Schall Benjamin 4/A

What Happened

• Benjamin Schall, CEO & President and a Director of AvalonBay Communities (AVB), had 18,215 shares of common stock withheld by the company on March 1, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock/performance share units. The withholding was reported as a disposition (code F) at $177.23 per share, totaling roughly $3.23 million. This is an amended Form 4 to correct the number of shares withheld.

Key Details

• Transaction date: 2026-03-01; Price: $177.23 per share; Shares withheld/disposed: 18,215; Value: ~$3,228,244.
• Transaction type: F (shares withheld by the company to cover tax withholding on vesting awards), not an open-market sale.
• Filing: Amended Form 4 filed 2026-06-22 to correct the original filing's share-withheld amount (per footnote F1).
• Shares owned after transaction: Not specified in the excerpt provided; footnote F2 notes post-transaction holdings reported include direct ownership of all common shares, including restricted shares.

Context

• Withholding shares to cover tax on vesting awards is a routine administrative transaction and does not indicate an intentional market sale by the insider. The amendment corrects the number of shares withheld; the original filing was amended rather than indicating a new trading decision.