AVALONBAY COMMUNITIES INC (AVB) SEC Filings

AVALONBAY COMMUNITIES INC (AVB) Chief Financial Officer Kevin P. O'Shea reported equity award and conversion activity related to AVB’s merger of equals with Equity Residential (EQR). He received 24,467 shares of AVB common stock deemed acquired through performance-based restricted stock units that converted into restricted EQR shares or ERP Operating Limited Partnership interests, subject to time-based vesting. He also reported dispositions to the issuer of 13,966 AVB stock options that were converted into options on EQR common shares and 57,693.2842 AVB common shares that were automatically converted at the merger’s 2.793-for-1 exchange ratio into EQR common shares plus cash in lieu of fractional shares.

Pamela Rogers Thomas, Executive Vice President of AvalonBay Communities, Inc. (AVB), reported two equity-related transactions on common stock. She was deemed to acquire 13,561 shares of AVB common stock pursuant to performance-based restricted stock units previously granted and determined by the Compensation Committee as of the merger effective time. She also reported a disposition to the issuer involving 23,879 shares of AVB common stock in connection with AVB’s merger of equals with Equity Residential (EQR), where each AVB share was converted into the right to receive 2.793 EQR common shares, plus cash in lieu of any fractional EQR shares. Following the merger, EQR changed its name to Vivmark Residential.

AVALONBAY COMMUNITIES INC reported equity award and conversion activity for Chief Investment Officer Matthew H. Birenbaum in connection with its merger of equals with Equity Residential, after which Equity Residential was renamed Vivmark Residential. Performance-based restricted stock units were deemed earned and converted into restricted Equity Residential shares or ERP Operating Limited Partnership interests, subject to existing time-based vesting. Each AvalonBay common share held by the reporting person at the effective time was automatically converted into the right to receive 2.793 Equity Residential common shares plus cash in lieu of fractional shares, and existing AvalonBay stock options were converted into options to acquire Equity Residential common shares with share count and exercise price adjusted by the 2.793 exchange ratio.

AVALONBAY COMMUNITIES INC COO Sean J. Breslin reported equity award changes tied to the merger of AvalonBay with Equity Residential, which was renamed Vivmark Residential. At the effective time of the merger, each share of AvalonBay common stock was converted into the right to receive 2.793 Equity Residential common shares plus cash in lieu of fractional shares. Breslin reported a deemed acquisition of 27,735 AvalonBay shares from performance-based restricted stock units that converted into rights to receive restricted Equity Residential shares or ERP Operating Limited Partnership interests, subject to time-based vesting. He also reported the disposition to the issuer of 106,920.22 AvalonBay shares and the disposition of options covering 17,458 AvalonBay shares at a $180.32 exercise price, which were converted into options to acquire Equity Residential shares using the same exchange ratio.

AVALONBAY COMMUNITIES INC executive Edward M. Schulman reported equity changes tied to the merger of AvalonBay with Equity Residential. He disposed of 6,983 AvalonBay stock options with a $180.32 exercise price and 36,177.7946 AvalonBay common shares, both treated as dispositions to the issuer in connection with the merger structure. He also acquired 12,770 shares of AvalonBay common stock at no cost through performance-based restricted stock units deemed earned and converted into time-based restricted equity in Equity Residential or ERP Operating Limited Partnership. Each AvalonBay share was converted into 2.793 Equity Residential common shares plus cash in lieu of fractional shares.

AvalonBay Communities executive Alaine Susan Walsh reported equity changes tied to the merger of AVB with Equity Residential (now Vivmark Residential). She disposed of 2,444 AVB stock options and 13,019 AVB common shares and was deemed to acquire 3,590 AVB shares from performance-based PSUs, all converted into Vivmark equity using a 2.793-for-1 exchange ratio.

AvalonBay Communities, Inc. (AVB) senior vice president Sean Thomas Willson reported two non-market transactions tied to AVB’s merger with Equity Residential (EQR). He was deemed to acquire 1,430 shares of AVB common stock from previously granted performance-based PSUs, which converted into rights to receive EQR equity subject to time vesting. He also disposed of 5,902.7233 AVB shares to the issuer in the merger completed on August 17, 2026, where each AVB share converted into the right to receive 2.793 EQR common shares plus cash in lieu of fractional shares. On August 14, 2026, AVB closed at $184.06 and EQR at $65.97, and EQR changed its name to Vivmark Residential.

AVALONBAY COMMUNITIES INC CEO & President Benjamin Schall reported equity changes tied to a merger of equals between AvalonBay and Equity Residential, which was renamed Vivmark Residential. In the merger, 178,819.7606 shares of AvalonBay common stock held by him were automatically converted into the right to receive Equity Residential common shares at an exchange ratio of 2.793 EQR shares per AvalonBay share, plus cash in lieu of fractional shares. He also reported an acquisition of 78,257 shares of AvalonBay common stock deemed earned from performance-based restricted stock units, and multiple employee stock option awards on AvalonBay shares were converted into options to acquire Equity Residential common shares with adjusted share counts and exercise prices, while preserving their original vesting schedules.