Willson Sean Thomas 4

What Happened

• Sean Thomas Willson, Senior Vice President of AvalonBay Communities, was granted/awarded two stock transactions on February 26, 2026: 559 shares (grant of restricted stock) and 404 shares (shares earned from prior performance share units). Both transactions are reported as awards (code A) with a reported acquisition price of $0.00.

Key Details

• Transaction date: 2026-02-26; Filing date (Form 4): 2026-03-02 (timely filing within required reporting window).
• Price: $0.00 per share (standard for compensation awards); total cash value not reported.
• Shares owned after transaction: the filing notes direct ownership includes restricted shares, but a total share count after the transactions is not provided in the excerpt.
• Footnotes:
  • F1: 559 shares = restricted stock granted under the company’s equity plan and subject to vesting.
  • F3: 404 shares = shares earned in connection with previously awarded performance share units.
  • F2: Ownership totals reflect direct ownership including restricted shares.
• Transaction code: A (award/grant). No sale or market purchase occurred.

Context

• These are compensation awards (restricted stock and performance-based shares), not open-market purchases or sales. Such grants are common executive compensation and reflect pay/vesting/ performance outcomes rather than an immediate trading decision. Restricted shares are typically subject to vesting and transfer restrictions; earned performance shares reflect prior performance criteria being met.