Willson Sean Thomas 4

What Happened
Sean Thomas Willson, Senior Vice President of AvalonBay Communities (AVB), had 249 shares of company stock withheld to satisfy tax withholding obligations related to the vesting of equity awards. The shares were valued at $177.23 each, for a total value of approximately $44,130. This was a share-withholding to cover taxes (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-01
• Price per share: $177.23; Shares withheld/disposed: 249; Total value: ~$44,130
• Footnote: Withholding was done by the company to cover tax obligations on vesting of restricted stock and performance share unit awards (per the company’s equity plan).
• Shares owned after transaction: Filing states the total reflects direct ownership including restricted shares; exact post-transaction total not listed in this extract.
• Filing timeliness: Reported on 2026-03-03 (timely filing).

Context
Tax-withholding dispositions like this are routine when restricted stock or PSU awards vest; they represent shares surrendered to pay tax obligations rather than a discretionary sale of shares on the market. Such transactions are administrative and do not necessarily indicate the insider’s view of the company’s prospects.