Company facts
- Industry
- Real Estate Investment Trusts
- Headquarters
- San Mateo, California
- Most recent report
- 10-Q, filed Oct 28, 2026
- Incorporated
- Maryland
- Filings on record
- 1,000+ filings
- On EDGAR
- CIK 920522
- Fiscal year ends
- December
- Filer status
- Large accelerated filer
Financials 8 of 56
News 8 of 194
- 8-K Quarterly results Oct 27, 2026
- 8-K Significant contract Sep 25, 2026
- 8-K Current report on a material event Sep 11, 2026
- 8-K Quarterly results Jul 29, 2026
- 8-K Current report on a material event May 29, 2026
- 8-K Shareholder vote results May 14, 2026
- 8-K Quarterly results Apr 28, 2026
- 8-K Quarterly results Feb 4, 2026
Prospectuses and Registrations 8 of 83
- 424B2 Prospectus supplement for an offering Dec 4, 2025
- FWP Free writing prospectus Dec 3, 2025
- 424B5 Prospectus supplement for an offering Dec 3, 2025
- 424B2 Prospectus supplement for an offering Feb 7, 2025
- FWP Free writing prospectus Feb 6, 2025
- 424B5 Prospectus supplement for an offering Feb 6, 2025
- 424B2 Prospectus supplement for an offering Aug 20, 2024
- FWP Free writing prospectus Aug 19, 2024
Proxies 8 of 31
- DEFA14A Extra proxy material Mar 27, 2026
- DEF 14A Proxy statement for a shareholder vote Mar 27, 2026
- DEFA14A Extra proxy material Mar 28, 2025
- DEF 14A Proxy statement for a shareholder vote Mar 28, 2025
- DEFA14A Extra proxy material Mar 28, 2024
- DEF 14A Proxy statement for a shareholder vote Mar 28, 2024
- DEFA14A Extra proxy material Mar 24, 2023
- DEF 14A Proxy statement for a shareholder vote Mar 24, 2023
Ownership 8 of 592
- 4 Insider reported a trade May 29, 2026
- 144 Notice of a proposed sale of restricted stock May 27, 2026
- SCHEDULE 13G/A Large holder reported a passive stake, amended May 15, 2026
- 4 Insider reported a trade May 14, 2026
- 4 Insider reported a trade May 14, 2026
- 4 Insider reported a trade May 14, 2026
- 4 Insider reported a trade May 14, 2026
- 4 Insider reported a trade May 14, 2026
Other 8 of 44
- ARS Annual report sent to shareholders Mar 27, 2026
- ARS Annual report sent to shareholders Mar 28, 2025
- ARS Annual report sent to shareholders Mar 28, 2024
- ARS Annual report sent to shareholders Mar 24, 2023
- UPLOAD Comment letter from SEC staff Apr 10, 2017
- CORRESP Reply to SEC staff Apr 6, 2017
- UPLOAD Comment letter from SEC staff Mar 30, 2017
- 305B2 Apr 6, 2016
What to read: Sep 2026 10-Q
SECSift found 4 of 13 sections worth reading, with 1 positive, 12 notable, and 2 negative flags.
Financial Statements (Item 1)
Settlement accruals, impairment, debt shifts, and buyback execution are all company-specific and material.Notable- Entered a new $275M unsecured term loan in Sep 2026, maturing Sep 2029 with two one-year extensions.
- Settled forward sale agreements under the 2024 ATM Program, issuing 52,600 shares for net proceeds of $16.4M.
- Repurchased and retired 254,001 shares for $61.9M in nine months 2026; new $500M buyback plan approved in May 2026.
- Subsequent to quarter end, acquired two apartment communities: 378 units in Oakland and 474 units in Hayward for $205.3M.
- Co-investment debt fell to $2.14B at Sep 2026 from $2.41B at Dec 2025; company guarantees $165.4M of co-investment loans.
Management's Discussion (Item 2)
Core FFO rose 0.8% to $4.00/share; Same-Property NOI +3.1%; $10.7M impairment; $500M buyback authorized.PositiveNotable- Equity income from co-investments fell 48.3% to $9.2M in Q3 2026, driven by lower preferred equity balances.
- G&A expense surged 113% to $109.7M for nine months, including $55.8M in legal settlements (RealPage + other).
- Interest expense rose 2.3% to $197.2M for nine months, reflecting new debt issuances offset by payoffs.
- No amounts drawn on $1.58B unsecured credit lines or $750M commercial paper program as of Sept 30, 2026.
- Development pipeline: $210.7M incurred, $135.3M remaining, total $346.0M for 543 apartment homes.
Market Risk (Item 3)
Contains specific hedging positions, notional amounts, and debt maturity profile with rates.Other Information (Item 5)
New severance plan with quantified payouts; CFO adopted a 10b5-1 plan.
What changed: Sep 2026 vs. Jun 2026
About 7% of ESS's Sep 2026 10-Q is new information. 28 paragraphs were added, 145 changed, and 14 removed. Below are the most important lines SECSift identified.
New
- Added Amended and Restated Essex Property Trust Inc. Executive Severance Plan.
- Added Term Loan Agreement dated September 24, 2026 among Essex Portfolio, L.P., Bank of America N.A. and other lenders.
- Added full Executive Severance Plan amendment and restatement approved Oct 23, 2026, with detailed severance terms.
Changed
- Accounts payable and accrued liabilities rose to $325.7M from $221.4M as of September 30, 2026 vs December 31, 2025.
- Gain on sale of real estate and land fell to $6.8M from $62.3M for the three months ended September 30, 2026 vs 2025.
- General and administrative expense decreased to $16.6M from $18.1M for the three months ended September 30, 2026 vs 2025.
- Hedged debt now includes $30.0 million of variable rate mortgage notes payable, not just the $600.0 million term loan.
- Interest and other income fell to $0.7M from $5.9M for the three months ended September 30, 2026 vs 2025.
Removed
- Prior filing had a $500M stock repurchase plan; current filing does not mention any repurchase plan.
- Prior filing included stock repurchases table with 48,261 shares bought at $242.47; current filing has none.
- Prior filing mentioned restricted stock vesting and OP Unit exchanges; current filing only covers option exercises.
Everything here comes from Essex Property Trust, Inc.'s own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Oct 29, 2026, from the 10-Q for Sep 2026.