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Mid America Apartment Communities (MAA) EVP details January 2026 insider trades

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Mid America Apartment Communities executive reports stock grants and small sales. The company’s EVP, Chief Strategy & Analysis filed details of recent transactions in MAA common stock. On 01/04/2026, 126 shares were disposed of at $139.13 under code F to cover taxes tied to previously earned restricted stock. On 01/06/2026, 1,556 shares of common stock were acquired at $0, reflecting vested restricted stock, and 58 shares were sold at $136.5 under a Rule 10b5-1 trading plan to meet additional tax obligations. After these moves, the executive directly owns 19,284.364 shares, with additional indirect holdings through an ESOP and an IRA.

Positive

  • None.

Negative

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Insider Argo Timothy
Role EVP, Chief Strategy & Analysis
Sold 58 shs ($8K)
Type Security Shares Price Value
Grant/Award Common Stock 1,556 $0.00 --
Sale Common Stock 58 $136.50 $8K
Tax Withholding Common Stock 126 $139.13 $18K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 19,342.364 shares (Direct); Common Stock — 804.395 shares (Indirect, Allocated shares in ESOP)
Footnotes (1)
  1. Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan. Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock 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).
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*
Argo Timothy
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Strategy & Analysis
3. Date of Earliest Transaction (Month/Day/Year)
01/04/2026
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 01/04/2026 F(1) 126 D $139.13 17,786.364 D
Common Stock 01/06/2026 A 1,556 A $0 19,342.364 D
Common Stock 01/06/2026 S(2) 58 D $136.5 19,284.364 D
Common Stock 804.3951 I Allocated shares in ESOP
Common Stock 28.534 I IRA
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.
2. Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock plan.
/s/ Kellye Clouse 01/06/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did MAA executive report in early January 2026?

The EVP, Chief Strategy & Analysis of Mid America Apartment Communities (MAA) reported tax-related share disposals, a restricted stock vesting, and a small open-market sale between 01/04/2026 and 01/06/2026.

How many MAA shares did the executive acquire and sell in this Form 4?

The executive acquired 1,556 shares of MAA common stock at $0 from vesting restricted stock and sold 58 shares at $136.5, along with a prior disposal of 126 shares at $139.13 to cover taxes.

Why were some of the MAA shares disposed of by the executive?

The filing explains that 126 shares were withheld to cover taxes related to vesting of restricted stock, and the 58-share sale was done to meet additional tax obligations tied to previously earned restricted stock.

Was the MAA insider sale made under a Rule 10b5-1 trading plan?

Yes. The 58-share open-market sale at $136.5 on 01/06/2026 was made under a Rule 10b5-1 plan adopted by the reporting person.

How many MAA shares does the executive own after these transactions?

After the reported transactions, the executive owns 19,284.364 shares of MAA common stock directly, plus 804.3951 shares allocated in an ESOP and 28.534 shares held in an IRA.

What is the executive’s role at Mid America Apartment Communities (MAA)?

The reporting person is an officer of Mid America Apartment Communities, serving as EVP, Chief Strategy & Analysis, according to the Form 4.