AvalonBay EVP reports 690-share tax withholding
AvalonBay Communities Inc Executive Vice President Alaine Susan Walsh reported a tax-related share disposition.
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Rhea-AI Filing Summary
AvalonBay Communities Inc Executive Vice President Alaine Susan Walsh reported a tax-related share disposition. On the reported date, 690 shares of common stock at a price of $177.23 per share were withheld by the company to cover tax obligations on vesting equity awards.
According to the filing, this was a tax-withholding disposition rather than an open-market sale and was made in connection with the vesting of restricted stock and performance share unit awards under AvalonBay's equity incentive plan. After this transaction, Walsh directly owned 9,429 shares of 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 | 690 | $177.23 | $122K |
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.
- F2. The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AvalonBay Communities (AVB) report for Alaine Susan Walsh?
Was Alaine Walsh’s AvalonBay (AVB) Form 4 transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.