MAA executive logs stock grant and small sale
MID AMERICA APARTMENT COMMUNITIES INC. executive Timothy Argo, EVP Chief Strategy & Analysis, reported a mix of stock grant, tax withholding, and a small sale.
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Form Type
4
Rhea-AI Filing Summary
MID AMERICA APARTMENT COMMUNITIES INC. executive Timothy Argo, EVP Chief Strategy & Analysis, reported a mix of stock grant, tax withholding, and a small sale. He received 2,637 shares of common stock as a grant, with 298 shares withheld to cover taxes related to vesting under a prior restricted stock plan. He then sold 183 shares at $124.73 per share in an open-market transaction pursuant to a pre-arranged Rule 10b5-1 trading plan to meet additional tax obligations. After these transactions, he directly holds 21,382.0813 common shares, plus additional indirect holdings through an ESOP allocation and an IRA.
Insider Trade Summary 10b5-1
Net Seller: 183 shares
Net Sell
5 txns
Insider
Argo Timothy
Role
EVP, Chief Strategy & Analysis
Sold
183 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 183 | $124.73 | $23K |
| Grant/Award | Common Stock | 2,637 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 298 | $122.55 | $37K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,382.0813 shares (Direct);
Common Stock — 804.3951 shares (Indirect, Allocated shares in ESOP);
Common Stock — 28.8628 shares (Indirect, IRA)
Footnotes (2)
- F1. Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.
- F2. 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.
Key Figures
Stock grant: 2,637 shares
Tax-withheld shares: 298 shares
Open-market sale: 183 shares at $124.73
+4 more
7 metrics
Stock grant
2,637 shares
Common stock grant on 2026-04-01 at $0.0000
Tax-withheld shares
298 shares
Shares withheld for taxes at $122.55 on 2026-04-01
Open-market sale
183 shares at $124.73
Sale on 2026-04-06 under Rule 10b5-1 plan
Direct holdings after transactions
21,382.0813 shares
Common stock directly owned after 2026-04-06 sale
ESOP indirect holdings
804.3951 shares
Allocated shares in ESOP as of 2026-04-01
IRA indirect holdings
28.8628 shares
IRA-held common stock as of 2026-04-01
Net buy/sell shares
-183 shares
Net open-market direction in this filing (net-sell)
Key Terms
Rule 10b5-1, restricted stock plan, tax-withholding disposition, ESOP, +1 more
5 terms
Rule 10b5-1 regulatory
"Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
restricted stock plan financial
"shares of restricted stock previously earned under a prior year restricted stock plan"
A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
ESOP financial
"Allocated shares in ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MAA executive Timothy Argo report on this Form 4?
Timothy Argo reported a stock grant, tax withholding, and a small sale. He received 2,637 MAA common shares, had 298 shares withheld for taxes, and sold 183 shares in an open-market transaction disclosed in the filing.
Was the MAA insider stock sale by Timothy Argo part of a Rule 10b5-1 plan?
Yes. The filing states the 183-share open-market sale was made under a pre-arranged Rule 10b5-1 trading plan. These plans schedule trades in advance, and the filing notes the sale helped meet tax obligations from restricted stock vestings.
What does the tax-withholding disposition on Timothy Argo’s MAA Form 4 mean?
A tax-withholding disposition means shares were withheld instead of cash to pay taxes on stock vesting. Here, 298 MAA shares were delivered to satisfy tax liabilities arising from restricted stock earned and issued under a prior year restricted stock plan.
How large is the open-market sale reported by MAA executive Timothy Argo?
The open-market sale covered 183 MAA common shares at a price of $124.73 per share. The footnotes state this transaction occurred under a Rule 10b5-1 plan and was conducted to meet additional tax obligations linked to earlier restricted stock vestings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
