AvalonBay (AVB) director granted 1,082 Deferred Stock Units under 2026 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AvalonBay Communities director Susan Swanezy received an equity grant as part of her board compensation. She was awarded 1,082 Deferred Stock Units under the company’s 2026 Equity Incentive Plan at no cash cost. These units are subject to vesting and will convert into common stock on a one-for-one basis after she ceases to be a director. Following this grant, she directly owns a total of 15,841.5093 shares of common stock, including Deferred Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Swanezy Susan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 1,082 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 15,841.509 shares (Direct, null)
Footnotes (1)
- Reflects grant of Deferred Stock Units ("Units") under the issuer's 2026 Equity Incentive Plan, which Units are subject to vesting requirements. The Units will convert into common stock on a one to one basis after the reporting person ceases to be a director of the issuer. The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including Deferred Stock Units, which may be subject to vesting requirements.
Key Figures
Deferred Stock Units granted: 1,082 units
Holdings after transaction: 15,841.5093 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
Deferred Stock Units granted
1,082 units
Equity award under 2026 Equity Incentive Plan
Holdings after transaction
15,841.5093 shares
Direct ownership including Deferred Stock Units
Transaction price per share
$0.0000 per share
Grant of Deferred Stock Units, no cash paid
Transaction code
A (Grant, award, or other acquisition)
Non-derivative equity award to director
Conversion ratio
1 unit = 1 share
Units convert into common stock one-for-one
Key Terms
Deferred Stock Units, 2026 Equity Incentive Plan, vesting requirements, Form 4
4 terms
Deferred Stock Units financial
"Reflects grant of Deferred Stock Units ("Units") under the issuer's 2026 Equity Incentive Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2026 Equity Incentive Plan financial
"Reflects grant of Deferred Stock Units ("Units") under the issuer's 2026 Equity Incentive Plan"
vesting requirements financial
"which Units are subject to vesting requirements"
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.
FAQ
What equity award did AvalonBay Communities (AVB) director Susan Swanezy receive?
Susan Swanezy received a grant of 1,082 Deferred Stock Units as board compensation. These units were awarded under AvalonBay Communities’ 2026 Equity Incentive Plan at no cash cost and represent a future right to receive common shares, subject to vesting requirements.
When do Susan Swanezy’s AvalonBay (AVB) Deferred Stock Units convert into common stock?
The Deferred Stock Units convert into AvalonBay common stock on a one-for-one basis after Susan Swanezy ceases to be a director. Until then, the units remain deferred awards, subject to vesting requirements specified in the company’s 2026 Equity Incentive Plan.
What is the nature of the Form 4 transaction reported for AvalonBay (AVB) director Susan Swanezy?
The Form 4 reports an acquisition transaction coded as a grant or award. It reflects 1,082 Deferred Stock Units granted as equity compensation, rather than an open-market stock purchase or sale, and therefore does not involve a cash transaction at a market price.
Are Susan Swanezy’s AvalonBay (AVB) Deferred Stock Units subject to vesting?
Yes. The Deferred Stock Units granted to Susan Swanezy are explicitly described as subject to vesting requirements. This means she must satisfy service or other conditions before units fully vest and later convert into common stock after she leaves the board.