O'Shea Kevin P. 4/A

What Happened

• Kevin P. O'Shea, Chief Financial Officer of AvalonBay Communities, had 6,663 shares withheld by the company on March 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock/performance share units. The withholding was reported as a disposition at $177.23 per share, representing $1,180,883 in value. This was a tax-related share-withholding (routine disposition), not an open-market sale intended as a cash-out trade.

Key Details

• Transaction date: 2026-03-01
• Transaction type/code: F — Payment of exercise price or tax liability (share withholding)
• Shares withheld/disposed: 6,663
• Price per share: $177.23
• Reported value: $1,180,883
• Filing: Amended Form 4 filed 2026-06-22; amendment corrects the number of shares withheld (see footnote F1)
• Shares owned after transaction: the amended filing does not list a specific total in the provided summary; footnote F2 says the reported post-transaction ownership reflects direct ownership including restricted shares
• Note: This is an amended filing correcting withholding details; not presented as a buying or selling decision by the insider

Context

• Share withholding to cover taxes on vested awards is a common, routine corporate action and is reported as a disposition on Form 4. It does not necessarily indicate the insider's view on the company's stock—unlike an open-market purchase, it shouldn’t be read as a bullish signal.