AVALONBAY COMMUNITIES INC — Director's Dealing 2024

May 28, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2024-05-23

Reporting Person: NAUGHTON TIMOTHY J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-23	Common Stock, par value $.01 per share	A	980	—	Acquired	113658.8778	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01 per share	31531	Indirect
Common Stock, par value $.01 per share	14024	Indirect

Footnotes

F1: Reflects grant of Deferred Stock Units ("Units") under the issuer's Second Amended and Restated 2009 Equity Incentive Plan, which Units are subject to vesting requirements. The Units will convert into common stock on a one to one basis after the reporting person ceases to be a director of the issuer.

F2: The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares and deferred stock units, some of which may be subject to vesting requirements.

F3: No transaction is reported. The amount of securities owned indirectly following the reported transaction is included for informational purposes only.

F4: No transaction is reported. Reflects indirect beneficial ownership by spouse through Family Trust and the reporting person disclaims any beneficial ownership in these shares.