Tax withholding reduces Apartment Investment (NYSE: AIV) CFO share count

Rhea-AI Filing Summary

APARTMENT INVESTMENT & MANAGEMENT CO EVP and CFO Lynn Stanfield reported a tax-withholding share disposition. On this Form 4, 54,236 shares of Class A Common Stock were delivered at $4.10 per share to satisfy tax obligations. After this, Stanfield directly holds 440,323 shares. The filing also notes an additional 2,031 shares held indirectly through a 401(k) plan based on a statement dated March 31, 2026.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Stanfield Lynn

Role EVP and CFO

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	54,236	$4.10	$222K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 440,323 shares (Direct); Class A Common Stock — 2,031 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: 54,236 shares Price per share: $4.10 per share Direct holdings after transaction: 440,323 shares +2 more

5 metrics

Tax-withholding shares 54,236 shares Class A Common Stock delivered to satisfy tax liability

Price per share $4.10 per share Value of shares used for tax withholding

Direct holdings after transaction 440,323 shares CFO Lynn Stanfield’s direct Class A Common Stock position post-transaction

Indirect 401(k) holdings 2,031 shares Class A Common Stock held through a 401(k) plan as of 03/31/2026

Tax-withholding count 1 transaction Number of tax-withholding dispositions in the Form 4

Key Terms

tax-withholding disposition, Class A Common Stock, 401(K) plan, Form 4

4 terms

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

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""

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

"Held through 401(K) plan, which information is based on a plan statement"

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 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Stanfield Lynn

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and CFO

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		54,236	D	$4.1	440,323	D
Class A Common Stock								2,031	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:

	Lynn Stanfield	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 Apartment Investment (AIV) report for CFO Lynn Stanfield?

Apartment Investment reported a tax-withholding share disposition by CFO Lynn Stanfield. She delivered 54,236 Class A Common shares at $4.10 each to satisfy tax obligations, a non-market transaction, and retained a substantial direct and indirect ownership position afterward.

How many Apartment Investment (AIV) shares were used for tax withholding?

The filing shows 54,236 Class A Common Stock shares were delivered for tax withholding. These shares were valued at $4.10 per share, reflecting payment of tax liability rather than an open-market sale, according to the Form 4 transaction code and description.

How many Apartment Investment (AIV) shares does the CFO hold after the reported transaction?

After the tax-withholding disposition, CFO Lynn Stanfield directly holds 440,323 Apartment Investment Class A Common shares. The filing also reports 2,031 additional shares held indirectly through a 401(k) plan, based on a plan statement dated March 31, 2026.

Was the Apartment Investment (AIV) CFO’s transaction an open-market sale?

No, the transaction is characterized as a tax-withholding disposition, not an open-market sale. The Form 4 uses code F, indicating shares were delivered to pay tax liability rather than being sold on the market for discretionary portfolio reasons.

What does the indirect Apartment Investment (AIV) holding in the CFO’s Form 4 represent?

The indirect holding reflects 2,031 Apartment Investment Class A Common shares in a 401(k) plan. The Form 4 states this information is based on a plan statement dated March 31, 2026, indicating retirement-plan ownership separate from the CFO’s directly held shares.