Form 4: AvalonBay Communities Executive Vice President Alaine Susan Walsh Reports Stock Transaction
SEC Form 4 Filing
Alaine Susan Walsh, an Executive Vice President at AvalonBay Communities Inc., reports a transaction involving common stock to cover tax obligations.
Summary
- On March 1, 2024, Alaine Susan Walsh, an Executive Vice President of AvalonBay Communities Inc. (AVB), engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 379 shares to cover tax obligations related to the vesting of restricted stock and performance share unit awards under the company's equity incentive plan.
- Following the transaction, Walsh directly owns 7,429 shares of AvalonBay Communities Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to provide transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 01/31/2024 | Date of Power of Attorney |
| 03/01/2024 | Date of stock transaction (withholding of shares for tax obligations) |
| 03/05/2024 | Date of signature on the Form 4 filing |
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