---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-150559"
form_type: "8-K"
ticker: "AVB"
cik: "0000915912"
company_name: "AVALONBAY COMMUNITIES INC"
filed_at: "2021-12-16T23:59:59+00:00"
generated_at: "2026-06-28T00:44:47.879121+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# EVP William M. McLaughlin to retire Jan 1, 2022; enters consulting agreement through Mar 2023

## Summary
- Retirement effective January 1, 2022; consulting services through March 31, 2023 at $5,000/month.
- 2021 annual bonus (cash and stock) paid by March 15, 2022; 2019-2021 performance units convert to fully vested shares.
- Unvested restricted stock continues to vest; pro-rata vesting of 2021-2023 performance award at end of consulting term.
- Company pays COBRA premiums through July 31, 2022; standard release and non-compete/non-solicit terms apply.

## SEC filing metadata
- accession: 0001104659-21-150559
- form_type: 8-K
- ticker: AVB
- cik: 0000915912
- company_name: AVALONBAY COMMUNITIES INC
- filed_at: 2021-12-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915912/000110465921150559/0001104659-21-150559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915912/000110465921150559/tm2135400d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-150559
- JSON: https://secwatch.observer/filing/0001104659-21-150559.json
- Plain text: https://secwatch.observer/filing/0001104659-21-150559.txt

## Key facts
- Executive change
  William M. McLaughlin departed as Executive Vice President – Development & Construction at AVALONBAY COMMUNITIES INC.
  - Action: retire
  - Role: Executive Vice President – Development & Construction
  source text: Mr. McLaughlin executed a Retirement Agreement on December 16, 2021 (the “Retirement Agreement”), and, as previously announced, will retire from the Company on January 1, 2022 (the “Retirement Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/915912/000110465921150559/0001104659-21-150559-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.