HAVNER RONALD L JR 4
4 · AVALONBAY COMMUNITIES INC · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
AvalonBay (AVB) Director Ronald L. Havner Jr Receives 1,082-Unit Award
What Happened
- Ronald L. Havner Jr., a director of AvalonBay Communities, was granted 1,082 Deferred Stock Units on 2026-05-28. The Form 4 reports an acquisition (transaction code A) at $0.00 per unit (total reported value $0).
- These are deferred stock units (not immediate open-market purchases or sales) awarded as part of the issuer’s 2026 Equity Incentive Plan.
Key Details
- Transaction date: 2026-05-28; Filing date: 2026-06-01 (filing appears timely under Form 4 rules).
- Reported price: $0.00 per unit; reported amount acquired: 1,082 units.
- Shares owned after transaction: Filing notes ownership includes these 1,082 Units, but the total share count after the grant is not specified in the summary provided.
- Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding sale, or exercise/sale reported.
- Footnotes: Units are subject to vesting and will convert into common stock on a one-for-one basis after the reporting person ceases to be a director.
Context
- Deferred Stock Units are a common form of director compensation; they are not immediately tradable shares and typically convert to stock under specified conditions (here, upon leaving the board).
- Such awards are routine compensation and do not by themselves indicate the insider is buying or selling stock in the open market.
Insider Transaction Report
Form 4
HAVNER RONALD L JR
Director
Transactions
- Award
Common Stock, par value $.01 per share
[F1][F2]2026-05-28+1,082→ 20,953.875 total
Footnotes (2)
- [F1]Reflects grant of Deferred Stock Units ("Units") under the issuer's 2026 Equity Incentive Plan, which Units are subject to vesting requirements. The Units will convert into common stock on a one to one basis after the reporting person ceases to be a director of the issuer.
- [F2]The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including Units, which may be subject to vesting requirements.
Signature
By Edward M. Schulman under Power of Attorney dated as of September 16, 2014|2026-06-01