Walsh Alaine Susan 4

What Happened Alaine Susan Walsh, Executive Vice President of AvalonBay Communities (AVB), was granted a total of 1,830 shares on February 26, 2026: 929 shares of restricted stock and 901 shares issued for earned performance share units. Both transactions are reported as awards (code A) at an acquisition price of $0.00 (i.e., issued as compensation rather than purchased). The filing records the awards but does not state a cash value in the Form 4.

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (filed within the standard two-business-day reporting window).
• Reported amounts: 929 shares granted as restricted stock (F1); 901 shares issued related to previously awarded performance share units (F3); total 1,830 shares.
• Price: $0.00 per share (award/grant).
• Shares owned after transaction: the filing notes post-transaction holdings reflect direct ownership including restricted shares (F2); the exact total holding amount was not provided in the summary you supplied.
• Footnotes: F1 = restricted stock subject to vesting; F3 = shares earned from prior performance share units; F2 = post-transaction ownership reflects direct ownership of all shares.
• No indication of a 10b5-1 plan, cashless exercise, sale, or gift in this report.

Context These awards are compensation-related (restricted stock and performance-based shares) and are typically subject to vesting or performance conditions, so they are routine forms of executive pay rather than open-market purchases or sales. Such grants increase the insider’s direct holdings over time but do not, by themselves, indicate a buy/sell signal.