---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-281281"
form_type: "8-K"
ticker: "EQR"
cik: "0000906107"
company_name: "EQUITY RESIDENTIAL"
filed_at: "2024-12-18T23:59:59+00:00"
generated_at: "2026-05-29T02:12:17.418403+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Equity Residential adopts executive severance plan; raises commercial paper cap to $1.5B

## Summary
- New severance plan covers CEO (2.0x multiple, 24-month pay period) and eligible EVPs (1.5x, 18 months) on qualifying termination without cause or for good reason.
- Commercial paper program maximum aggregate outstanding increased from $1.0B to $1.5B, effective Dec 18, 2024.
- Plan effective Dec 12, 2024; does not supersede existing change-in-control agreements.

## SEC filing metadata
- accession: 0001193125-24-281281
- form_type: 8-K
- ticker: EQR
- cik: 0000906107
- company_name: EQUITY RESIDENTIAL
- filed_at: 2024-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906107/000119312524281281/0001193125-24-281281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906107/000119312524281281/d865931d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-281281
- JSON: https://secwatch.observer/filing/0001193125-24-281281.json
- Plain text: https://secwatch.observer/filing/0001193125-24-281281.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.