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Mid-America Apartment (MAA) EVP, General Counsel reports stock sale and gift

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Mid-America Apartment Communities executive reports stock sale and gift under 10b5-1 plan. The company’s EVP and General Counsel reported two transactions in common stock dated 01/02/2026.

The first was an open-market sale of 5,426 shares of common stock at an average weighted price of $138.23 per share, with prices ranging from $137.63 to $139.03, executed pursuant to a Rule 10b5-1 trading plan adopted on August 12, 2025. After this sale, the reporting person held 49,745.4148 shares directly.

The second transaction was a gift of 719 shares, also pursuant to the same 10b5-1 plan, leaving the reporting person with 49,026.4148 shares of Mid-America Apartment Communities common stock owned directly.

Positive

  • None.

Negative

  • None.
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).
X
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*
DelPriore Robert J.

(Last) (First) (Middle)

(Street)
6815 POPLAR AVENUE 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026
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 01/02/2026 S(1) 5,426 D $138.23(2) 49,745.4148 D
Common Stock 01/02/2026 G(3) V 719 D $0 49,026.4148 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. Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person on August 12, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
2. This sale price represents the average weighted sale price of the shares sold ranging from $137.63 to $139.03 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the Form 4.
3. Gift pursuant to 10b5-1 plan adopted by the Reporting Person on August 12, 2025 in accordance with Rule 10b5-1 of Securities Exchange Act of 1934, as amended.
/s/ Kellye Clouse 01/05/2026
** 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 insider transactions did Mid-America Apartment Communities (MAA) report on this Form 4?

The EVP and General Counsel reported an open-market sale of 5,426 shares of common stock and a separate gift of 719 shares, both dated 01/02/2026.

Who is the reporting person in this Mid-America Apartment Communities (MAA) Form 4?

The reporting person is an officer of Mid-America Apartment Communities, serving as EVP, General Counsel, and filed the form as a single reporting person.

At what price were the Mid-America Apartment Communities (MAA) shares sold?

The reported sale involved 5,426 shares of common stock at an average weighted price of $138.23 per share, with individual sale prices ranging from $137.63 to $139.03.

How many Mid-America Apartment Communities (MAA) shares does the insider own after these transactions?

After the reported sale and gift, the officer beneficially owns 49,026.4148 shares of Mid-America Apartment Communities common stock directly.

Were the Mid-America Apartment Communities (MAA) insider transactions under a Rule 10b5-1 plan?

Yes. Both the open market sale and the gift of shares were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 12, 2025.

What type of transaction code is used for the Mid-America Apartment Communities (MAA) sale and gift?

The sale is coded as S (open market sale), and the gift is coded as G, both reported in the non-derivative securities table.

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