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Apartment Investment: Johnson to resign November 1

Her consulting agreement provides transition support for up to 10 hours monthly through May 2, 2027.

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Form Type
8-K

Rhea-AI Filing Summary

Apartment Investment and Management Company (AIV) said Jennifer Johnson, its Executive Vice President and Chief Administrative Officer, intends to resign from all positions with the company and its subsidiaries effective November 1, 2026. The company accepted her resignation for “Good Reason,” citing a diminution in her responsibilities and duties in connection with the Plan of Sale and Liquidation approved by shareholders on February 6, 2026.

Her resignation will qualify for severance as a Good Reason resignation following a “Change in Control” connected with the sale or disposition of the company’s assets under the plan. She will be eligible for payments and benefits under the Executive Severance Policy, her cash award letter agreement and applicable equity award agreements, subject to their terms, including execution and non-revocation of a standard release of claims. Johnson will also provide transitional services through May 2, 2027, for up to 10 hours per month at $750 per hour, plus reasonable expenses. Either party may end the consulting arrangement for any reason on 30 days’ written notice.

Insights

Analyzing...

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Resignation effective date November 1, 2026 Jennifer Johnson’s resignation from company and subsidiary positions
Consulting arrangement end date May 2, 2027 Transitional services
Consulting hours Up to 10 hours per month Transitional services
Consulting hourly rate $750 per hour Plus reasonable expenses
Termination notice period 30 days’ written notice Either party may terminate the consulting arrangement
Plan approval date February 6, 2026 Shareholders approved the Plan of Sale and Liquidation
Good Reason regulatory
"resignation for “Good Reason” based on the diminution in her responsibilities"
Change in Control regulatory
"following a “Change in Control” (or similar term)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Executive Severance Policy financial
"under the terms of the Company’s Executive Severance Policy"
standard release of claims regulatory
"execution and non-revocation of a standard release of claims"
Consulting Arrangement technical
"the “Consulting Arrangement”"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Jennifer Johnson resign from AIV?

Jennifer Johnson’s resignation from all positions with Apartment Investment and Management Company and its subsidiaries is effective November 1, 2026.

What severance benefits will Jennifer Johnson receive from AIV?

Following her November 1, 2026 resignation, Jennifer Johnson will be eligible for payments and benefits under the Executive Severance Policy, her cash award letter agreement dated April 16, 2026, and applicable equity award agreements. These remain subject to the agreements’ terms, including execution and non-revocation of a standard release of claims in favor of the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
falsefalse000182087800009228640000922864aiv:AimcoPropertiesLpMember2026-10-012026-10-0100009228642026-10-012026-10-01

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): October 1, 2026

 

APARTMENT INVESTMENT AND MANAGEMENT COMPANY

AIMCO OP L.P.

(Exact name of registrant as specified in its charter)

 

 

Maryland (Apartment Investment and Management Company)

 

1-13232

 

84-1259577

Delaware (Aimco OP L.P.)

 

0-56223

 

85-2460835

(State or other jurisdiction

 

(Commission

 

(I.R.S. Employer

of incorporation or organization)

 

File Number)

 

Identification No.)

4582 SOUTH ULSTER STREET

SUITE 1450, DENVER, CO 80237

 

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (833) 373-1300

NOT APPLICABLE

(Former name or Former Address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Apartment Investment and Management Company

Class A Common Stock

AIV

New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the exchange act. ☐

 

 


 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 1, 2026, Jennifer Johnson, the Executive Vice President and Chief Administrative Officer of Apartment Investment and Management Company (“Aimco” or the “Company”), notified the Company of her intent to resign, effective as of November 1, 2026 (the “Resignation Date”), from all positions held with the Company and its subsidiaries for “Good Reason” under the terms of the Company’s Executive Severance Policy, dated October 22, 2018, as amended (the “Executive Severance Policy”). The Company has accepted Ms. Johnson’s resignation for Good Reason based on the diminution in her responsibilities and duties in connection with the Plan of Sale and Liquidation approved by the Company's shareholders on February 6, 2026 (the “Plan of Sale and Liquidation”).

Ms. Johnson’s resignation on the Resignation Date will constitute a severance-qualifying resignation for Good Reason following a “Change in Control” (or similar term) under the Executive Severance Policy and the Company’s other compensation and benefit plans, which “Change in Control” (or similar term) is also occurring in connection with the sale or disposition of the Company’s assets pursuant to the Plan of Sale and Liquidation. She will therefore be eligible to receive the payments and benefits to which she is entitled under the Executive Severance Policy, the cash award letter agreement by and between Ms. Johnson and the Company, dated April 16, 2026, and the applicable equity award agreements to which she is party, in each case, subject to the terms and conditions thereof, including the execution and non-revocation of a standard release of claims in favor of the Company.

To ensure an orderly transition of her responsibilities, Ms. Johnson has agreed to remain available to Aimco as a consultant on an as-needed basis following the Resignation Date. Pursuant to the separation agreement entered into in connection with her resignation on October 1, 2026 (the “Separation Agreement”), Ms. Johnson will provide limited transitional services to Aimco until May 2, 2027, assisting with the transfer of her duties and providing strategic transitional advice on pending matters for up to ten (10) hours per month at an hourly rate of $750, plus reasonable expenses (the “Consulting Arrangement”). The Consulting Arrangement is terminable by either Ms. Johnson or Aimco for any reason or no reason upon thirty (30) days’ written notice.

The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

(d) The following exhibits are filed with this report:

Exhibit No.

Description

10.1

Separation Agreement, dated October 1, 2026, by and between the Company and Jennifer Johnson (filed herewith)

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 


 

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: October 2, 2026

 

 

 

 

 

 

APARTMENT INVESTMENT AND MANAGEMENT COMPANY

 

 

 

 

 

 

 

/s/ H. Lynn C. Stanfield

 

 

 

H. Lynn C. Stanfield

 

 

 

Executive Vice President and Chief Financial Officer

 

 

 

 

 

 

AIMCO OP L.P.

 

 

By: Aimco OP GP, LLC, its general partner

By: Apartment Investment and Management Company, its managing member

 

 

 

/s/ H. Lynn C. Stanfield

 

 

 

H. Lynn C. Stanfield

 

 

 

Executive Vice President and Chief Financial Officer

 

 

 


Filing Exhibits & Attachments

2 documents

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