AvalonBay (AVB) SVP receives restricted and performance share awards

Rhea-AI Filing Summary

AvalonBay Communities Senior Vice President Sean Thomas Willson reported equity awards of common stock. On February 26, 2026, he acquired 559 shares of restricted stock under the company’s Second Amended and Restated 2009 Equity Incentive Plan, which are subject to vesting requirements. He also acquired 404 shares earned from previously awarded performance share units under the same plan. Following these grants, he directly owns 4,622.186 shares of AvalonBay common stock, including restricted shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Willson Sean Thomas

Role Senior Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01 per share	559	$0.00	--
Grant/Award	Common Stock, par value $.01 per share	404	$0.00	--

Holdings After Transaction: Common Stock, par value $.01 per share — 4,218.186 shares (Direct)

Footnotes (1)

1. Reflects grant of shares of restricted stock under the Company's Second Amended and Restated 2009 Equity Incentive Plan, which shares are subject to vesting requirements. The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares. Reflects shares earned in connection with previously awarded performance share units issued under the Company's Second Amended and Restated 2009 Equity Incentive Plan.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Willson Sean Thomas

(Last) (First) (Middle)

C/O AVALONBAY COMMUNITIES, INC.

4040 WILSON BOULEVARD STE 1000

(Street)

ARLINGTON VA 22203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AVALONBAY COMMUNITIES INC [ AVB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.01 per share	02/26/2026		A		559(1)	A	$0	4,218.186(2)	D
Common Stock, par value $.01 per share	02/26/2026		A		404(3)	A	$0	4,622.186(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects grant of shares of restricted stock under the Company's Second Amended and Restated 2009 Equity Incentive Plan, which shares are subject to vesting requirements.

2. The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.

3. Reflects shares earned in connection with previously awarded performance share units issued under the Company's Second Amended and Restated 2009 Equity Incentive Plan.

	By Lee N. Davis under Power of Attorney dated as of December 5, 2024	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the latest Form 4 filing show for AvalonBay (AVB)?

The Form 4 shows Senior Vice President Sean Thomas Willson acquired AvalonBay common stock through equity awards. He received restricted shares and shares earned from performance units, increasing his direct holdings in the company’s stock, including restricted stock subject to vesting conditions.

How many AvalonBay (AVB) restricted shares were granted to Sean Willson?

Sean Willson was granted 559 shares of restricted AvalonBay common stock. These shares were issued under the Second Amended and Restated 2009 Equity Incentive Plan and are subject to vesting requirements before they fully belong to him without restrictions.

What performance-based AvalonBay (AVB) shares did Sean Willson receive?

He received 404 AvalonBay common shares earned from previously awarded performance share units. These units were granted under the company’s Second Amended and Restated 2009 Equity Incentive Plan and converted into shares based on performance conditions specified in that plan.

What is Sean Willson’s total AvalonBay (AVB) share ownership after these awards?

After these equity awards, Sean Willson directly owns 4,622.186 AvalonBay common shares. This total includes both regular and restricted shares, as clarified in the filing’s footnotes describing how his direct ownership is calculated following the reported transactions.

Were these AvalonBay (AVB) stock acquisitions open-market purchases?

No, the acquisitions were equity awards at zero price per share. They consisted of restricted stock grants and shares earned from performance share units under AvalonBay’s equity incentive plan, rather than open-market purchases using personal funds on a stock exchange.

Under which plan were Sean Willson’s AvalonBay (AVB) awards granted?

The awards were granted under AvalonBay’s Second Amended and Restated 2009 Equity Incentive Plan. This plan provides for restricted stock and performance share unit awards, with shares often subject to vesting and performance conditions before becoming fully unrestricted for the recipient.