Form 4: Apartment Investment & Management Co: Officer Dreyer Reports Stock Disposals
SEC Form 4 Filing
Kellie Dreyer, Senior Vice President and CAO of Apartment Investment & Management Co, reports the disposal of Class A Common Stock to cover tax obligations.
Summary
- Kellie Dreyer, a Senior Vice President and CAO at Apartment Investment & Management Co (AIV), filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of Class A Common Stock on January 31, 2025, February 1, 2025, and February 2, 2025.
- These disposals were likely to cover tax obligations, as indicated by transaction code 'F'.
- The prices at which the stock was disposed of were $9.11 and $9.04.
- Following these transactions, Dreyer directly owns 85,228 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals, likely for tax obligations, which is a common practice.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Earliest transaction date; disposal of Class A Common Stock at $9.11. |
| 02/01/2025 | Disposal of Class A Common Stock at $9.04. |
| 02/02/2025 | Disposal of Class A Common Stock at $9.04. |
| 02/03/2025 | Date of signature by attorney-in-fact. |
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