AIMCO (AIV) CEO Wesley Powell receives 215,420-share stock award grant

Rhea-AI Filing Summary

Apartment Investment & Management Company’s President and CEO Wesley W. Powell reported several equity-related transactions in Class A common stock. On January 28, 2026, he acquired 215,420 shares through a stock award tied to 2023 long-term incentive compensation, based on total shareholder return versus specified indices.

Also on January 28, 2026, 10,569 shares were withheld at $5.85 per share, typically for tax purposes, leaving him with 823,306 directly held shares. A prior transaction on October 16, 2025 shows 19 shares acquired at $5.55, bringing his 401(k) plan holdings to 68 shares. The stock award is scheduled to vest 100% on February 1, 2026.

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

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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 CO 80237

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

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

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

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

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	01/28/2026		A(1)		215,420(1)	A	(1)	833,875	D
Class A Common Stock	01/28/2026		F		10,569	D	$5.85	823,306	D
Class A Common Stock	10/16/2025		L	V	19	A	$5.55	68	I	Held through 401 (K) plan

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:

1. Stock Award approved by Compensation and Human Resources Committee in connection with a portion of 2023 long-term incentive compensation, price column not applicable. Receipt of the shares was subject to satisfaction of total shareholder return criteria over the period compared to specified indices. The shares vest 100% on February 1, 2026.

	Wesley W. Powell	01/29/2026
	** 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.
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FAQ

What insider activity did AIV CEO Wesley Powell report on January 28, 2026?

On January 28, 2026, Wesley W. Powell reported receiving 215,420 Class A common shares as a stock award. The same day, 10,569 shares were withheld at $5.85 per share, leaving him with 823,306 directly held shares after these transactions.

What is the nature of Wesley Powell’s 215,420-share stock award at AIV?

The 215,420-share stock award represents part of Powell’s 2023 long-term incentive compensation. It was approved by the Compensation and Human Resources Committee and depends on total shareholder return versus specified indices, with all shares scheduled to vest on February 1, 2026.

How many AIV shares does Wesley Powell hold directly after the reported Form 4 transactions?

Following the January 28, 2026 transactions, Wesley W. Powell holds 823,306 AIV Class A common shares directly. This figure reflects the net position after receiving 215,420 shares as a stock award and having 10,569 shares withheld at $5.85 per share.

Were any Apartment Investment & Management (AIV) shares held indirectly by Wesley Powell?

Yes. A transaction dated October 16, 2025 shows Powell acquiring 19 Class A common shares at $5.55 through a 401(k) plan. After that transaction, his indirect holdings through the 401(k) plan totaled 68 AIV shares, separate from his directly held shares.

What performance conditions apply to Wesley Powell’s AIV stock award reported in this Form 4?

The stock award depends on total shareholder return performance over a defined period compared to specified indices. Receipt of the 215,420 shares was subject to meeting these criteria, and the award is structured to vest fully on February 1, 2026, once conditions are satisfied.

Did Wesley Powell pay a price for the 215,420 AIV shares received as a stock award?

No purchase price applied to the 215,420-share stock award, so the price column is not applicable. The shares were granted as compensation, linked to 2023 long-term incentive metrics based on total shareholder return relative to selected indices, and vest in full on February 1, 2026.