Form 4: AvalonBay Communities COO Sean J. Breslin Reports Stock Disposal

Sean J. Breslin, Chief Operating Officer of AvalonBay Communities, disposed of 150 shares of common stock on November 19, 2024.

Summary

• Sean J. Breslin, the Chief Operating Officer of AvalonBay Communities, Inc., reported a transaction involving the company's common stock.
• On November 19, 2024, Mr. Breslin disposed of 150 shares of common stock.
• The disposal was a gift, and the price per share was $0.
• Following this transaction, Mr. Breslin directly owns 59,434.5082 shares of AvalonBay common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding a stock disposal by an executive. It doesn't indicate any positive or negative sentiment about the company's performance or future outlook.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, such as AvalonBay Communities, and are required by the SEC to ensure transparency of insider trading.
• Similar filings are made by executives at comparable companies like Equity Residential (EQR) and Essex Property Trust (ESS) when they engage in transactions involving their company's stock.
• The reporting requirements and format are consistent across all companies, allowing for easy comparison of insider activity.

Stakeholder Impact

• This transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive.
• The filing provides transparency to the market regarding insider transactions.

Key Dates

Keywords

AvalonBay Communities, AVB, Sean J. Breslin, stock disposal, Form 4, insider trading, common stock, chief operating officer