AvalonBay (AVB) EVP Pamela Rogers Sells Shares to Cover Taxes

What Happened Pamela Rogers, Executive Vice President of AvalonBay Communities, had 480 shares of AVB common stock disposed on August 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $185.61 each, for a total of $89,093. This was a company withholding to cover taxes (not an open-market sale).

Key Details

• Transaction date and price: August 1, 2026 — 480 shares at $185.61/share (total ≈ $89,093).
• Transaction type/code: F — withholding of shares to cover tax liability on vested restricted stock.
• Footnotes: F1 notes the withholding was under the Company’s former Second Amended and Restated 2009 Equity Incentive Plan; F2 states the reported post-transaction ownership reflects direct ownership of all shares, including restricted shares.
• Filing timeliness: Form 4 filed August 4, 2026; appears timely (within the standard two business days after the transaction).

Context This was a routine tax-withholding disposition tied to equity vesting, not an indication of a discretionary open-market sale or purchase. Tax withholding reduces the insider’s share count but is common when restricted stock vests and generally does not by itself indicate a change in insider sentiment.