AVALONBAY COMMUNITIES INC 4

CFO Kevin P. O'Shea reported merger-related conversions of 57,693 AVB common shares (including a 24,467-share PSU-related deemed acquisition) and 13,966 AVB stock options into equivalent Equity Residential/Vivmark equity and options, rather than open-market trades.

On August 17, 2026, AvalonBay Communities Inc. CFO Kevin P. O'Shea reported a merger-related conversion of his equity holdings rather than an open-market trade. A deemed acquisition of 24,467 shares of AVB common stock was recorded, bringing his total direct beneficial ownership to 57,693.2842 AVB shares immediately before they were automatically converted into Equity Residential (now Vivmark Residential) equity at the 2.793 exchange ratio in connection with the AVB–EQR merger of equals. Concurrently, 57,693.2842 AVB common shares were shown as disposed of (a technical disposition reflecting conversion into EQR shares plus cash for any fractional shares), and 13,966 employee stock options with a $180.32 exercise price were also treated as disposed of for AVB shares and replaced with options on EQR shares adjusted by the same exchange ratio. Using the AVB reference price of $184.06, the deemed AVB share position before conversion was worth approximately $10.6 million, and the options block had intrinsic value of roughly $53,000, with no indication of discretionary buying or selling by the insider.

Filing Facts

CIK

915912

Ticker

AVB

Form

4

Source Type

sec

Accession

0001193125-26-354228

Alert Tier

5