Form 4: Apartment Investment & Management Co: CEO Wesley Powell Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Wesley Powell, President and CEO of Apartment Investment & Management Co, reports changes in beneficial ownership of company stock, including a disposition of shares to cover tax obligations.
Summary
- On April 15, 2025, Wesley William Powell, the President and CEO of Apartment Investment & Management Co (AIV), reported a transaction involving Class A Common Stock.
- Powell disposed of 89,814 shares of Class A Common Stock at a price of $7.7 per share.
- This transaction resulted in Powell owning 618,455 shares of Class A Common Stock following the reported transaction.
- Powell also reported owning 49 shares of Class A Common Stock indirectly through a 401(k) plan as of January 31, 2025.
- The filing indicates that Powell is a director and officer (President and CEO) of the issuer.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently indicate positive or negative performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of last transaction related to shares held through 401(K) plan |
| 04/15/2025 | Date of transaction involving disposition of Class A Common Stock |
| 04/16/2025 | Date of signature on the report |
Keywords
Beneficial Ownership, Form 4, SEC Filing, Apartment Investment & Management Co, AIV, Wesley Powell, Stock Transaction, Class A Common Stock
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