AVB names Kimco CEO Conor C. Flynn as independent director

Rhea-AI Filing Summary

AvalonBay Communities appointed Conor C. Flynn to its Board of Directors, effective November 10, 2025. The Board determined he is an independent director and has not assigned him to any committees at this time.

Flynn has served as Chief Executive Officer and a director of Kimco Realty Corporation since 2016, after joining the company in 2003 and holding senior roles including President, Chief Operating Officer, Chief Investment Officer, and President, Western Region.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

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

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  November 10, 2025

AVALONBAY COMMUNITIES, INC.

(Exact name of registrant as specified in its charter)

Maryland (State or other jurisdiction
of incorporation or organization) 1-12672 (Commission File
Number) 77-0404318 (I.R.S. Employer
Identification No.)

4040 Wilson Blvd., Suite 1000

Arlington, Virginia 22203

(Address of principal executive offices)(Zip code)

(703) 329-6300

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Common Stock, par value $0.01 per share		AVB		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 10, 2025, the Board of Directors (the “Board”) of AvalonBay Communities, Inc. (the “Company”) appointed Conor C. Flynn to serve as a member of the Board, effective that day.

Since 2016, Mr. Flynn, 45, has been the Chief Executive Officer and a member of the board of directors of Kimco Realty Corporation (“Kimco”), a publicly traded real estate investment trust that owns and operates grocery-anchored shopping centers and mixed-use properties. Mr. Flynn joined Kimco in 2003 as an asset manager and has held a variety of other senior leadership roles with the organization, including President, Chief Operating Officer, Chief Investment Officer and President, Western Region. Mr. Flynn holds a B.A. from Yale University and a Master’s in Real Estate Development from Columbia University. Mr. Flynn is a member and past Chair of the Executive Board of Nareit and is a member of the Real Estate Roundtable.

In connection with Mr. Flynn’s appointment, the Company’s Board determined that Mr. Flynn is an independent director. The Board has not assigned him to serve on any Board committees at this time.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AVALONBAY COMMUNITIES, INC.
Dated: November 10, 2025	By:	/s/ Kevin P. O’Shea
		Kevin P. O’Shea
		Chief Financial Officer

FAQ

What did AvalonBay (AVB) announce?

AvalonBay appointed Conor C. Flynn to its Board of Directors, effective November 10, 2025.

Is Conor C. Flynn an independent director at AVB?

Yes. The Board determined that Mr. Flynn is an independent director.

Does Conor C. Flynn have committee assignments at AVB?

No. The Board has not assigned him to any Board committees at this time.

Who is Conor C. Flynn currently?

He is the Chief Executive Officer and a director of Kimco Realty Corporation, a publicly traded REIT.

When did Mr. Flynn join Kimco and what roles has he held?

He joined in 2003 and has served as President, Chief Operating Officer, Chief Investment Officer, and President, Western Region.

What professional affiliations does Mr. Flynn have?

He is a member and past Chair of the Nareit Executive Board and a member of the Real Estate Roundtable.