Mid-America (MAA) EVP Amber Fairbanks reports tax-related stock sales

Rhea-AI Filing Summary

Mid-America Apartment Communities executive Amber Fairbanks reported small stock transactions related to tax obligations. As EVP, Property Management, she had 95 shares of common stock withheld on 01/06/2026 at $138.17 per share to cover taxes due on previously earned restricted stock that vested. These shares were treated as a disposal for tax withholding purposes.

On 01/08/2026, she sold 185 shares of common stock at $134.98 per share in an open market transaction made under a pre-arranged Rule 10b5-1 trading plan. The filing explains that this sale was also to meet additional tax obligations tied to earlier restricted stock vesting. After these transactions, she directly held 3,519 shares of Mid-America Apartment Communities common stock.

Insider Trade Summary

Net Seller: 280 shares

Net Sell 2 txns

Insider Fairbanks Amber

Role EVP, Property Management

Sold 185 shs ($25K)

Type	Security	Shares	Price	Value
Sale	Common Stock	185	$134.98	$25K
Exercise Price or Tax Liability	Common Stock	95	$138.17	$13K

Holdings After Transaction: Common Stock — 3,519 shares (Direct)

Footnotes (2)

1. F1. Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.
2. 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.

FAQ

Who is the insider involved in this MAA Form 4 filing?

The reporting person is Amber Fairbanks, who serves as EVP, Property Management at Mid-America Apartment Communities, Inc. (MAA).

How many MAA shares did Amber Fairbanks sell or dispose of in this filing?

She reported 95 shares disposed of on 01/06/2026 at $138.17 per share for tax withholding and an open market sale of 185 shares on 01/08/2026 at $134.98 per share.

Why were some of Amber Fairbanks’ MAA shares disposed of on January 6, 2026?

The 95-share disposal on 01/06/2026 was withheld to cover taxes related to the vesting of shares earned and issued under a prior year restricted stock plan.

Was the January 8, 2026 MAA stock sale by Amber Fairbanks under a 10b5-1 plan?

Yes. The 185-share sale on 01/08/2026 was an open market transaction made under a pre-adopted Rule 10b5-1 trading plan.

What was the purpose of the January 8, 2026 MAA share sale by Amber Fairbanks?

The filing states the 185 shares were sold to meet additional tax obligations related to vestings of previously earned restricted stock.

How many MAA shares does Amber Fairbanks hold after these transactions?

Following the reported transactions, Amber Fairbanks directly beneficially owned 3,519 shares of Mid-America Apartment Communities common stock.

Are Amber Fairbanks’ reported MAA holdings direct or indirect?

The filing shows her ownership of the 3,519 shares as direct (D) beneficial ownership.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/08/2026 - 04:48 PM Learn about SEC filing dates

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^*

Fairbanks Amber

(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, Property Management

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)		95	D	$138.17	3,704	D
Common Stock	01/08/2026		S(2)		185	D	$134.98	3,519	D

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.