Form 4: EVP & CFO Stanfield Reports AIV Stock Disposition

Apartment Investment & Management Co.'s EVP and CFO, Lynn Stanfield, reported the disposition of Class A Common Stock to cover tax withholding obligations.

Summary

• Lynn Stanfield, Executive Vice President and Chief Financial Officer of Apartment Investment & Management Co. (AIV), filed a Form 4 reporting transactions involving Class A Common Stock.
• On January 31, 2026, Stanfield disposed of 2,673 shares of Class A Common Stock at a price of $5.88 per share.
• On February 1, 2026, an additional 17,649 shares of Class A Common Stock were disposed of at $5.88 per share.
• These dispositions were coded 'F', indicating they were made to satisfy tax withholding obligations related to equity awards.
• Following these transactions, Stanfield directly beneficially owns 494,559 shares and indirectly owns 2,031 shares through a 401(K) plan, based on a plan statement dated January 31, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax-related disposition of shares by an executive, which does not reflect a change in company fundamentals or executive sentiment towards the stock.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that routine insider transactions like tax-related dispositions are common for executives receiving equity compensation and typically do not signal significant shifts in company strategy or broader industry trends within the real estate investment trust (REIT) sector.

Related Party Transactions

• The disposition of shares to the issuer to satisfy tax withholding obligations is a transaction between a related party (executive) and the company, which is a common and non-discretionary aspect of equity compensation.

Stakeholder Impact

• Shareholders may note the change in the executive's direct beneficial ownership, but the nature of the transaction (tax withholding) suggests minimal impact on overall shareholder sentiment or company operations.

Key Dates

Recommendation

The reported transactions are routine dispositions of shares by an executive to cover tax withholding obligations, which is a common practice and does not indicate a change in the company's fundamental value or the executive's long-term view of the stock. Therefore, a 'hold' recommendation is appropriate as this filing provides no new information to alter an existing investment thesis.

Keywords

AIV, Apartment Investment & Management Co., Lynn Stanfield, Form 4, insider transaction, stock disposition, tax withholding, executive compensation