Essex Property Trust, Inc. Announces 2024 Annual Meeting of Stockholders

Ticker: ESS · Form: DEF 14A · Filed: 2024-03-28T00:00:00.000Z

Sentiment: neutral

Topics: Proxy Statement, Annual Meeting, Stockholder Vote, Essex Property Trust, DEF 14A

TL;DR

<b>Essex Property Trust, Inc. will hold its 2024 virtual Annual Meeting of Stockholders on May 14, 2024, urging shareholders to review materials and vote.</b>

AI Summary

ESSEX PROPERTY TRUST, INC. (ESS) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. The 2024 Annual Meeting of Stockholders for Essex Property Trust, Inc. will be held virtually on May 14, 2024, at 1:00 p.m. Pacific Time. Proxy materials are being furnished to stockholders over the Internet, with a Notice of Internet Availability mailed on or about March 28, 2024. Stockholders are urged to review the proxy materials and vote on the proposals presented at the meeting. Proxies can be authorized via the Internet prior to 11:59 p.m. Eastern Time on May 13, 2024. The company is a Maryland corporation with its principal executive offices located in San Mateo, California.

Why It Matters

For investors and stakeholders tracking ESSEX PROPERTY TRUST, INC., this filing contains several important signals. This filing is a Definitive Proxy Statement (DEF 14A), indicating it contains important information for shareholders regarding the upcoming annual meeting and voting procedures. The company is providing proxy materials electronically to most stockholders, a common practice to reduce costs and environmental impact, requiring active engagement from shareholders to access and review information.

Risk Assessment

Risk Level: low — ESSEX PROPERTY TRUST, INC. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational disclosures that would suggest high risk.

Analyst Insight

Review the proxy statement for details on proposals, executive compensation, and voting instructions to make an informed decision before the May 13th deadline.

Key Numbers

2024 — Annual Meeting Year (The year of the annual meeting of stockholders.)
May 14 — Annual Meeting Date (The date the virtual annual meeting will be held.)
1:00 p.m. Pacific Time — Annual Meeting Time (The time the virtual annual meeting will commence.)
March 28, 2024 — Mailing Date (The approximate date proxy materials are mailed.)
May 13, 2024 — Proxy Deadline (The deadline for authorizing proxies.)

Key Players & Entities

ESSEX PROPERTY TRUST, INC. (company) — Registrant and filer of the proxy statement.
May 14, 2024 (date) — Date of the virtual 2024 annual meeting of stockholders.
March 28, 2024 (date) — Date proxy materials are being mailed to stockholders.
May 13, 2024 (date) — Deadline for authorizing proxies via the Internet.
San Mateo, California (location) — Location of the company's business and mail address.

FAQ

When did ESSEX PROPERTY TRUST, INC. file this DEF 14A?

ESSEX PROPERTY TRUST, INC. filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ESSEX PROPERTY TRUST, INC. (ESS).

Where can I read the original DEF 14A filing from ESSEX PROPERTY TRUST, INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ESSEX PROPERTY TRUST, INC..

What are the key takeaways from ESSEX PROPERTY TRUST, INC.'s DEF 14A?

ESSEX PROPERTY TRUST, INC. filed this DEF 14A on March 28, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for Essex Property Trust, Inc. will be held virtually on May 14, 2024, at 1:00 p.m. Pacific Time.. Proxy materials are being furnished to stockholders over the Internet, with a Notice of Internet Availability mailed on or about March 28, 2024.. Stockholders are urged to review the proxy materials and vote on the proposals presented at the meeting..

Is ESSEX PROPERTY TRUST, INC. a risky investment based on this filing?

Based on this DEF 14A, ESSEX PROPERTY TRUST, INC. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational disclosures that would suggest high risk.

What should investors do after reading ESSEX PROPERTY TRUST, INC.'s DEF 14A?

Review the proxy statement for details on proposals, executive compensation, and voting instructions to make an informed decision before the May 13th deadline. The overall sentiment from this filing is neutral.

How does ESSEX PROPERTY TRUST, INC. compare to its industry peers?

Essex Property Trust, Inc. operates as a Real Estate Investment Trust (REIT) focused on apartment buildings in the Western United States.

