Johnson Jennifer 4

What Happened

• Jennifer Johnson, EVP, Chief Accounting Officer and General Counsel of Apartment Investment & Management Co. (AIV), disposed of 38,497 shares on 2026-04-15. The shares were reported as surrendered/withheld at $4.10 per share, for a total value of $157,838. The filing uses transaction code F, indicating the shares were used to pay an exercise price or satisfy tax withholding—this is a routine withholding rather than an open-market sale.

Key Details

• Transaction date: 2026-04-15; Price: $4.10 per share; Shares disposed: 38,497; Total value: $157,838.
• Transaction code: F (payment of exercise price or tax liability / share withholding).
• Shares owned after the transaction: not specified in the provided filing.
• Filing timeliness: Form 4 filed with the SEC on 2026-04-15 (same day as the reported transaction), indicating timely reporting.
• No separate open-market sale is reported in this Form 4; the disposition reflects tax-withholding/settlement.

Context

• This type of transaction typically reflects tax withholding tied to a prior equity award or option exercise (a cashless settlement or share surrender) and is generally considered routine administrative activity rather than a directional bet on the stock. It does not by itself indicate insider sentiment about the company.