Vivmark Residential EVP & General Counsel Awarded Equity and Restricted Units

Executive Summary

On August 31, 2026, Scott Fenster, EVP & General Counsel of Vivmark Residential ($VMRK), was awarded 4,584 Common Shares of Beneficial Interest at $0.00 per share pursuant to the settlement of an award under the Company's 2025 Long-Term Incentive Plan. In addition, Mr. Fenster acquired an aggregate of 28,422 Restricted Units (RUs) in ERP Operating Limited Partnership across three LTIP cycles (2024, 2025, and 2026 plans).

Transaction Breakdown

• Non-Derivative Common Shares:
  • Acquired: 4,584 shares (Code A) at $0.00.
  • Post-Transaction Direct Ownership: 23,022 shares.
  • Indirect Ownership: 28,514 shares held via Revocable Trust; 360 shares held via 401(k) Plan.
• Derivative Awards (Restricted Units):
  • 9,233 RUs (2024 LTIP settlement, vesting January 4, 2027, expiring January 1, 2034).
  • 4,792 RUs (2025 LTIP settlement, vesting January 3, 2028, expiring January 1, 2035).
  • 14,397 RUs (2026 LTIP settlement, vesting January 2, 2029, expiring January 1, 2036).

Significance

This filing represents standard executive equity compensation grant activity and LTIP settlements with multi-year vesting schedules. Because it does not involve open-market purchases or sales, the trading significance is evaluated as Low.