Thomas Pamela Rogers 4

What Happened

• Pamela Rogers Thomas, Executive Vice President of AvalonBay Communities (AVB), was granted a total of 9,090 shares on Feb 26, 2026 (3,876 restricted shares and 5,214 shares earned from prior performance share units). The reported acquisition price is $0.00 per share (awards/compensation), so no cash was paid.

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed within the SEC’s reporting window).
• Share counts and prices: 3,876 shares @ $0.00 (restricted stock grant) and 5,214 shares @ $0.00 (performance-based shares); total = 9,090 shares; reported value $0 (compensation awards).
• Shares owned after transaction: the filing notes direct ownership of all common shares including these restricted shares (footnote F2). The exact post-transaction total was not provided in the summary here.
• Footnotes:
  • F1: The 3,876 shares reflect a restricted stock grant under the company’s equity plan and are subject to vesting.
  • F3: The 5,214 shares were earned in connection with previously awarded performance share units.
• Transaction code: A = Award/Grant.

Context

• These transactions are compensation awards (not open-market purchases or sales). Restricted shares vest over time and performance-based shares reflect achievement of prior goals; they do not by themselves signal a buy/sell decision by the insider.
• No options were exercised and no shares were sold in this filing.