Form 4: Mid America Apartment Communities Inc. Director Reports Acquisition of Phantom Stock

Director Edith Kelly-Green reports the acquisition of phantom stock in Mid America Apartment Communities Inc. on May 20, 2025.

Summary

• On May 20, 2025, Edith Kelly-Green, a director of Mid America Apartment Communities Inc. (MAA), acquired phantom stock.
• The transactions involved the acquisition of 157 and 1,122 shares of phantom stock at a price of $160.35 per share.
• Following these transactions, Kelly-Green directly owns 6,469.499 and 7,591.499 shares of phantom stock respectively.
• The phantom stock is the economic equivalent of common stock and is payable in two equal annual installments after the director ceases to serve, in cash or common stock at the director's election.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral 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 of insider transactions, which is common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the compensation and holdings of a company director.

Key Dates

Keywords

Form 4, Insider Trading, Phantom Stock, Director, MAA, Mid America Apartment Communities Inc., Equity, Ownership