AVALONBAY COMMUNITIES INC 4

Director Glyn Aeppel disposed of 15,659.3601 shares of AvalonBay Communities, Inc. common stock in a merger-related stock conversion into Equity Residential (Vivmark Residential) shares.

On August 17, 2026, director Glyn Aeppel reported the disposition of 15,659.3601 shares of AvalonBay Communities, Inc. common stock in connection with the completion of a merger of equals between AvalonBay Communities, Inc. (AVB) and Equity Residential (EQR), in which AVB merged into a subsidiary of EQR (renamed Vivmark Residential). The Form 4 indicates a code "D" disposition of AVB common stock with 0 AVB shares owned directly afterward, reflecting that the reporting person’s AVB deferred stock units and common shares were converted at the merger’s effective time into the right to receive EQR common shares based on a fixed exchange ratio of 2.793 EQR shares for each AVB deferred stock unit. Using the quoted AVB closing price of $184.06 on August 14, 2026, the reported disposition represents an implied transaction value of approximately $2.9 million, and the reported post-transaction holding in AVB common stock is zero because the economic exposure has shifted from AVB to EQR/Vivmark Residential equity.

Filing Facts

CIK

915912

Ticker

AVB

Form

4

Source Type

sec

Accession

0001193125-26-354180

Alert Tier

6