunter Co-President and RMD | Officer | 237.6K | — | — |
| Ryan Daniel J Co-President and RMD | Officer | 217.6K | — | — |
| Binda Marc E CFO & Treasurer | CFO | 188.3K | — | $108K |
| Shigenaga Dean A Former President and CFO | CFO | 172.5K | — | — |
| Diamond Lawrence J Co-Chief Operating Officer | COO | 160.2K | — | — |
| Gavinet Andres Chief Accounting Officer | Officer | 112.5K | — | — |
| Cole John Hart Co-President, & Co-RMD | Officer | 108.9K | — | — |
| Hakman Joseph Co-Chief Operating Officer | COO | 99.2K | — | — |
| Nelson Jesse J. EVP - RMD | Officer | 98.6K | — | — |
| CIRUZZI VINCENT Chief Development Officer | Officer | 73.1K | — | — |
| Clem Jackie B. General Counsel & Secretary | Officer | 73K | — | — |
| Lee Orraparn C. EVP - Accounting | Officer | 68.8K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-09 | Binda Marc E (CFO) | Planned sale (10b5-1) | 2,000 | $54.00 | $108K |
| 2026-05-06 | MARCUS JOEL S (Officer) | Open-market buy | 3,511 | $46.74 | $164K |
| 2026-05-06 | MARCUS JOEL S (Officer) | Open-market buy | 3,989 | $45.99 | $183K |
| 2026-05-05 | MARCUS JOEL S (Officer) | Open-market buy | 1,606 | $43.70 | $70K |
| 2026-05-05 | MARCUS JOEL S (Officer) | Open-market buy | 2,062 | $41.89 | $86K |
| 2026-05-05 | MARCUS JOEL S (Officer) | Open-market buy | 3,832 | $42.76 | $164K |
| 2026-05-04 | MARCUS JOEL S (Officer) | Open-market buy | 10K | $41.02 | $410K |
| 2026-04-30 | Thomas Gregory Calvin (Officer) | Open-market buy | 3,500 | $41.00 | $144K |
| 2026-04-17 | Kuhn Hallie E. (Officer) | Planned sale (10b5-1) | 536 | $48.20 | $26K |
| 2026-02-27 | Gossett Bret E. (Officer) | Discretionary sale | 4,702 | $53.55 | $252K |
| 2026-02-12 | MARCUS JOEL S (Officer) | Open-market buy | 7,700 | $54.31 | $418K |
| 2026-02-12 | MARCUS JOEL S (Officer) | Open-market buy | 17.3K | $53.74 | $930K |
| 2025-12-16 | Alsbrook Madeleine Thorp (Officer) | Discretionary sale | 3,486 | $46.15 | $161K |
| 2025-12-10 | McGrath Sheila K. (Director) | Open-market buy | 3,100 | $45.60 | $141K |
| 2024-12-16 | Moglia Peter M (CEO) | Discretionary sale | 10K | $102.26 | $1M |
| 2024-12-16 | Alsbrook Madeleine Thorp (Officer) | Discretionary sale | 4,360 | $102.34 | $446K |
| 2024-12-11 | Gavinet Andres (Officer) | Discretionary sale | 9,999 | $103.25 | $1M |
| 2024-12-11 | Ryan Daniel J (Officer) | Discretionary sale | 10K | $103.31 | $1M |
| 2024-12-10 | Gavinet Andres (Officer) | Discretionary sale | 10K | $105.32 | $1.1M |
| 2024-12-09 | Kass Hunter (Officer) | Discretionary sale | 5,000 | $106.13 | $531K |
| 2024-09-16 | Cain James P (Director) | Discretionary sale | 340 | $124.87 | $42K |
| 2024-09-13 | CIRUZZI VINCENT (Officer) | Discretionary sale | 6,941 | $123.29 | $856K |
| 2024-03-13 | Lee Orraparn C. (Officer) | Discretionary sale | 3,000 | $126.67 | $380K |
| 2024-03-01 | Moglia Peter M (CEO) | Discretionary sale | 3,200 | $122.90 | $393K |
| 2024-02-26 | MARCUS JOEL S (Officer) | Discretionary sale | 7,500 | $118.92 | $892K |
| 2023-12-15 | Cain James P (Director) | Discretionary sale | 660 | $131.05 | $86K |
