Apartment Investment CFO converts 74.2K-share award

Q: How many AIV shares did Lynn Stanfield report in the award conversions?

Lynn Stanfield reported conversions involving 47,861 shares from a 2024 performance-based award and 74,240 shares from a 2025 performance-based award on September 29, 2026.

In connection with asset sales under the stockholder-approved Plan of Sale and Liquidation, both awards were deemed earned at target performance.

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Form Type

Rhea-AI Filing Summary

Apartment Investment & Management Co. (AIV) EVP and CFO Lynn Stanfield reported two Class A common stock award conversions on September 29, 2026: 47,861 shares from a 2024 performance-based stock award and 74,240 shares from a 2025 award became time-based restricted stock awards.

In connection with asset sales pursuant to the stockholder-approved Plan of Sale and Liquidation, a Change in Control was determined to have occurred for the applicable award agreements, resulting in the awards being deemed earned at the target level of performance. The report also lists 2,031 Class A common shares held indirectly through an individual retirement account in an entry dated September 29, 2026.

Insider Trade Summary

Grant/Award: 122,101 shares

Grant/Award 3 txns

Insider Stanfield Lynn

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock ^F1	47,861	--	--
Grant/Award	Class A Common Stock ^F2	74,240	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 562,424 shares (Direct); Class A Common Stock — 2,031 shares (Indirect, Held through an individual retirement account.)

Footnotes (2)

F1. Represents the conversion of a performance-based stock award granted in 2024 into a time-based restricted stock award pursuant to the Apartment Investment and Management Company Second Amended and Restated 2015 Stock Award and Incentive Plan. In connection with asset sales pursuant to the stockholder-approved Plan of Sale and Liquidation, a Change in Control was determined to have occurred for purposes of the applicable award agreement, resulting in the award being deemed earned at the target level of performance and converting into a time-based restricted stock award in respect of the same number of shares of Issuer common stock.
F2. Represents the conversion of a performance-based stock award granted in 2025 into a time-based restricted stock award pursuant to the Apartment Investment and Management Company Second Amended and Restated 2015 Stock Award and Incentive Plan. In connection with asset sales pursuant to the stockholder-approved Plan of Sale and Liquidation, a Change in Control was determined to have occurred for purposes of the applicable award agreement, resulting in the award being deemed earned at the target level of performance and converting into a time-based restricted stock award in respect of the same number of shares of Issuer common stock.

Key Figures

2024 award shares converted: 47,861 shares 2025 award shares converted: 74,240 shares Indirect Class A shares held through an individual retirement account: 2,031 shares

3 metrics

2024 award shares converted 47,861 shares Performance-based stock award converted to a time-based restricted stock award on September 29, 2026

2025 award shares converted 74,240 shares Performance-based stock award converted to a time-based restricted stock award on September 29, 2026

Indirect Class A shares held through an individual retirement account 2,031 shares Holding entry dated September 29, 2026

Key Terms

performance-based stock award, time-based restricted stock award, Change in Control, Plan of Sale and Liquidation

4 terms

performance-based stock award financial

"conversion of a performance-based stock award granted in 2024"

time-based restricted stock award financial

"into a time-based restricted stock award"

Change in Control technical

"a Change in Control was determined to have occurred"

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.

Plan of Sale and Liquidation financial

"stockholder-approved Plan of Sale and Liquidation"

A plan of sale and liquidation is a formal outline describing how a company’s assets will be sold and how the proceeds will be distributed to creditors, investors and other claimants during winding-up or bankruptcy. It matters to investors because it determines who gets paid, how much they can expect to recover and the timing of payments — like a structured garage sale that decides what sells first and who receives the money.

FAQ

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

How many AIV shares did Lynn Stanfield report in the award conversions?

Lynn Stanfield reported conversions involving 47,861 shares from a 2024 performance-based award and 74,240 shares from a 2025 performance-based award on September 29, 2026.

Why were Lynn Stanfield's AIV performance awards converted?

In connection with asset sales pursuant to the stockholder-approved Plan of Sale and Liquidation, a Change in Control was determined to have occurred for the applicable award agreements. The awards were deemed earned at the target level of performance and converted into time-based restricted stock awards for the same number of shares.

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

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Available on EDGAR 09/30/2026 - 07:59 PM Accepted by SEC EDGAR 09/30/2026 - 07:58 PM

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)
09/29/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	09/29/2026		A⁽¹⁾		47,861	A	⁽¹⁾	488,184	D
Class A Common Stock	09/29/2026		A⁽²⁾		74,240	A	⁽²⁾	562,424	D
Class A Common Stock								2,031	I	Held through an individual retirement account.

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the conversion of a performance-based stock award granted in 2024 into a time-based restricted stock award pursuant to the Apartment Investment and Management Company Second Amended and Restated 2015 Stock Award and Incentive Plan. In connection with asset sales pursuant to the stockholder-approved Plan of Sale and Liquidation, a Change in Control was determined to have occurred for purposes of the applicable award agreement, resulting in the award being deemed earned at the target level of performance and converting into a time-based restricted stock award in respect of the same number of shares of Issuer common stock.

2. Represents the conversion of a performance-based stock award granted in 2025 into a time-based restricted stock award pursuant to the Apartment Investment and Management Company Second Amended and Restated 2015 Stock Award and Incentive Plan. In connection with asset sales pursuant to the stockholder-approved Plan of Sale and Liquidation, a Change in Control was determined to have occurred for purposes of the applicable award agreement, resulting in the award being deemed earned at the target level of performance and converting into a time-based restricted stock award in respect of the same number of shares of Issuer common stock.

	Lynn Stanfield	09/30/2026
	** 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)

Source: View Original Filing on SEC EDGAR