THOMAS H. LOWDER - 19 Mar 2024 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Role: Director
Signature: /s/ Kellye Clouse
Issuer symbol: MAA
Transactions as of: 19 Mar 2024
Net transactions value: +$24,124
Form type: 4
Filing time: 20 Mar 2024, 16:42:02 UTC
Previous filing: 13 Dec 2023
Next filing: 22 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MAA	Common Stock						11,688	19 Mar 2024	Direct
holding	MAA	Common Stock						25,791	19 Mar 2024	IRA
holding	MAA	Common Stock						357	19 Mar 2024	By THL Investments, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MAA	Phantom Stock	Award	$24,124	+185	+3%	$130.40	6,372	19 Mar 2024	Common Stock	185		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.