Form 4: Mid America Apartment Communities Inc. Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Joseph Fracchia, EVP, Chief Tech & Innovation at Mid America Apartment Communities Inc., reports changes in beneficial ownership of common stock due to tax withholding and share issuance under a restricted stock plan.
Summary
- On April 1, 2025, Joseph Fracchia, an executive at Mid America Apartment Communities Inc. (MAA), reported changes in his beneficial ownership of the company's common stock.
- A transaction occurred where 140 shares were disposed of at a price of $167.48 per share to cover taxes related to vesting of shares earned under a prior year restricted stock plan.
- Additionally, 1,084 shares were acquired at $0.
- Following these transactions, Fracchia directly owns 11,129.9243 shares of MAA common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a significant change in company strategy or performance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction (disposal and acquisition of common stock). |
| 04/01/2025 | Date of Power of Attorney execution. |
| 04/03/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, MAA, Mid America Apartment Communities Inc., Joseph Fracchia, Equity Securities, Section 16(a), Securities Exchange Act
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