APARTMENT INVESTMENT & MANAGEMENT CO·4

Feb 2, 7:09 PM ET

Powell Wesley William 4

Research Summary

AI-generated summary

Updated

AIV CEO Wesley Powell Pays Tax Withholding on 100,170 Shares

What Happened

  • Wesley William Powell, President & CEO and a director of Apartment Investment & Management Co (AIV), had 100,170 shares disposed on Feb 1, 2026 to satisfy a tax liability (transaction code F). The shares were valued at $5.88 each, totaling about $589,000. This was a tax-withholding/settlement of an equity event rather than an open-market, discretionary sale.

Key Details

  • Transaction date: 2026-02-01; Filing date: 2026-02-02 (filed the next day, generally timely for Form 4).
  • Price per share: $5.88; Shares disposed: 100,170; Total value ≈ $589,000.
  • Transaction code: F — Payment of exercise price or tax liability (shares withheld to cover taxes).
  • Shares owned after transaction: not specified in the summary provided; see the full Form 4 for post-transaction holdings.
  • No 10b5-1 plan or late-filing flag noted in the provided data.

Context

  • Code F transactions typically mean shares were withheld to satisfy tax withholding obligations following an equity award or option exercise. This is a routine administrative step and not necessarily a market-driven sale; it reduces the insider’s outstanding shares but doesn’t signal new buying interest.
  • For investors tracking insider behavior: purchases generally carry more informational weight than routine withholding dispositions like this one.