Form 4: Mid America Apartment Communities Inc. Executive Reports Gift of Shares
SEC Form 4 Filing
Robert J. DelPriore, EVP and General Counsel of Mid America Apartment Communities Inc., reports a gift of 642 common stock shares.
Summary
- On February 10, 2025, Robert J. DelPriore, EVP and General Counsel of Mid America Apartment Communities Inc. (MAA), reported a transaction involving the company's common stock.
- DelPriore gifted 642 shares of common stock.
- Following the transaction, DelPriore directly owns 53,632.4148 shares of MAA.
- The filing also includes a power of attorney document, effective January 8, 2021, authorizing Kellye Clouse, Leslie Wolfgang, and Robert J. DelPriore to execute Forms 3, 4, and 5 on behalf of the reporting person.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to a gift of shares, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The gift of shares by an executive could be perceived positively or negatively by stakeholders, depending on their individual circumstances and investment strategies.
Key Dates
| Date | Description |
|---|---|
| 2021-01-08 | Effective date of the Power of Attorney. |
| 2025-02-10 | Date of the transaction (gift of shares). |
| 2025-02-11 | 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.