MAA (MAA) EVP Adrian Hill receives 10,907-share grant with tax withholding

Rhea-AI Filing Summary

Mid America Apartment Communities EVP and Chief Investment Officer Adrian Hill reported routine equity compensation and related tax withholding. On April 1, he received a grant of 10,907 shares of common stock at no cost as an award, then had 1,612 shares withheld at $122.55 per share to cover taxes tied to vesting under a prior-year restricted stock plan. After these transactions, he holds 64,432.647 shares directly and 1,030 shares indirectly through a family trust.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Hill Adrian

Role EVP, Chief Investment Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,907	$0.00	--
Tax Withholding	Common Stock	1,612	$122.55	$198K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 66,044.647 shares (Direct); Common Stock — 1,030 shares (Indirect, Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE)

Footnotes (1)

1. [object Object]

Key Figures

Stock grant: 10,907 shares Tax withholding shares: 1,612 shares Withholding price: $122.55 per share +3 more

6 metrics

Stock grant 10,907 shares Common stock award on April 1

Tax withholding shares 1,612 shares Withheld to cover taxes related to vesting

Withholding price $122.55 per share Value used for tax-withholding disposition

Direct holdings after transactions 64,432.647 shares Common stock directly owned after April 1 activity

Indirect holdings 1,030 shares Held via Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE

Tax withholding total shares (summary) 1,612 shares TaxWithholdingShares in transaction summary

Key Terms

restricted stock plan, tax liability, indirect, Form 4, +1 more

5 terms

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 liability financial

"Payment of exercise price or tax liability by delivering securities"

indirect financial

"total_shares_following_transaction: "1030.0000", direct_or_indirect: "I""

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.

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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).

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^*

Hill Adrian

(Last) (First) (Middle)

6815 POPLAR AVE

SUITE 500

(Street)

GERMANTOWN TENNESSEE 38138

(City) (State) (Zip)

UNITED STATES

(Country)

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Investment Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/01/2026		A		10,907	A	$0	66,044.647	D
Common Stock	04/01/2026		F(1)		1,612	D	$122.55	64,432.647	D
Common Stock								1,030	I	Hill Family Irr TR FBO Terry Hill, Adrian Hill TTEE

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.

	/s/ Kellye Clouse	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)