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MID AMERICA APARTMENT COMMUNITIES INC. executive vice president and Chief Tech & Innovation officer Joseph Fracchia reported routine equity compensation activity in company common stock. On April 1, 2026, he acquired 1,632 shares as a grant or award at no cash cost.
On the same date, 272 shares were disposed of at $122.55 per share to cover tax liabilities related to the vesting of shares earned under a prior year restricted stock plan, as disclosed in the footnote. Following these transactions, he holds 13,018.9243 shares of common stock directly.
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.
Mid America Apartment Communities EVP and CFO Aubrey Clay reported routine equity compensation activity and a small stock sale. On April 1, 2026, Clay received a grant of 3,643 shares of common stock, with 237 shares withheld to satisfy tax obligations tied to vested restricted stock.
On April 6, 2026, Clay sold 145 shares of common stock at $124.73 per share in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan, primarily to meet additional tax obligations related to prior restricted stock vestings. Following these transactions, Clay directly holds 13,679 shares of MAA common stock.
Mid-America Apartment Communities, Inc. is asking shareholders to vote on board, pay and auditor items at its 2026 virtual annual meeting. The online meeting is scheduled for May 19, 2026 at 12:30 p.m. CDT, with access and early voting available using a 16-digit control number.
Shareholders are being asked to elect nine director nominees for one-year terms, approve on an advisory basis 2025 compensation for named executive officers, and ratify Ernst & Young LLP as independent auditor for 2026. The board will shrink to nine members as two long-serving directors retire under a mandatory age-75 policy. The company highlights an independent board structure with a separate CEO and Executive Chairman, a Lead Independent Director, majority independence and fully independent key committees.
Mid-America Apartment Communities Inc Schedule 13G/A amendment shows The Vanguard Group reporting zero beneficial ownership of Common Stock following an internal realignment. The filing states certain Vanguard subsidiaries and business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538, and Vanguard no longer is deemed to beneficially own securities held by those units. The filing is signed by the Head of Global Fund Administration.
Case John reported acquisition or exercise transactions in this Form 4 filing.
Mid America Apartment Communities director John Case reported a compensation-related grant of phantom stock. On March 17, 2026, he received 50 shares of phantom stock, each economically equivalent to one share of common stock, tied to a reference price of $128.07 per unit. Following this award, he holds 4,272.893 phantom stock units and 200 shares of common stock directly. The phantom stock will be paid in two equal annual installments after he stops serving as a director, in cash or common stock at his election, rather than reflecting an open-market purchase or sale.
KELLY GREEN EDITH reported acquisition or exercise transactions in this Form 4 filing.
MID AMERICA APARTMENT COMMUNITIES INC. director Edith Kelly Green received a grant of 207 shares of phantom stock, each economically equivalent to one share of common stock, at a reference price of $128.07 per share. After this award, she holds a total of 8,445.931 phantom stock units. These units will be paid in two equal annual installments, in cash or common stock at her election, beginning within 90 days after the calendar year in which she stops serving as a director.
Caplan Deborah H reported acquisition or exercise transactions in this Form 4 filing.
MID AMERICA APARTMENT COMMUNITIES INC. director Deborah H. Caplan received a grant of 113 phantom stock units on common stock at a reference price of $128.07 per unit. Each phantom share is economically equivalent to one share of common stock.
Following the award, Caplan holds 1,304.104 phantom stock units and 3,970 shares of common stock directly. The phantom stock will be paid in two equal annual installments, beginning within 90 days after the calendar year in which she ceases to serve as a director, in cash or common stock at her election.
Mid-America Apartment Communities furnished an investor presentation for the 2026 Citi Global Property CEO Conference outlining its outlook, strategy and balance sheet position. The company highlights a Sunbelt-focused multifamily portfolio with approximately $22.0B total capitalization, A3/A- credit ratings and over 30 years as a public company.
For 2026, MAA targets Core FFO per diluted share between $8.35 and $8.71 and expects steady same-store occupancy around 95.3%–95.9%, modest property revenue growth and flat to slightly negative same-store NOI growth. Guidance incorporates low new multifamily supply in its markets, continued rent affordability gaps versus single-family ownership and strong resident retention.
The presentation details a development pipeline of roughly $1.0–$1.2 billion with expected stabilized NOI yields of 6.0%–6.5%, acquisitions targeting about 5.5% NOI yields after concessions burn off, and capital programs for unit redevelopments, property repositionings and technology (smart-home and community Wi‑Fi). MAA also emphasizes a largely fixed-rate, well-laddered debt profile with total debt and preferred capital of $5.4B, a Core FFO payout ratio of 68.6% and sustainability goals including 2018–2028 reductions in energy, greenhouse gas and water intensity.