Officer/Director Transaction - AVALONBAY COMMUNITIES INC
Terry S. Brown, a director at AVALONBAY COMMUNITIES INC, reported a disposition of 20,855.9231 shares of common stock on August 17, 2026. This transaction was part of a merger of equals between AVALONBAY COMMUNITIES INC and Equity Residential, where AVALONBAY COMMUNITIES INC merged with and into Canopy Merger Sub LLC, a subsidiary of Equity Residential. Following the merger, Equity Residential changed its name to Vivmark Residential. In connection with the merger, deferred stock units held by Mr. Brown were converted into the right to receive 2.793 common shares of beneficial interest in Equity Residential per unit. The filing indicates that this disposition resulted in 0 shares owned post-transaction. The closing price of AVALONBAY COMMUNITIES INC common stock was $184.06 per share and Equity Residential common shares were $65.97 per share on August 14, 2026.