Apartment Investment & Management (AIV) CEO uses 91,488 shares to cover taxes

Rhea-AI Filing Summary

Apartment Investment & Management Co President and CEO Wesley William Powell had 91,488 shares of Class A Common Stock valued at $4.10 per share withheld to cover tax obligations, a non-market transaction. Following this, he holds 631,648 shares directly and 68 shares indirectly through a 401(k) plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Powell Wesley William

Role President and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	91,488	$4.10	$375K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 631,648 shares (Direct); Class A Common Stock — 68 shares (Indirect, Held through 401(K) plan, which information is based on a plan statement dated 03/31/2026)

Footnotes (1)

Key Figures

Tax-withholding shares: 91,488 shares Reference price per share: $4.10 per share Direct holdings after transaction: 631,648 shares +1 more

4 metrics

Tax-withholding shares 91,488 shares Shares delivered to satisfy tax liability

Reference price per share $4.10 per share Value used for tax-withholding disposition

Direct holdings after transaction 631,648 shares Class A Common Stock held directly by CEO after Form 4 event

Indirect 401(k) holdings 68 shares Held through 401(k) plan, based on 03/31/2026 statement

Key Terms

tax-withholding disposition, Class A Common Stock, 401(K) plan

3 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for 91,488 shares"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Class A Common Stock financial

"security_title: "Class A Common Stock" for reported transactions"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

401(K) plan financial

"nature_of_ownership: "Held through 401(K) plan, which information is based on a plan statement dated 03/31/2026""

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Powell Wesley William

(Last) (First) (Middle)

4582 S. ULSTER STREET

SUITE 1450

(Street)

DENVER COLORADO 80237

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
APARTMENT INVESTMENT & MANAGEMENT CO [ AIV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/15/2026		F		91,488	D	$4.1	631,648	D
Class A Common Stock								68	I	Held through 401(K) plan, which information is based on a plan statement dated 03/31/2026

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Wesley W. Powell	04/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AIV CEO Wesley Powell report?

Wesley William Powell reported a tax-withholding disposition of 91,488 shares of Apartment Investment & Management Class A Common Stock at $4.10 per share, used to satisfy tax obligations tied to equity compensation, rather than an open-market sale of shares.

Did the AIV CEO sell shares on the open market in this Form 4?

The Form 4 shows no open-market sales. It reports a tax-withholding disposition of 91,488 shares at $4.10 per share, meaning shares were delivered to cover tax liabilities associated with equity awards, not actively sold into the market.

How many AIV shares does the CEO hold after this reported transaction?

After the tax-withholding transaction, Wesley William Powell directly holds 631,648 shares of Apartment Investment & Management Class A Common Stock, plus 68 shares held indirectly through a 401(k) plan based on a statement dated March 31, 2026, according to the Form 4.

What does the tax-withholding disposition code F mean in the AIV Form 4?

The code F on the AIV Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here, 91,488 shares were withheld at $4.10 per share to cover tax obligations related to equity compensation, rather than reflecting a discretionary market trade.

What indirect AIV holdings does the CEO report in this filing?

The CEO reports 68 shares of Apartment Investment & Management Class A Common Stock held indirectly through a 401(k) plan. This information comes from a plan statement dated March 31, 2026, and is disclosed separately from his directly held 631,648 shares.