AvalonBay Communities Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: AVB · Form: DEF 14A · Filed: 2024-03-28T00:00:00.000Z
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Executive Compensation, Corporate Governance, AvalonBay Communities
TL;DR
<b>AvalonBay Communities Inc. filed its DEF 14A proxy statement on March 28, 2024, detailing executive compensation and corporate governance for the period ending May 16, 2024.</b>
AI Summary
AVALONBAY COMMUNITIES INC (AVB) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. AvalonBay Communities, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024. The filing covers the period ending May 16, 2024. The company's principal executive offices are located at 4040 Wilson Boulevard, Suite 1000, Arlington, VA 22203. The company was incorporated in Maryland. The filing includes compensation details for executives such as Benjamin W. Schall and Timothy J. Naughton for the fiscal years 2023, 2022, and 2021.
Why It Matters
For investors and stakeholders tracking AVALONBAY COMMUNITIES INC, this filing contains several important signals. This DEF 14A filing is crucial for shareholders as it outlines executive compensation packages, providing transparency into how the company rewards its top management. Shareholders will use this information to make informed voting decisions on executive compensation and other corporate matters at the upcoming annual meeting.
Risk Assessment
Risk Level: medium — AVALONBAY COMMUNITIES INC shows moderate risk based on this filing. The filing is a routine DEF 14A, which is standard for public companies and does not inherently indicate significant positive or negative developments, but it does contain detailed executive compensation information that requires careful review by investors.
Analyst Insight
Review the executive compensation details and any shareholder proposals to inform voting decisions at the upcoming annual meeting.
Executive Compensation
| Name | Title | Total Compensation |
|---|---|---|
| Benjamin W. Schall | Member | |
| Timothy J. Naughton | Member |
Key Numbers
- 2024-03-28 — Filing Date (DEF 14A filing date)
- 2024-05-16 — Period of Report (Conformed period of report)
- 1934 Act — SEC Act (Securities Exchange Act of 1934)
- 001-12672 — SEC File Number (SEC file number for the company)
- 770404318 — IRS Number (Company's IRS number)
- MD — State of Incorporation (State where the company is incorporated)
- 1231 — Fiscal Year End (Company's fiscal year end)
Key Players & Entities
- AVALONBAY COMMUNITIES INC (company) — Filer name
- AVB (company) — Ticker symbol
- DEF 14A (filing) — Filing type
- 2024-03-28 (date) — Filing date
- 2024-05-16 (date) — Period of report
- 4040 WILSON BOULEVARD STE 1000 (address) — Business address
- Benjamin W. Schall (person) — Executive mentioned in compensation table
- Timothy J. Naughton (person) — Executive mentioned in compensation table
FAQ
When did AVALONBAY COMMUNITIES INC file this DEF 14A?
AVALONBAY COMMUNITIES INC filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by AVALONBAY COMMUNITIES INC (AVB).
Where can I read the original DEF 14A filing from AVALONBAY COMMUNITIES INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by AVALONBAY COMMUNITIES INC.
What are the key takeaways from AVALONBAY COMMUNITIES INC's DEF 14A?
AVALONBAY COMMUNITIES INC filed this DEF 14A on March 28, 2024. Key takeaways: AvalonBay Communities, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024.. The filing covers the period ending May 16, 2024.. The company's principal executive offices are located at 4040 Wilson Boulevard, Suite 1000, Arlington, VA 22203..
Is AVALONBAY COMMUNITIES INC a risky investment based on this filing?
Based on this DEF 14A, AVALONBAY COMMUNITIES INC presents a moderate-risk profile. The filing is a routine DEF 14A, which is standard for public companies and does not inherently indicate significant positive or negative developments, but it does contain detailed executive compensation information that requires careful review by investors.
What should investors do after reading AVALONBAY COMMUNITIES INC's DEF 14A?
Review the executive compensation details and any shareholder proposals to inform voting decisions at the upcoming annual meeting. The overall sentiment from this filing is neutral.
