Form 4: Mid America Apartment Communities Inc. Executive Reports Tax Withholding

Amber Fairbanks, EVP of Property Management at Mid America Apartment Communities Inc., reports the disposal of 35 shares to cover taxes related to vesting of a prior year restricted stock plan.

Summary

• On April 3, 2025, Amber Fairbanks, EVP of Property Management at Mid America Apartment Communities Inc. (MAA), disposed of 35 shares of common stock to cover taxes related to the vesting of shares earned under a prior year restricted stock plan.
• The transaction was executed at a price of $163.64 per share.
• Following the transaction, Fairbanks directly owns 3,385 shares of MAA common stock.
• A Power of Attorney is in place, granting Robert J. DelPriore, Leslie Wolfgang, and Kellye Clouse the authority to execute Forms 3, 4, and 5 on behalf of Fairbanks.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine Form 4 filing related to insider transactions. It is common for executives to dispose of shares to cover tax obligations arising from the vesting of restricted stock units.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine tax-related disposal of shares.

Key Dates

Keywords

Form 4, Section 16(a), Insider Trading, MAA, Mid America Apartment Communities Inc., Amber Fairbanks, Stock Disposal, Tax Withholding, Power of Attorney, Robert J. DelPriore, Leslie Wolfgang, Kellye Clouse