AVALONBAY COMMUNITIES INC 4

Susan Swanezy converted 15,980.6101 AvalonBay Communities (AVB) common shares and deferred stock units into Equity Residential/Vivmark shares pursuant to the August 17, 2026 merger of equals.

On August 17, 2026, insider Susan Swanezy disposed of 15,980.6101 shares of AvalonBay Communities, Inc. (AVB) common stock and related deferred stock units in a transaction coded as a disposition in connection with the closing of AVB’s merger of equals with Equity Residential (EQR). Under the merger agreement, each AVB share and each deferred stock unit held by Swanezy was automatically converted into the right to receive 2.793 EQR common shares, with cash in lieu of any fractional EQR shares, and EQR subsequently changed its name to Vivmark Residential. Based on AVB’s August 14, 2026 closing price of $184.06 per share, the disposed AVB equity was worth approximately $2.94 million, and using the same price context her post‑merger economic interest (now held in EQR/Vivmark shares) would be of comparable value rather than representing an open‑market sale. This Form 4 thus reflects a structural equity conversion and board‑ or shareholder‑approved corporate event rather than discretionary trading activity by the insider.

Filing Facts

CIK

915912

Ticker

AVB

Form

4

Source Type

sec

Accession

0001193125-26-354182

Alert Tier

6