What the executives and directors of Equity Residential 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 |
|---|---|---|---|---|
| Brackenridge Alexander Executive Vice President & CIO | Officer | 89.3K | — | — |
| NEITHERCUT DAVID J President & CEO | CEO | 83.2K | — | — |
| Altshuler Barry Executive Vice President | Officer | 44.7K | — | — |
| Manelis Michael L Executive Vice President & COO | COO | 43.7K | — | $530K |
| Parrell Mark J. President & CEO | CEO | 41.9K | — | — |
| NEAL JOHN E | Director | 37K | — | — |
| Kaufman Ian Chief Accounting Officer | Officer | 29.6K | — | $58K |
| McLeod Bret EVP & Chief Financial Officer | CFO | 26.4K | — | — |
| BYNOE LINDA | Director | 25.8K | — | — |
| STERRETT STEPHEN E | Director | 24.6K | — | — |
| SHAPIRO MARK S | Director | 18.9K | — | — |
| Garechana Robert EVP & Chief Investment Officer | Officer | 18.7K | — | $237K |
| Fenster Scott EVP & General Counsel | Officer | 18.4K | — | — |
| Carraway Catherine EVP & CHRO | Officer | 15.9K | — | $90K |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-02-18 | Kaufman Ian (Officer) | Discretionary sale | 909 | $63.56 | $58K |
| 2026-02-18 | Manelis Michael L (COO) | Discretionary sale | 2,429 | $63.56 | $154K |
| 2026-02-18 | Carraway Catherine (Officer) | Discretionary sale | 749 | $63.56 | $48K |
| 2026-02-10 | Manelis Michael L (COO) | Discretionary sale | 5,765 | $65.13 | $375K |
| 2026-02-10 | Garechana Robert (Officer) | Discretionary sale | 3,637 | $65.13 | $237K |
| 2026-02-10 | Carraway Catherine (Officer) | Discretionary sale | 656 | $65.13 | $43K |
| 2025-05-01 | Carraway Catherine (Officer) | Discretionary sale | 1,007 | $70.55 | $71K |
| 2025-03-17 | Garechana Robert (CFO) | Open-market buy | 4 | $69.81 | $279 |
| 2025-02-06 | Kaufman Ian (Officer) | Discretionary sale | 642 | $72.06 | $46K |
| 2025-02-06 | Brackenridge Alexander (Officer) | Discretionary sale | 5,689 | $72.06 | $410K |
| 2025-02-06 | Brackenridge Alexander (Officer) | Discretionary sale | 6,770 | $72.06 | $488K |
| 2025-02-06 | Manelis Michael L (COO) | Discretionary sale | 1,833 | $72.06 | $132K |
| 2025-02-06 | Manelis Michael L (COO) | Discretionary sale | 3,404 | $72.06 | $245K |
| 2025-02-06 | Manelis Michael L (COO) | Discretionary sale | 4,250 | $72.09 | $306K |
| 2025-02-06 | Fenster Scott (Officer) | Discretionary sale | 1,955 | $72.06 | $141K |
| 2025-02-06 | Fenster Scott (Officer) | Discretionary sale | 3,385 | $72.06 | $244K |
| 2025-02-06 | Garechana Robert (CFO) | Discretionary sale | 1,693 | $72.06 | $122K |
| 2025-02-06 | Garechana Robert (CFO) | Discretionary sale | 2,601 | $72.06 | $187K |
| 2025-02-06 | Carraway Catherine (Officer) | Discretionary sale | 362 | $72.06 | $26K |
| 2025-02-06 | Carraway Catherine (Officer) | Discretionary sale | 483 | $72.06 | $35K |
| 2025-02-05 | STERRETT STEPHEN E (Director) | Discretionary sale | 2,101 | $72.21 | $152K |
| 2024-11-07 | Manelis Michael L (COO) | Discretionary sale | 2,000 | $71.50 | $143K |
| 2024-08-28 | Carraway Catherine (Officer) | Discretionary sale | 1,000 | $74.20 | $74K |
| 2024-08-22 | Brackenridge Alexander (Officer) | Planned sale (10b5-1) | 11.2K | $72.52 | $813K |
