IPO - EQUITY RESIDENTIAL

Form Type: 424B5

Filing Date: 2025-05-15

Corporate Action: Ipo

Type: New

Accession Number: 000119312525120358

Filing Summary: Equity Residential filed a prospectus supplement detailing a distribution agreement on May 15, 2025, to sell up to 13,000,000 Common Shares through multiple financial institutions acting as Sales Agents and Forward Sellers. These shares had been previously registered but remained unsold under an earlier prospectus supplement. The Sales Agents and Forward Sellers will conduct the offerings at market prices, and the company expects to use proceeds for working capital and general corporate purposes, including the acquisition and development of multifamily properties and the reduction of debt. This offering is structured to assist in qualifying as a real estate investment trust (REIT), with specific risks noted regarding the potential dilution due to forward sales agreements. The Common Shares are listed on the NYSE under the symbol 'EQR'.