Form 4: AvalonBay Communities SVP-Finance and Treasurer, Keri A. Shea, Reports Stock Sale
SEC Form 4 Filing
Keri A. Shea, SVP-Finance and Treasurer of AvalonBay Communities, sold 2,861 shares of common stock on August 6, 2024.
Summary
- On August 6, 2024, Keri A. Shea, the SVP-Finance and Treasurer of AvalonBay Communities Inc. (AVB), sold 2,000 shares of common stock at a weighted average price of $207.1682.
- The sale was executed in multiple trades with prices ranging from $206.96 to $207.33.
- Shea also sold 861 shares at $205.97.
- Following the transaction, Shea directly owns 4,383 shares of common stock and indirectly owns 960.5117 shares through her spouse.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel within AvalonBay Communities.
Stakeholder Impact
- The stock sale by a company insider may be of interest to shareholders, as insider transactions can sometimes influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of stock sale transaction |
| 08/08/2024 | Date of signature for the Form 4 filing |
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