{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-142497","form_type":"8-K","ticker":"AVB","cik":"0000915912","company_name":"AVALONBAY COMMUNITIES INC","filed_at":"2021-11-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.227133+00:00","generated_at":"2026-06-28T06:22:27.602018+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Benjamin W. Schall appointed AvalonBay CEO effective Jan 3, 2022; Naughton becomes Executive Chairman","bullets":["Schall, currently President, adds CEO role; Naughton retires as CEO but stays as Executive Chairman half-time.","Naughton's 2022 compensation: $800K base salary, $1.2M target cash bonus, $3.0M performance award (2022-2024).","Succession follows plan disclosed in December 2020 8-K; no surprise change.","Naughton will assist with strategic initiatives, tech opportunities, and expansion market business development."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-142497","json":"https://secwatch.observer/filing/0001104659-21-142497.json","markdown":"https://secwatch.observer/filing/0001104659-21-142497.md","text":"https://secwatch.observer/filing/0001104659-21-142497.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/915912/000110465921142497/0001104659-21-142497-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/915912/000110465921142497/tm2133217d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T06:22:27.602018+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"23fba3c2b1","claim":"Timothy J. Naughton was appointed as Executive Chairman at AVALONBAY COMMUNITIES INC.","evidence_excerpt":"Also effective January 3, 2022, Timothy J. Naughton, the Company’s current Chairman of the Board and Chief Executive Officer, will retire as the Company’s Chief Executive Officer and assume the role of Executive Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/915912/000110465921142497/0001104659-21-142497-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"75efe3b389","claim":"Benjamin W. Schall was appointed as Chief Executive Officer at AVALONBAY COMMUNITIES INC.","evidence_excerpt":"had appointed Benjamin W. Schall, the Company’s current President and a director, to the additional role of Chief Executive Officer effective January 3, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/915912/000110465921142497/0001104659-21-142497-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}