Form 4: AvalonBay Communities Director Acquires Deferred Stock Units
SEC Form 4 Filing
Director Ronald L. Havner Jr. acquires 111 deferred stock units in AvalonBay Communities, Inc. in lieu of quarterly cash director's fee.
Summary
- Ronald L. Havner Jr., a director of AvalonBay Communities, Inc., acquired 111 deferred stock units on March 3, 2025.
- The acquisition was made in lieu of the quarterly cash director's fee.
- These units will convert into common stock on a one-for-one basis when Mr. Havner ceases to be a director.
- Following the transaction, Mr. Havner directly owns 17,351.7401 shares of common stock, including the deferred stock units.
- The transaction was reported on March 5, 2025, by Edward M. Schulman under Power of Attorney.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the director's equity ownership.
Key Dates
| Date | Description |
|---|---|
| 09/16/2014 | Date of Power of Attorney granted to Edward M. Schulman |
| 03/03/2025 | Date of transaction: acquisition of deferred stock units |
| 03/05/2025 | Date of Form 4 filing |
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