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Michael Manelis Sells 5,765 Shares of Equity Residential (NYSE:EQR) Stock
Equity Residential COO Michael Manelis sold 5,765 shares of the company’s stock for $375,474.45, reducing his stake by 11.11%. The REIT recently reported Q4 EPS of $1.03, slightly missing estimates, with revenue of $781.91 million and has issued guidance for Q1 and FY 2026. Equity Residential also declared a quarterly dividend annualized at $2.77, offering a 4.3% yield.