AVALONBAY COMMUNITIES INC — Director's Dealing 2025

Mar 1, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2025-02-26

Reporting Person: Willson Sean Thomas (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-26	Common Stock, par value $.01 per share	A	285	—	Acquired	3678.3676	Direct
2025-02-26	Common Stock, par value $.01 per share	A	302	—	Acquired	3980.3676	Direct

Footnotes

F1: Reflects grant of shares of restricted stock under the Company's Second Amended and Restated 2009 Equity Incentive Plan, which shares are subject to vesting requirements.

F2: The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted
shares.

F3: Reflects shares earned in connection with previously awarded performance share units issued under the Company's Second Amended and Restated 2009 Equity Incentive Plan.