| 2023-12-13 | Ryan Daniel J (Officer) | Discretionary sale | 10K | $118.07 | $1.2M |
| 2023-12-13 | Fukuzaki-Carlson Kristina (Officer) | Discretionary sale | 2,500 | $117.03 | $293K |
| 2023-12-04 | Alsbrook Madeleine Thorp (Officer) | Discretionary sale | 4,854 | $119.55 | $580K |
| 2023-05-08 | MARCUS JOEL S (Officer) | Discretionary sale | 7,500 | $122.20 | $917K |
| 2023-02-07 | MARCUS JOEL S (Officer) | Discretionary sale | 9,000 | $168.00 | $1.5M |
| 2023-02-07 | Cunningham John H (Officer) | Discretionary sale | 7,800 | $165.78 | $1.3M |
| 2023-02-06 | Binda Marc E (Officer) | Discretionary sale | 3,298 | $167.21 | $551K |
| 2023-02-06 | Kass Hunter (Officer) | Discretionary sale | 3,803 | $167.45 | $637K |
| 2023-02-06 | Lee Orraparn C. (Officer) | Discretionary sale | 4,800 | $167.11 | $802K |
| 2022-12-15 | CIRUZZI VINCENT (Officer) | Discretionary sale | 1,246 | $151.30 | $189K |
| 2022-12-15 | CIRUZZI VINCENT (Officer) | Discretionary sale | 5,752 | $150.64 | $866K |
| 2022-12-14 | Shigenaga Dean A (CFO) | Discretionary sale | 9,000 | $152.51 | $1.4M |
| 2022-12-13 | Moglia Peter M (CEO) | Discretionary sale | 2,000 | $151.89 | $304K |
| 2022-12-12 | MARCUS JOEL S (Officer) | Discretionary sale | 6,500 | $150.00 | $975K |
| 2022-12-08 | Cunningham John H (Officer) | Discretionary sale | 3,939 | $147.98 | $583K |
| 2022-12-05 | MARCUS JOEL S (Officer) | Discretionary sale | 2,500 | $152.00 | $380K |
| 2022-12-01 | Binda Marc E (Officer) | Discretionary sale | 3,316 | $154.00 | $511K |
| 2022-08-11 | CIRUZZI VINCENT (Officer) | Discretionary sale | 2,016 | $167.83 | $338K |
| 2022-07-29 | Freire Maria C (Director) | Discretionary sale | 289 | $164.59 | $48K |
| 2022-07-28 | Freire Maria C (Director) | Discretionary sale | 2,311 | $163.04 | $377K |
| 2022-07-27 | Clem Jackie B. (Officer) | Discretionary sale | 794 | $156.60 | $124K |
| 2022-05-09 | Richardson Stephen (CEO) | Discretionary sale | 5,000 | $171.47 | $857K |
| 2022-04-27 | Clem Jackie B. (Officer) | Discretionary sale | 1,865 | $189.55 | $354K |
| 2022-03-16 | Cain James P (Director) | Discretionary sale | 425 | $193.26 | $82K |
| 2022-02-25 | Binda Marc E (Officer) | Discretionary sale | 3,234 | $191.09 | $618K |
| 2022-02-24 | Diamond Lawrence J (COO) | Discretionary sale | 3,950 | $190.21 | $751K |
| 2022-02-18 | CIRUZZI VINCENT (Officer) | Discretionary sale | 3,593 | $185.68 | $667K |
| 2022-02-18 | Hakman Joseph (COO) | Discretionary sale | 2,435 | $186.00 | $453K |
| 2022-02-17 | Moglia Peter M (CEO) | Discretionary sale | 1,300 | $186.58 | $243K |
| 2022-02-17 | Moglia Peter M (CEO) | Discretionary sale | 1,450 | $185.97 | $270K |
| 2022-02-16 | Moglia Peter M (CEO) | Discretionary sale | 259 | $187.28 | $49K |
| 2022-02-16 | Moglia Peter M (CEO) | Discretionary sale | 691 | $186.70 | $129K |
| 2022-02-16 | Moglia Peter M (CEO) | Discretionary sale | 798 | $185.17 | $148K |
| 2022-02-16 | Moglia Peter M (CEO) | Discretionary sale | 1,002 | $184.39 | $185K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.