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Mid-America Apartment Communities (MAA) EVP & CHRO logs tax-related stock sales

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

Rhea-AI Filing Summary

Mid-America Apartment Communities EVP & CHRO Melanie Carpenter reported sales of company common stock mainly tied to tax obligations on vested equity awards. On January 6, 2026, 62 shares were disposed of at $138.17 per share to cover taxes related to shares earned and issued under a prior-year restricted stock plan. On January 8, 2026, 145 shares were sold in an open-market transaction at $134.98 per share under a pre-arranged Rule 10b5-1 trading plan, also to meet additional tax obligations from prior restricted stock vestings. After these transactions, Carpenter beneficially owned 20,830 shares directly and 1,011.1617 shares indirectly as allocated ESOP shares.

Positive

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Negative

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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*
Carpenter Melanie

(Last) (First) (Middle)
6815 POPLAR AVE

(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 & CHRO
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) 62 D $138.17 20,975 D
Common Stock 01/08/2026 S(2) 145 D $134.98 20,830 D
Common Stock 1,011.1617 I Allocated Shares of ESOP
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 01/08/2026
** 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.
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 activity did MAA EVP & CHRO Melanie Carpenter report?

Melanie Carpenter reported two disposals of Mid-America Apartment Communities (MAA) common stock totaling 207 shares, primarily to cover tax obligations related to vested restricted stock.

How many MAA shares did Melanie Carpenter sell and at what prices?

She disposed of 62 shares on January 6, 2026 at $138.17 per share and sold 145 shares on January 8, 2026 at $134.98 per share.

Why were Melanie Carpenter’s MAA share disposals and sale executed?

The 62-share disposal was to cover taxes from restricted stock vesting, and the 145-share open-market sale under a Rule 10b5-1 plan was to meet additional tax obligations from previously earned restricted stock.

Were the MAA share sales by Melanie Carpenter under a 10b5-1 trading plan?

Yes. The 145-share open-market sale on January 8, 2026 was executed pursuant to a pre-adopted Rule 10b5-1 trading plan.

How many MAA shares does Melanie Carpenter own after these transactions?

Following the reported transactions, Melanie Carpenter beneficially owned 20,830 MAA common shares directly and 1,011.1617 shares indirectly as allocated ESOP shares.

What is Melanie Carpenter’s role at Mid-America Apartment Communities (MAA)?

Melanie Carpenter is an officer of Mid-America Apartment Communities, serving as EVP & CHRO according to the Form 4.

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16.05B
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REIT - Residential
Real Estate Investment Trusts
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United States
GERMANTOWN