Key Dates
- 2024-03-28: Filing Date — Filing of Definitive Proxy Statement (DEF 14A)
From the Filing
0001308179-24-000352.txt : 20240328 0001308179-24-000352.hdr.sgml : 20240328 20240328163256 ACCESSION NUMBER: 0001308179-24-000352 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 108 CONFORMED PERIOD OF REPORT: 20240516 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVALONBAY COMMUNITIES INC CENTRAL INDEX KEY: 0000915912 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770404318 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-12672 FILM NUMBER: 24799653 BUSINESS ADDRESS: STREET 1: 4040 WILSON BOULEVARD STREET 2: STE 1000 CITY: ARLINGTON STATE: VA ZIP: 22203 BUSINESS PHONE: 7033296300 MAIL ADDRESS: STREET 1: 4040 WILSON BOULEVARD STREET 2: STE 1000 CITY: ARLINGTON STATE: VA ZIP: 22203 FORMER COMPANY: FORMER CONFORMED NAME: AVALON BAY COMMUNITIES INC DATE OF NAME CHANGE: 19980618 FORMER COMPANY: FORMER CONFORMED NAME: BAY APARTMENT COMMUNITIES INC DATE OF NAME CHANGE: 19931208 DEF 14A 1 lavb2024_def14a.htm AVALONBAY COMMUNITIES INC - DEF 14A AvalonBay Communities, Inc. - DEFA 14A false 0000915912 DEF 14A 0000915912 2023-01-01 2023-12-31 0000915912 2023-12-29 0000915912 2022-12-30 0000915912 2021-12-31 0000915912 2020-12-31 0000915912 2019-12-31 0000915912 avb:BenjaminWSchallMember 2023-01-01 2023-12-31 0000915912 avb:BenjaminWSchallMember 2022-01-01 2022-12-31 0000915912 avb:TimothyJNaughtonMember 2022-01-01 2022-12-31 0000915912 2022-01-01 2022-12-31 0000915912 avb:TimothyJNaughtonMember 2021-01-01 2021-12-31 0000915912 2021-01-01 2021-12-31 0000915912 avb:TimothyJNaughtonMember 2020-01-01 2020-12-31 0000915912 2020-01-01 2020-12-31 0000915912 ecd:PeoMember avb:SubtractSummaryCompensationTableValueofEquityAwardsGrantedintheApplicableFiscalYearGrantDateFairValueMember avb:BenjaminWSchallMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:ForAwardsSubtractedinColumnBAddtheFairValueofSuchAwardsonDecember31oftheApplicableYearMember avb:BenjaminWSchallMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:ForAwardsOutstandingUnvestedasofDecember31oftheApplicableYearAddtheChangeinFairValueBetweenDecember31ofthePriorFiscalYearandDecember31oftheApplicableFiscalYearMember avb:BenjaminWSchallMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:ForAwardsthatVestedDuringtheApplicableYearAddtheChangeinFairValueBetweenDecember31ofthePriorFiscalYearandtheVestingDateMember avb:BenjaminWSchallMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:AddDividendsPaidonUnvestedRestrictedStockDuringtheApplicableFiscalYearMember avb:BenjaminWSchallMember 2023-01-01 2023-12-31 0000915912 avb:TimothyJNaughtonMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:SubtractSummaryCompensationTableValueofEquityAwardsGrantedintheApplicableFiscalYearGrantDateFairValueMember avb:TimothyJNaughtonMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:ForAwardsSubtractedinColumnBAddtheFairValueofSuchAwardsonDecember31oftheApplicableYearMember avb:TimothyJNaughtonMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:ForAwardsOutstandingUnvestedasofDecember31oftheApplicableYearAddtheChangeinFairValueBetweenDecember31ofthePriorFiscalYearandDecember31oftheApplicableFiscalYearMember avb:TimothyJNaughtonMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:ForAwardsthatVestedDuringtheApplicableYearAddtheChangeinFairValueBetweenDecember31ofthePriorFiscalYearandtheVestingDateMember avb:TimothyJNaughtonMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:AddDividendsPaidonUnvestedRestrictedStockDuringtheApplicableFiscalYearMember avb:TimothyJNaughtonMember 2023-01-01 2023-12-31 0000915912 ecd:PeoMember avb:SubtractSummaryCompensationTableValueofEquityAwardsGrantedintheApplicableFiscalYearGrantDateFairValueMember avb:BenjaminWSchallMember 2022-01-01 2022-12-31 0000915912 ecd:PeoMember avb:ForAwardsSubtractedinColumnBAdd