Stanfield Lynn 4
Research Summary
AI-generated summary
AIV CFO Stanfield Lynn Sells 20,322 Shares to Cover Taxes
What Happened
- Stanfield Lynn, EVP and Chief Financial Officer of Apartment Investment & Management Co. (AIV), had a total of 20,322 shares disposed as tax-withholding related transactions. The filings show 2,673 shares on 2026-01-31 and 17,649 shares on 2026-02-01, each at $5.88 per share, totaling roughly $119,493.
- These were not open-market sales for cash gain but share withholdings to satisfy tax liabilities (transaction code F), which is a routine administrative disposition rather than a directional trade signal.
Key Details
- Transaction dates and prices: 2026-01-31 — 2,673 shares @ $5.88 ($15,717); 2026-02-01 — 17,649 shares @ $5.88 ($103,776).
- Total shares withheld/disposed: 20,322; total value about $119,493.
- Shares owned after the transactions: not specified in the excerpt provided — see the full Form 4 for post-transaction holdings.
- Footnotes/plan info: transaction code F indicates tax withholding; no 10b5-1 plan or other instructions were disclosed in the provided data.
- Filing: Form 4 filed 2026-02-02 (appears to be within the standard two-business-day filing window).
Context
- These transactions typically reflect a cashless exercise/settlement or tax withholding on exercised options or vested awards; the shares were surrendered to cover taxes rather than sold in the open market.
- Such withholdings are common and routine for executives and do not by themselves indicate a change in the insider’s view of the company.