Form 4: Mid America Apartment Communities Director Deborah Caplan Reports Transaction

Director Deborah Caplan reports a transaction involving Mid America Apartment Communities Inc. common stock and phantom stock.

Summary

• On May 21, 2024, Deborah H Caplan, a director of Mid America Apartment Communities Inc. (MAA), reported a transaction.
• The transaction involved the acquisition of 1,245 shares of common stock at $0 and the disposal of 2,848 shares of common stock.
• Caplan also acquired 98 shares of phantom stock, with each share representing the economic equivalent of one share of common stock.
• The phantom stock is payable in two equal annual installments beginning within 90 days following the calendar year in which Caplan ceases to serve as a director, in cash or common stock, at Caplan's election.
• Following the reported transactions, Caplan directly owns 577.971 derivative securities and 2,848 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The phantom stock is payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders, providing transparency into their transactions and holdings in the company.

Key Dates