Form 4: AvalonBay Communities CFO Kevin P. O'Shea Reports Stock Grants and Performance Share Unit Earnings
SEC Form 4 Filing
Chief Financial Officer of AvalonBay Communities, Kevin P. O'Shea, reports acquisition of common stock through restricted stock grants and performance share units.
Summary
- Kevin P. O'Shea, CFO of AvalonBay Communities, reported changes in beneficial ownership of company stock on February 26, 2025.
- He acquired 4,633 shares of common stock through a restricted stock grant under the company's 2009 Equity Incentive Plan.
- These shares are subject to vesting requirements.
- O'Shea also acquired 7,636 shares of common stock earned through previously awarded performance share units under the same plan.
- Following these transactions, O'Shea directly owns 33,783.1768 shares of AvalonBay Communities stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests.
Positives
- The acquisition of shares through restricted stock and performance share units aligns the CFO's interests with the company's performance and long-term success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their alignment with shareholder interests.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| December 13, 2012 | Date of Power of Attorney granted to Edward M. Schulman. |
| February 26, 2025 | Date of stock grant and performance share unit earnings. |
| February 28, 2025 | Date of signature on the Form 4 filing. |
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