Form 4: AIV Executive Jennifer Johnson Reports Stock Award and Sale

Jennifer Johnson, EVP, CAO, and General Counsel of Apartment Investment & Management Co., reported the acquisition of 35,904 shares as part of a long-term incentive award and the disposition of 2,283 shares.

Summary

• Jennifer Johnson, EVP, CAO, and General Counsel of Apartment Investment & Management Co. (AIV), reported transactions involving Class A Common Stock.
• Acquired 35,904 shares of Class A Common Stock on January 28, 2026, as part of a stock award.
• The stock award is connected to a portion of 2023 long-term incentive compensation, subject to total shareholder return criteria, and vests 100% on February 1, 2026.
• Disposed of 2,283 shares of Class A Common Stock on January 28, 2026, at a price of $5.85 per share.
• Following these transactions, Jennifer Johnson beneficially owns 344,786 shares of Class A Common Stock directly.
• The transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While there's a disposition of shares, it's likely for tax purposes, and the underlying acquisition is part of a performance-based long-term incentive, aligning executive interests with shareholders.

Positives

• The acquisition of 35,904 shares as a stock award aligns executive incentives with shareholder interests, demonstrating commitment to long-term performance.
• The award is tied to total shareholder return criteria, indicating a performance-based compensation structure.

Negatives

• The disposition of 2,283 shares, likely for tax withholding purposes related to the stock award, reduces the executive's direct ownership, though this is a common practice.

Future Outlook

The acquired shares are part of a long-term incentive plan and are scheduled to vest 100% on February 1, 2026, contingent on satisfaction of total shareholder return criteria.

Management Comments

• The reported transactions reflect Jennifer Johnson's participation in the company's long-term incentive compensation plan, aligning her interests with the company's performance and shareholder value.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for publicly traded companies, detailing changes in beneficial ownership by insiders. These transactions, particularly those under Rule 10b5-1(c) plans, are common for executive compensation and tax planning, and generally do not indicate a significant shift in company outlook or strategy.

Stakeholder Impact

• Shareholders: The long-term incentive award aligns the interests of a key executive with shareholder value creation, as the vesting is tied to total shareholder return criteria.
• Employees (Executive): Jennifer Johnson's compensation package includes performance-based equity, reflecting standard executive incentive structures.

Next Steps

• The 35,904 shares acquired as a stock award are scheduled to vest 100% on February 1, 2026, subject to total shareholder return criteria.

Key Dates

Keywords

AIV, Apartment Investment & Management Co., Jennifer Johnson, Form 4, Insider Transaction, Executive Compensation, Stock Award, Rule 10b5-1(c)