Form 4: Director Nielsen Acquires Phantom Stock in Mid-America Apartment Communities

Claude B. Nielsen, a director of Mid-America Apartment Communities Inc., reports the acquisition of phantom stock equivalent to 1,122 shares of common stock.

Summary

• On May 20, 2025, Claude B. Nielsen, a director of Mid-America Apartment Communities Inc. (MAA), acquired 1,122 shares of phantom stock.
• These shares are economically equivalent to common stock and were acquired at a price of $160.35 per share.
• Following the transaction, Nielsen beneficially owns 19,845.4045 shares of phantom stock.
• The phantom stock is payable in two equal annual installments beginning within 90 days following the calendar year in which Nielsen ceases to be a director, and can be settled in cash or common stock at Nielsen's election.
• Nielsen has also granted a Power of Attorney to Robert J. DelPriore, Leslie Wolfgang, and Kellye Clouse to execute Forms 3, 4, and 5 on his behalf.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing, indicating a neutral sentiment. The acquisition of phantom stock could be interpreted as a slightly positive signal, but it's not a major event.

Positives

• The acquisition of phantom stock by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider holdings.

Key Dates

Keywords

phantom stock, Form 4, director, MAA, Mid America Apartment Communities, Nielsen, beneficial ownership, securities