| 2024-08-21 | Kaufman Ian (Officer) | Discretionary sale | 1,837 | $72.00 | $132K |
| 2024-08-21 | Kaufman Ian (Officer) | Discretionary sale | 4,647 | $72.00 | $335K |
| 2024-08-21 | Fenster Scott (Officer) | Discretionary sale | 2,986 | $72.00 | $215K |
| 2024-08-07 | Manelis Michael L (COO) | Discretionary sale | 3,000 | $71.25 | $214K |
| 2024-06-24 | Garechana Robert (CFO) | Discretionary sale | 6,357 | $69.08 | $439K |
| 2024-05-31 | BYNOE LINDA (Director) | Discretionary sale | 3,241 | $64.23 | $208K |
| 2024-04-26 | HABEN MARY KAY (Director) | Discretionary sale | 3,241 | $65.48 | $212K |
| 2024-04-24 | Brackenridge Alexander (Officer) | Planned sale (10b5-1) | 4,027 | $65.01 | $262K |
| 2024-02-13 | Kaufman Ian (Officer) | Discretionary sale | 716 | $57.80 | $41K |
| 2024-02-13 | Fenster Scott (Officer) | Discretionary sale | 829 | $57.80 | $48K |
| 2024-02-13 | Garechana Robert (CFO) | Discretionary sale | 876 | $57.80 | $51K |
| 2024-02-13 | Carraway Catherine (Officer) | Discretionary sale | 291 | $57.80 | $17K |
| 2024-02-05 | Manelis Michael L (COO) | Discretionary sale | 1,639 | $59.43 | $97K |
| 2024-02-05 | Carraway Catherine (Officer) | Discretionary sale | 49 | $59.43 | $3K |
| 2023-12-15 | NEITHERCUT DAVID J (Director) | Discretionary sale | 36.6K | $60.94 | $2.2M |
| 2023-12-07 | NEITHERCUT DAVID J (Director) | Discretionary sale | 25K | $58.18 | $1.5M |
| 2023-11-21 | NEITHERCUT DAVID J (Director) | Discretionary sale | 25K | $56.00 | $1.4M |
| 2023-11-14 | NEITHERCUT DAVID J (Director) | Discretionary sale | 1,748 | $57.26 | $100K |
| 2023-11-14 | NEITHERCUT DAVID J (Director) | Discretionary sale | 23.3K | $56.45 | $1.3M |
| 2023-11-10 | NEITHERCUT DAVID J (Director) | Discretionary sale | 25K | $54.25 | $1.4M |
| 2023-08-11 | Manelis Michael L (COO) | Discretionary sale | 2,500 | $66.04 | $165K |
| 2023-05-04 | SHAPIRO MARK S (Director) | Discretionary sale | 6,481 | $61.87 | $401K |
| 2023-05-04 | SHAPIRO MARK S (Director) | Discretionary sale | 6,704 | $61.72 | $414K |
| 2023-05-04 | SHAPIRO MARK S (Director) | Discretionary sale | 29.3K | $61.96 | $1.8M |
| 2023-02-16 | HABEN MARY KAY (Director) | Discretionary sale | 3,354 | $66.23 | $222K |
| 2023-02-14 | Kaufman Ian (Officer) | Discretionary sale | 687 | $66.28 | $46K |
| 2023-02-14 | Brackenridge Alexander (Officer) | Discretionary sale | 3,325 | $66.28 | $220K |
| 2023-02-14 | Manelis Michael L (COO) | Discretionary sale | 2,276 | $66.28 | $151K |
| 2023-02-14 | Fenster Scott (Officer) | Discretionary sale | 1,410 | $66.28 | $93K |
| 2023-02-14 | Garechana Robert (CFO) | Discretionary sale | 2,519 | $66.28 | $167K |
| 2023-02-14 | Carraway Catherine (Officer) | Discretionary sale | 134 | $66.28 | $9K |
| 2022-12-14 | NEITHERCUT DAVID J (Director) | Discretionary sale | 14.5K | $65.00 | $941K |
| 2022-12-12 | NEITHERCUT DAVID J (Director) | Discretionary sale | 15K | $63.50 | $953K |
| 2022-12-08 | NEITHERCUT DAVID J (Director) | Discretionary sale | 20K | $62.50 | $1.3M |
| 2022-12-08 | NEITHERCUT DAVID J (Director) | Discretionary sale | 20K | $63.00 | $1.3M |
| 2022-08-16 | Fenster Scott (Officer) | Discretionary sale | 1,963 | $80.03 | $157K |
“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.