Former Insider Mark J. Parrell Files Form 144 to Sell $5.31M in Vivmark Residential

Executive Summary

On September 11, 2026, Mark J. Parrell, a Former Officer & Director of VIVMARK RESIDENTIAL, filed SEC Form 144 providing notice of an intended sale of 80,852 shares of Common Stock, representing an aggregate market value of approximately $5.31 million.

Transaction Details

• Security: Common Stock
• Total Shares to Be Sold: 80,852
• Estimated Aggregate Market Value: $5,310,874.09
• Implied Price per Share: ~$65.69
• Broker: Fidelity Brokerage Services LLC
• Securities Exchange: NYSE
• Securities Origin: Acquired via Restricted Stock Vesting (11,233 shares in 2019; 11,076 shares in August 2026; 56,960 shares in August 2026) and Employee Stock Purchase Plan (1,583 shares in May 2022).

Historical Context & Prior Sales

In the three months preceding this notice, the insider completed the following open-market sales:

• August 26, 2026: 8,833 shares for gross proceeds of $596,435.96 (~$67.52/share)
• September 01, 2026: 45,137 shares for gross proceeds of $2,946,335.73 (~$65.28/share)

Market Significance

With 374,944,409 shares outstanding, the 80,852 shares proposed for sale represent approximately 0.02% of the issuer's outstanding equity. While the sale does not pose substantial dilution or liquidity strain, it represents continued monetization of vested equity following the insider's transition out of officer and director roles.