March 1, 2024 · Form 4 insider transaction
Shea Keri A sold 151 shares of AvalonBay Communities, Inc. at $178.14 per share, a transaction worth $26.9K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 297 days after the transaction.
Reflects withholding of shares by the Company to cover tax withholding obligations on the vesting of restricted stock and performance share unit awards that were awarded to Spouse under the 2009 Plan.; The amount of securities owned following the reported transaction reflects deemed indirect ownership of all shares of common stock, including restricted shares, held by Spouse as of the date hereof. The amount includes the aggregate number of shares now owned that were originally acquired by Spouse through the ESPP (including shares held in the ESPP and acquired through participation in the Company's dividend reinvestment program) from 2012 through the date hereof and reflects the impact of the sale of 861 shares of common stock by Spouse on August 6, 2024. The reporting person disclaims beneficial ownership of shares held by Spouse.