Form 4: MAA CFO Sells Shares for Tax Obligations

Mid-America Apartment Communities' CFO, Aubrey Clay Holder, reported the sale of 229 shares of common stock in early 2026, primarily to cover tax liabilities from restricted stock vesting.

Summary

• Aubrey Clay Holder, EVP and CFO of Mid-America Apartment Communities Inc. (MAA), reported two transactions involving the company's common stock.
• On January 6, 2026, 156 shares were disposed of at $138.17 per share to cover taxes related to the vesting of restricted stock from a prior year plan.
• On January 8, 2026, an additional 73 shares were sold in an open market transaction at $134.98 per share, under a Rule 10b5-1 plan, to meet further tax obligations from restricted stock vestings.
• Following these transactions, Aubrey Clay Holder beneficially owns 10,418 shares of MAA common stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions for tax purposes, which are neutral in terms of company fundamentals or future prospects.

Future Outlook

N/A

Industry Context

This filing details a routine insider transaction for tax purposes, common across all industries for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: Minimal impact as the sale volume is small relative to total shares outstanding and is for routine tax purposes.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Recommendation

The filing details routine insider sales by the CFO to cover tax obligations related to restricted stock vesting, including a sale under a 10b5-1 plan. These transactions are common and do not reflect a change in the company's fundamental outlook or the insider's long-term confidence. Therefore, the filing itself does not warrant a change in investment recommendation.

Keywords

MAA, Mid-America Apartment Communities, Aubrey Clay Holder, insider trading, Form 4, stock sale, CFO, restricted stock, 10b5-1 plan, beneficial ownership