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

Director Deborah Caplan reports acquisition and disposal of common stock and phantom stock in Mid America Apartment Communities Inc.

Summary

• On May 20, 2025, Deborah H Caplan, a director of Mid America Apartment Communities Inc. (MAA), reported a transaction.
• Caplan acquired 1,122 shares of common stock at a price of $160.35 per share.
• Caplan also disposed of 3,970 shares of common stock.
• Following the transaction, Caplan beneficially owns 3,970 shares of common stock.
• Additionally, Caplan acquired 86 shares of phantom stock, each representing the economic equivalent of one share of common stock.
• Caplan also disposed of 948.197 shares of phantom stock.
• The phantom stock is payable in two equal annual installments beginning within 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.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.

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 (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's securities.

Stakeholder Impact

• The transactions may provide stakeholders with insights into the director's view of the company's stock value.

Key Dates

Keywords

Form 4, Beneficial Ownership, Deborah Caplan, MAA, Mid America Apartment Communities Inc., Common Stock, Phantom Stock, Director, Transaction