AvalonBay COO covers taxes with 7,700 shares
AvalonBay Communities Chief Operating Officer Sean J. Breslin reported a routine share disposition related to equity award vesting.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
AvalonBay Communities Chief Operating Officer Sean J. Breslin reported a routine share disposition related to equity award vesting. The company withheld 7,700 shares of common stock at $177.23 per share to cover tax withholding obligations on vested restricted stock and performance share units under its equity incentive plan. Following this tax-withholding transaction, Breslin directly owns about 79,098 shares of AvalonBay common stock, including restricted shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $.01 per share | 7,700 | $177.23 | $1.36M |
Footnotes (2)
- F1. Reflects withholding of shares by the Company to cover tax withholding obligations on the vesting of restricted stock and performance share unit awards under the Company's Second Amended and Restated 2009 Equity Incentive Plan. The original Form 4 filing has been amended to reflect the correct number of shares withheld.
- F2. The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
Key Figures
Key Terms
restricted stock financial
tax withholding obligations financial
Equity Incentive Plan financial
Form 4/A regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AvalonBay (AVB) report for Sean J. Breslin?
Was the AvalonBay (AVB) COO’s Form 4/A transaction an open-market sale?
Why was AvalonBay’s (AVB) original Form 4 amended?
AI-generated analysis. How Rhea-AI works. Not financial advice.