AVALONBAY COMMUNITIES INC 4

Senior Vice President Sean Thomas Willson received 1,430 AVB shares from performance-based RSUs and concurrently disposed of 5,902.7233 AVB shares in a merger-related conversion into Equity Residential/Vivmark equity.

On August 17, 2026, Senior Vice President Sean Thomas Willson reported the vesting and conversion of performance-based restricted stock units into 1,430 shares of AvalonBay Communities, Inc. common stock and, simultaneously, the disposition of his entire 5,902.7233-share AVB position in connection with the merger of AvalonBay into Equity Residential (renamed Vivmark Residential). The acquisition (coded “A”) reflects deemed stock received from PSUs at a $0 Form 4 price, while the disposition (coded “D”) reflects an automatic, merger-driven conversion of all AVB shares (including previously held, restricted shares and PSUs) into the right to receive EQR common shares and/or ERP OP units at a fixed exchange ratio of 2.793 EQR shares per AVB share, plus cash in lieu of fractional shares. Using the disclosed AVB closing price of $184.06 on August 14, 2026, the PSU-related 1,430-share award represents approximately $263,206 in value, and the total 5,902.7233 shares disposed represent roughly $1,086,419, but these are primarily non-open-market, compensation- and merger-related equity events rather than discretionary insider buying or selling. After the transaction, the Form 4 shows zero AVB shares directly owned, with the economic interest rolling into EQR/Vivmark equity per the merger terms.

Filing Facts

CIK

915912

Ticker

AVB

Form

4

Source Type

sec

Accession

0001193125-26-354209

Alert Tier

5