MAA Director Acquires Phantom Stock Grant
MID AMERICA APARTMENT COMMUNITIES INC.
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Filing Summary
MAA | Director Acquisition • Insider: Case John (Director) • Type: Grant/Award (Phantom Stock) • Shares: 54 @ $119.15 ($6,434.10) • Post-Holding: 5,895.30 phantom shares • Date: 2026-09-22
Comprehensive Analysis
Mid-America Apartment Communities Inc. (MAA) Form 4 Summary
Insider: John Case
Role: Director
Filing Date: September 23, 2026
Transaction Date: September 22, 2026
Key Details
- Security: Phantom Stock (Derivative)
- Transaction Code: A (Award/Grant)
- Shares Acquired: 54 shares at $119.15 per share ($6,434.10 total value)
- Post-Transaction Holdings: 5,895.299 phantom shares, alongside 200 directly owned common shares.
- Footnote Terms: Each share of phantom stock represents the economic equivalent of one share of common stock. Payout occurs in two equal annual installments following the calendar year in which director service ends, payable in cash or common stock.
Significance
This is a routine director compensation/equity award of low trading significance, representing ordinary board compensation rather than discretionary open-market buying or selling.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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