SCHULMAN EDWARD M 4
4 · AVALONBAY COMMUNITIES INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
AvalonBay (AVB) EVP Edward Schulman Receives Restricted Stock Award
What Happened Edward M. Schulman, Executive Vice President & General Counsel of AvalonBay Communities (AVB), was granted two awards on February 26, 2026: 3,325 restricted shares and 5,666 restricted shares, both reported at an acquisition price of $0.00 — a total of 8,991 shares. These were awards/grants (not open‑market purchases or sales) and therefore represent compensation rather than a cash transaction.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filing appears timely).
- Awards: 3,325 shares @ $0.00 and 5,666 shares @ $0.00 — total 8,991 shares granted.
- Shares owned after transaction: filing states ownership reflects direct ownership of all common shares, including restricted shares (total outstanding owned not specified in the report).
- Footnotes:
- F1: Grants are restricted stock under the company’s 2009 Equity Incentive Plan and are subject to vesting.
- F3: One award reflects shares earned in connection with previously awarded performance share units.
- F2: Ownership figure reported includes restricted shares.
- Transaction code: A (award/grant). Not a sale or purchase, no cash exchanged.
Context Restricted stock grants and performance-unit conversions are routine forms of executive compensation intended to align management with shareholder interests; they do not necessarily signal an immediate bullish or bearish view by the insider. Because the shares are subject to vesting, Schulman does not have unrestricted, immediately sellable ownership of all awarded shares upon grant.
Insider Transaction Report
- Award
Common Stock, par value $.01 per share
[F1][F2]2026-02-26+3,325→ 21,034.61 total - Award
Common Stock, par value $.01 per share
[F3][F2]2026-02-26+5,666→ 26,700.61 total
Footnotes (3)
- [F1]Reflects grant of shares of restricted stock under the Company's Second Amended and Restated 2009 Equity Incentive Plan, which shares are subject to vesting requirements.
- [F2]The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
- [F3]Reflects shares earned in connection with previously awarded performance share units issued under the Company's Second Amended and Restated 2009 Equity Incentive Plan.