Robert J. DelPriore - 04 Jan 2025 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Signature
/s/ Leslie Wolfgang
Issuer symbol
MAA
Transactions as of
04 Jan 2025
Net transactions value
-$287,744
Form type
4
Filing time
07 Jan 2025, 13:37:17 UTC
Previous filing
05 Apr 2024
Next filing
11 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAA Common Stock Tax liability $79,856 -515 -0.95% $155.06 53,454 04 Jan 2025 Direct F1
transaction MAA Common Stock Award $0 +2,205 +4.1% $0.000000 55,659 06 Jan 2025 Direct
transaction MAA Common Stock Disposed to Issuer $207,888 -1,385 -2.5% $150.10 54,274 07 Jan 2025 Direct F2
holding MAA Common Stock 0 04 Jan 2025 By 401-K
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.
F2 Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock plan.