Form 4: AvalonBay Communities CFO Kevin P. O'Shea Reports Stock Sales
SEC Form 4 Filing
Kevin P. O'Shea, CFO of AvalonBay Communities, sold 10,000 shares of common stock in two transactions on August 5th and 6th, 2024.
Summary
- On August 5, 2024, Kevin P. O'Shea, the Chief Financial Officer of AvalonBay Communities, Inc., sold 5,000 shares of common stock at a weighted average price of $209.4922 per share.
- The sale was executed in multiple trades with prices ranging from $209.49 to $209.515.
- Following this transaction, O'Shea directly owned 26,415.3627 shares of common stock.
- On August 6, 2024, O'Shea sold another 5,000 shares of common stock at a price of $208.9 per share.
- After the second transaction, O'Shea directly owned 21,415.3627 shares of common stock.
- The sales were reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by investors to track the buying and selling of company stock by its officers and directors. It is difficult to determine the reasons for the sale without further information.
Stakeholder Impact
- The stock sales by a high-ranking officer could be interpreted in various ways by shareholders, potentially influencing investor confidence.
Key Dates
| Date | Description |
|---|---|
| 12/13/2012 | Date of Power of Attorney granted to Edward M. Schulman |
| 08/05/2024 | Date of first stock sale transaction (5,000 shares) |
| 08/06/2024 | Date of second stock sale transaction (5,000 shares) |
| 08/07/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.