Form 4: MAA Executive Adrian Hill Reports Stock Transactions
Insider Transaction Report
Mid America Apartment Communities EVP and Chief Investment Officer Adrian Hill reported the acquisition of 7,165 shares and disposal of 409 shares for tax purposes.
Summary
- Adrian Hill, EVP, Chief Investment Officer, and Director of Mid America Apartment Communities Inc. (MAA), reported recent transactions in the company's common stock.
- On January 4, 2026, 409 shares of common stock were disposed of at a price of $139.13 per share. This disposal was made to cover tax obligations related to the vesting of shares earned under a prior year restricted stock plan.
- On January 6, 2026, 7,165 shares of common stock were acquired at a price of $0, indicating a grant or award.
- Following these transactions, Adrian Hill directly beneficially owns 55,521.647 shares of MAA common stock.
- Additionally, 1,030 shares are indirectly beneficially owned through the Hill Family Irrevocable Trust FBO Terry Hill, Adrian Hill TTEE.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions, including a stock grant and a tax-related disposal, resulting in a net increase in beneficial ownership. This is a standard disclosure and does not inherently indicate a significant positive or negative sentiment for the company's prospects.
Positives
- Adrian Hill acquired 7,165 shares of common stock, increasing his direct beneficial ownership.
- The net effect of the reported transactions is an increase in direct beneficial ownership by 6,756 shares (7,165 acquired 409 disposed).
Negatives
- 409 shares of common stock were disposed of to cover tax obligations, reducing direct holdings.
Future Outlook
This Form 4 filing details past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
Insider transaction reports like this Form 4 are routine disclosures for executives and directors of publicly traded companies. They provide transparency into management's holdings and transactions but do not typically offer insights into broader industry trends or competitive positioning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Adrian Hill granted a Power of Attorney to Robert J. DelPriore, Leslie Wolfgang, and Kellye Clouse, authorizing them to execute and file Forms 3, 4, and 5 on his behalf with the SEC. | 12/13/2021 | This streamlines the process for Adrian Hill to comply with Section 16(a) of the Securities Exchange Act of 1934, ensuring timely and accurate reporting of his beneficial ownership and transactions in company securities. |
Related Party Transactions
- Adrian Hill indirectly beneficially owns 1,030 shares through the Hill Family Irrevocable Trust FBO Terry Hill, Adrian Hill TTEE, which is a standard disclosure for insider holdings.
Stakeholder Impact
- Shareholders: Provides transparency regarding an executive's holdings and transactions, which is standard for corporate governance.
- Management: The Power of Attorney simplifies compliance with SEC reporting requirements for the reporting person.
Key Dates
| Date | Description |
|---|---|
| 12/13/2021 | Date Power of Attorney was executed by Adrian Hill. |
| 01/04/2026 | Date of disposal of 409 shares of common stock for tax withholding. |
| 01/06/2026 | Date of acquisition of 7,165 shares of common stock. |
Keywords
MAA, Mid America Apartment Communities, Adrian Hill, Form 4, Insider Trading, Stock Transactions, Executive Compensation, REIT, Real Estate
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