Form 4: Mid America Apartment Communities EVP, CFO Albert Campbell III Reports Tax-Related Share Disposals
SEC Form 4 Filing
Albert Campbell III, EVP and CFO of Mid America Apartment Communities, reports disposals of common stock to cover taxes related to vesting of restricted stock.
Summary
- On April 3, 2024, Albert M. Campbell III, EVP and CFO of Mid America Apartment Communities Inc. (MAA), reported the disposal of 584 shares of common stock at a price of $128.45.
- These disposals were made to cover taxes related to the vesting of shares earned and issued under a prior year restricted stock plan.
- Following the transaction, Campbell directly owns 67,688 shares of common stock and indirectly owns 3,435.8312 shares through an ESOP and 100 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 2021-01-08 | Date of Power of Attorney execution. |
| 2024-04-03 | Date of the transaction (disposal of shares). |
| 2024-04-05 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.