AvalonBay Communities, Inc. filings document the reporting profile of a Maryland multifamily REIT with common stock listed on the New York Stock Exchange under AVB. Form 8-K reports furnish quarterly operating results and supplemental exhibits covering EPS, FFO, Core FFO, same-store residential NOI, guidance and other financial information.
Regulatory filings also cover capital-structure activity, including public senior note offerings and related underwriting agreements, as well as governance matters such as director appointments and definitive proxy disclosures. Proxy materials document board composition, executive compensation, shareholder voting items and other public-company governance subjects.
AvalonBay Communities director Charles E. Mueller Jr. received an award of 176 Deferred Stock Units in the form of common stock under the company’s equity incentive plan. The award was taken in lieu of his quarterly cash director fee and carried a price of $0.00 per share.
The units convert into common stock on a one-for-one basis after he ceases to be a director. Following this grant, he directly owns a total of 7,474.4718 shares of common stock, including these units, some of which may be subject to vesting requirements.
AvalonBay Communities director Terry S. Brown received an award of 203 shares of common stock in the form of Deferred Stock Units under the company’s Second Amended and Restated 2009 Equity Incentive Plan. These units were granted in lieu of his quarterly cash director fee and will convert into common stock on a one-for-one basis after he ceases to be a director.
After this award, Brown directly owns a total of 19,580.6415 shares of common stock, including all Deferred Stock Units, some of which may be subject to vesting requirements.
AvalonBay Communities director Conor C. Flynn received 135 Deferred Stock Units as part of his quarterly board compensation. These units were granted in lieu of a cash director fee under the company’s equity incentive plan and carry a zero dollar grant price.
The Deferred Stock Units will convert into common stock on a one-for-one basis after Flynn ceases to be a director. Following this grant, he directly owns a total of 921.2032 shares of common stock, including these units, some of which may be subject to vesting requirements.
Equity Residential and AvalonBay agreed to combine in an all‑stock merger of equals. Under the Merger Agreement, each outstanding AvalonBay common share will convert into 2.793 Equity Residential common shares (the Exchange Ratio). The combined board will have 14 members with leadership appointments for Stephen E. Sterrett as Chairman and Benjamin W. Schall as Chief Executive Officer effective at closing.
The transaction contemplates an Asset Contribution by AvalonBay prior to a statutory merger, customary closing conditions (including shareholder approvals and an effective Form S-4), and a commitment letter providing up to $2,000,000,000 of senior unsecured bridge loans. Termination fees for certain break scenarios are specified, and equity award, option and dividend treatments are defined in the Merger Agreement.
AvalonBay Communities, Inc. and Equity Residential entered into an Agreement and Plan of Merger to combine in an all-stock merger-of-equals. Under the agreement, each outstanding AvalonBay share will convert into 2.793 Equity Residential common shares at the Effective Time.
The combined board will have 14 members with specified leadership appointments; certain AvalonBay awards, options and deferred units will convert into Equity Residential awards or OP Units on the stated conversion formulas. The transaction is subject to customary closing conditions, shareholder approvals and regulatory clearances.
AvalonBay Communities announced an all-stock merger of equals with Equity Residential, creating a combined multifamily REIT with a pro forma equity market value of about $52 billion and total enterprise value of about $69 billion.
Each AvalonBay share will be converted into 2.793 Equity Residential common shares, leaving AvalonBay shareholders with roughly 51.2% of the combined company and Equity Residential shareholders with about 48.8%. The new company, to be renamed at closing, will own more than 180,000 apartments and be governed by a 14‑member board split evenly between the two firms. Benjamin W. Schall will serve as CEO and Stephen E. Sterrett as board chair, with dual headquarters in Arlington, VA and Chicago, IL.
AvalonBay Communities, Inc. reported strong first-quarter 2026 results, with net income attributable to common stockholders of $325.7 million, up from $236.6 million. Basic and diluted EPS rose to $2.33 from $1.66.
Total revenue increased to $770.3 million from $745.9 million, helped by higher rental income and a $179.9 million gain on the sale of three communities for $340.8 million. Same Store residential NOI edged up 0.2%, as a 1.6% rise in residential revenue slightly outpaced a 4.7% increase in property operating expenses.
The company continues to invest heavily in growth, with 25 wholly owned communities under construction totaling 8,673 homes and an expected capitalized cost of $3.39 billion, plus rights to develop another 30 communities. Debt totaled $9.36 billion, and AvalonBay had $1.73 billion of availability under its $2.5 billion credit facility. The company repurchased 1.13 million shares for $198.5 million and declared dividends of $1.78 per share.
AvalonBay Communities Inc ownership filing: Vanguard Capital Management reports beneficial ownership of 10,714,747 shares of AvalonBay common stock, representing 7.64% of the class as of 03/31/2026. The filing shows sole voting power for 1,503,272 shares and sole dispositive power for 10,714,747 shares. The filing is signed by Ashley Grim on 04/29/2026 and states these shares include positions held for Vanguard funds and managed accounts.
AvalonBay Communities, Inc. filed a shelf prospectus on to register up to 1,059,995 shares of common stock to permit the issuance of shares upon redemption or exchange of up to 1,059,995 DownREIT Units issued in connection with the BSR transaction. DownREIT Units are not redeemable until April 30, 2026, and AvalonBay may elect to redeem for cash instead of stock. The company will not receive cash proceeds from shares issued on exchange; such issuances increase Aqua GP’s ownership of the DownREIT. The prospectus states shares outstanding of 139,112,068 as of April 27, 2026 and a reported NYSE closing price of $183.50 on April 28, 2026.