Are there regulatory concerns for ESSEX PROPERTY TRUST, INC.?

As a publicly traded company, Essex Property Trust, Inc. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for annual shareholder meetings.

Industry Context

Essex Property Trust, Inc. operates as a Real Estate Investment Trust (REIT) focused on apartment buildings in the Western United States.

Regulatory Implications

As a publicly traded company, Essex Property Trust, Inc. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for annual shareholder meetings.

What Investors Should Do

Review the proxy statement for proposals to be voted on at the May 14, 2024 meeting.
Submit your proxy vote electronically by the May 13, 2024 deadline.
Access the virtual meeting at www.virtualshareholdermeeting.com/ESS2024 on May 14, 2024.

Key Dates

2024-05-14: 2024 Annual Meeting of Stockholders — Key date for stockholders to vote on company matters.
2024-03-28: Mailing of Notice of Internet Availability of Proxy Materials — Indicates when stockholders began receiving access to proxy materials.
2024-05-13: Proxy Authorization Deadline — Final date for stockholders to submit their votes electronically.

Year-Over-Year Comparison

This filing is a DEF 14A, which is a standard proxy statement for an annual meeting, and does not contain comparative financial data from a previous filing.

From the Filing

0001140361-24-016195.txt : 20240328 0001140361-24-016195.hdr.sgml : 20240328 20240328164625 ACCESSION NUMBER: 0001140361-24-016195 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 79 CONFORMED PERIOD OF REPORT: 20240514 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PROPERTY TRUST, INC. CENTRAL INDEX KEY: 0000920522 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770369576 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13106 FILM NUMBER: 24799902 BUSINESS ADDRESS: STREET 1: 1100 PARK PLACE STREET 2: SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 BUSINESS PHONE: 6506557800 MAIL ADDRESS: STREET 1: 1100 PARK PLACE STREET 2: SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 FORMER COMPANY: FORMER CONFORMED NAME: ESSEX PORTFOLIO LP DATE OF NAME CHANGE: 20181211 FORMER COMPANY: FORMER CONFORMED NAME: ESSEX PROPERTY TRUST INC DATE OF NAME CHANGE: 19940318 DEF 14A 1 ny20018132x1_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ Filed by a Party other than the Registrant   ☐ Check the appropriate box:   ☐   Preliminary Proxy Statement   ☐   Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒   Definitive Proxy Statement   ☐   Definitive Additional Materials   ☐   Soliciting Material pursuant to § 240.14a-12 Essex Property Trust, Inc. (Name of Registrant as Specified In Its Charter) N/A (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒   No fee required.   ☐   Fee paid previously with preliminary materials.   ☐   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. TABLE OF CONTENTS   TABLE OF CONTENTS   1100 Park Place, Suite 200 San Mateo, California 94403 March 28, 2024 Dear Stockholder: You are cordially invited to attend the virtual 2024 annual meeting of stockholders (the “Annual Meeting”) of Essex Property Trust, Inc., a Maryland corporation (the “Company”), to be held online at www.virtualshareholdermeeting.com/ESS2024 on May 14, 2024, at 1:00 p.m., Pacific Time. The attached notice of annual meeting and proxy statement describe the matters expected to be acted upon at the Annual Meeting. We urge you to review these materials carefully. This year we are again furnishing proxy materials to our stockholders over the Internet. On or about March 28, 2024, we are mailing to most of our stockholders a Notice of Internet Availability of Proxy Materials containing instructions on how to access our notice of annual meeting, proxy statement, and 2023 Annual Report to Stockholders and how to vote. Some stockholders may, if they have so previously requested, receive these materials via email or paper copies by mail. If you only received a Notice of Internet Availability of Proxy Materials by mail, the notice of annual meeting also contains instructions on how you can receive a paper copy of the proxy materials and 2023 Annual Report. Please use this opportunity to participate in the Annual Meeting by voting on the proposals to be presented. Whether or not you plan to attend the meeting virtually, please authorize your proxy via the Internet prior to 11:59 p.m. Eastern Time, on May 13, 2024, or if you are receiving a paper copy of the proxy statement, by tele