MAA executive sells 731 shares after stock grant
Mid America Apartment Communities EVP & CHRO Melanie Carpenter reported routine equity compensation activity and a small tax-related sale.
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Form Type
4
Rhea-AI Filing Summary
Mid America Apartment Communities EVP & CHRO Melanie Carpenter reported routine equity compensation activity and a small tax-related sale. On April 1, she received a grant of 1,439 shares of common stock and had 295 shares withheld at $122.55 per share to cover taxes tied to vested restricted stock. On April 6, she sold 731 shares of common stock in an open-market transaction at an average price of $124.78 per share under a pre-arranged Rule 10b5-1 trading plan to meet additional tax obligations from prior restricted stock vestings. After these transactions, she directly owns 21,243 common shares and indirectly holds 1,011.1617 shares through allocated shares in an ESOP.
Insider Trade Summary 10b5-1
Net Seller: 731 shares
Net Sell
4 txns
Insider
Carpenter Melanie
Role
EVP & CHRO
Sold
731 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 731 | $124.78 | $91K |
| Grant/Award | Common Stock | 1,439 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 295 | $122.55 | $36K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,243 shares (Direct);
Common Stock — 1,011.1617 shares (Indirect, Allocated Shares of ESOP)
Footnotes (3)
- 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.
- F3. This sale price represents the average sale price of the shares sold ranging from $124.73 to $124.885 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.
Key Figures
Open-market sale: 731 shares at $124.78
Stock grant: 1,439 shares at $0.00
Tax withholding shares: 295 shares at $122.55
+3 more
6 metrics
Open-market sale
731 shares at $124.78
Common Stock sold on April 6, 2026
Stock grant
1,439 shares at $0.00
Common Stock award on April 1, 2026
Tax withholding shares
295 shares at $122.55
Shares withheld for taxes on April 1, 2026
Direct ownership after transactions
21,243 shares
Common Stock held directly after April 6, 2026
Indirect ESOP holdings
1,011.1617 shares
Allocated ESOP shares as of April 1, 2026
Net shares sold
731 shares
Net buy/sell direction is net-sell in summary
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 earned and issued 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 of 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MAA executive Melanie Carpenter report on this Form 4?
Melanie Carpenter reported a grant of 1,439 common shares, tax withholding of 295 shares, and an open-market sale of 731 shares. These moves reflect routine equity compensation vesting and related tax management rather than a major change in her ownership position.
What stock awards did MAA grant to Melanie Carpenter in this filing?
She received a grant of 1,439 shares of MAA common stock with a reported transaction price of $0.00 per share. The filing notes these shares were earned and issued under a prior year restricted stock plan, reflecting standard executive compensation.
What is the significance of the Rule 10b5-1 trading plan mentioned for MAA?
The filing explains the 731-share sale was made under a Rule 10b5-1 trading plan that Carpenter adopted in advance. Such plans pre-schedule trades, indicating the sale’s timing was pre-arranged and primarily aimed at funding tax obligations from restricted stock vestings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
