Aubrey Clay Holder - 04 Jan 2025 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Role
EVP, CFO
Signature
/s/ Leslie Wolfgang
Issuer symbol
MAA
Transactions as of
04 Jan 2025
Net transactions value
-$28,738
Form type
4
Filing time
07 Jan 2025, 13:56:59 UTC
Previous filing
05 Apr 2024
Next filing
03 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAA Common Stock Tax liability $18,452 -119 -2.1% $155.06 5,484 04 Jan 2025 Direct F1
transaction MAA Common Stock Award $0 +1,577 +29% $0.000000 7,061 06 Jan 2025 Direct
transaction MAA Common Stock Disposed to Issuer $10,286 -68 -0.96% $151.26 6,993 07 Jan 2025 Direct F2, F3
* 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 made to assist with taxes due on prior incentive plan vestings.
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.
F3 Weighted average price of $151.2588 represents 56 shares sold at $151.2675, 7 shares sold at $151.17 and 5 shares sold at $151.285.