The company said it entered into a Distribution Agreement on May 15, 2025 that continues its existing ATM Program, allowing it to sell up to 13,000,000 common shares of beneficial interest from time to time in "at the market" offerings or other transactions.

1. 01

   The company said it entered into a Distribution Agreement on May 15, 2025 that continues its existing ATM Program, allowing it to sell up to 13,000,000 common shares of beneficial interest from time to time in "at the market" offerings or other transactions.

2. 02

   Equity Residential said it will not initially receive any proceeds while a Forward Seller sells borrowed shares. It expects to receive aggregate net cash proceeds equal to the number of shares underlying each forward sale agreement multiplied by the forward sale price if it fully physically settles that agreement.

3. 03

   The company said each Agent's commission will not exceed 2.0% of the gross sales price of shares sold through that Agent. It also said Forward Seller commissions, at a mutually agreed rate, will not exceed 2.0% and will be paid as a reduced initial forward sale price.

4. 04

   The company said the automatic shelf registration statement on Form S-3 filed on May 13, 2025 is intended to replace its existing registration, which was set to expire on May 17. It also said it maintains a share repurchase program authorized for up to 13,000,000 common shares.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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