AVALONBAY COMMUNITIES INC 4

Executive Vice President Pamela Rogers Thomas had 13,561 AVB shares deemed acquired from performance-based RSUs and a total of 23,879 AVB shares automatically converted into Vivmark/EQR equity in a merger-related transaction on 2026-08-17.

On August 17, 2026, Executive Vice President Pamela Rogers Thomas reported a merger‑related restructuring of her AvalonBay Communities, Inc. (AVB) equity holdings in connection with AVB’s merger of equals with Equity Residential (EQR). She had 13,561 shares of AVB common stock deemed acquired under performance-based restricted stock units (PSUs) that vested based on Compensation Committee determinations at the effective time of the merger, and her total beneficial ownership in AVB common stock (including restricted shares and earned PSUs) was 23,879 shares immediately before being converted. At the effective time, all 23,879 AVB shares were automatically disposed of and converted into the right to receive EQR common shares (now Vivmark Residential) or operating partnership units at the fixed 2.793 exchange ratio plus cash in lieu of any fractional share, a mechanical conversion rather than an open‑market sale or purchase. Using the AVB closing price of $184.06 per share on August 14, 2026, the deemed acquisition of 13,561 shares represents approximately $2.5 million of equity value, and the total 23,879 shares converted represent about $4.4 million, with the resulting Vivmark/EQR equity and units continuing to be subject to the original time-based vesting terms for the PSU-derived awards.

Filing Facts

CIK

915912

Ticker

AVB

Form

4

Source Type

sec

Accession

0001193125-26-354226

Alert Tier

6