MAA executive Adrian Hill reports 384-share tax withholding transaction

Mid America Apartment Communities executive Adrian Hill reported a tax-related share disposition.

Rhea-AI Filing Summary

Mid America Apartment Communities executive Adrian Hill reported a tax-related share disposition. As EVP and Chief Investment Officer and a director of MAA, Hill had 384 shares of common stock disposed of on 01/06/2026 at a price of $138.17 per share, coded "F" for shares withheld to cover taxes. A footnote explains that the disposals were withheld to satisfy taxes due on vesting of shares earned and issued under a prior-year restricted stock plan, rather than an open-market sale. After this transaction, Hill beneficially owned 55,137.647 MAA common shares directly and 1,030 shares indirectly through the Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE.

Insider Trade Summary

Exercise Price or Tax Liability: 384 shares

Exercise Price or Tax Liability 2 txns

Insider Hill Adrian

Role EVP, Chief Investment Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	384	$138.17	$53K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 55,137.647 shares (Direct); Common Stock — 1,030 shares (Indirect, Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE)

Footnotes (1)

1. F1. Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did MAA executive Adrian Hill report on this Form 4?

Adrian Hill, EVP and Chief Investment Officer and a director of Mid America Apartment Communities (MAA), reported a disposition of 384 shares of MAA common stock on 01/06/2026.

Was the MAA Form 4 transaction by Adrian Hill an open-market sale?

No. The transaction is coded "F", and a footnote states the disposals were shares withheld to cover taxes related to vesting of shares earned and issued under a prior-year restricted stock plan.

At what price were Adrian Hill’s MAA shares withheld for taxes?

The 384 MAA common shares were disposed of at a price of $138.17 per share in the tax-withholding transaction dated 01/06/2026.

How many MAA shares does Adrian Hill own after the reported transaction?

Following the transaction, Adrian Hill beneficially owned 55,137.647 MAA common shares directly and 1,030 shares indirectly through the Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE.

What roles does Adrian Hill hold at Mid America Apartment Communities (MAA)?

Adrian Hill is reported as both a director and an officer of MAA, with the officer title EVP, Chief Investment Officer.

How are the indirectly held MAA shares reported for Adrian Hill?

Indirect beneficial ownership of 1,030 MAA common shares is reported under the entity Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/08/2026 - 04:31 PM Learn about SEC filing dates

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
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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^*

Hill Adrian

(Last) (First) (Middle)

6815 POPLAR AVE

SUITE 500

(Street)

GERMANTOWN TN 38138

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MID AMERICA APARTMENT COMMUNITIES INC. [ MAA ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

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	01/06/2026		F(1)		384	D	$138.17	55,137.647	D
Common Stock								1,030	I	Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE

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. Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

	/s/ Kellye Clouse	01/08/2026
	** 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.
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