Apartment Investment (AIV) EVP Jennifer Johnson Receives 74,910-Share Award

What Happened
Jennifer Johnson, EVP, Chief Accounting Officer and General Counsel of Apartment Investment & Management Co. (AIV), was credited with two awards on 2026-09-29 converting to a total of 74,910 restricted shares (35,192 + 39,718). These were awards/conversions (code A) and the filing lists no per-share price or aggregate dollar value (N/A).

Key Details

• Transaction date: 2026-09-29 (reported on Form 4 filed 2026-09-30).
• Transactions: two award conversions — 35,192 shares (F1) and 39,718 shares (F2); total = 74,910 shares.
• Price / value: N/A in the filing (these are non-cash award conversions).
• Shares owned after transaction: not specified in this filing.
• Footnotes:
  • F1: Conversion of a 2024 performance-based award into time-based restricted stock after a Change in Control due to asset sales under the stockholder-approved Plan of Sale and Liquidation; deemed earned at target.
  • F2: Same treatment for a 2025 performance-based award.
• Timeliness: Filing appears timely (transaction 2026-09-29; Form 4 filed 2026-09-30).

Context
These entries are award conversions (not open-market purchases or sales). The awards were converted and deemed earned because of a Change in Control tied to the company’s Plan of Sale and Liquidation; such conversions reflect contractual payout terms rather than a personal buy/sell decision, and therefore should be viewed differently than voluntary purchases or sales.