Form 4: Mid America Apartment Communities Director Tamara Fischer Reports Transaction

Director Tamara Fischer reports a transaction involving phantom stock in Mid America Apartment Communities Inc.

Summary

• On May 21, 2024, Tamara D Fischer, a director of Mid America Apartment Communities Inc. (MAA), reported a transaction.
• The transaction involved phantom stock, with 1,245 shares acquired at a price of $136.50, resulting in a total of 2,388.016 shares beneficially owned.
• Each share of phantom stock is equivalent to one share of common stock and is payable in two equal annual installments after the director ceases to serve, in cash or common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

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.

Industry Context

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

Key Dates