---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-044739"
form_type: "8-K"
ticker: "AVB"
cik: "0000915912"
company_name: "AVALONBAY COMMUNITIES INC"
filed_at: "2022-04-11T23:59:59+00:00"
generated_at: "2026-06-26T08:23:50.548945+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AvalonBay launches 2M share forward sale at $247.30 for land and development funding

## Summary
- 2,000,000 shares of common stock sold via forward sellers; initial forward price $247.30 per share.
- Proceeds expected upon physical settlement by Dec 31, 2023; no immediate cash to Company.
- Net proceeds to fund land acquisitions, development, redevelopment, acquisitions, and general corporate purposes.
- Offering closed on April 11, 2022; managed by Morgan Stanley and J.P. Morgan.

## SEC filing metadata
- accession: 0001104659-22-044739
- form_type: 8-K
- ticker: AVB
- cik: 0000915912
- company_name: AVALONBAY COMMUNITIES INC
- filed_at: 2022-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915912/000110465922044739/0001104659-22-044739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915912/000110465922044739/tm2212386d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-044739
- JSON: https://secwatch.observer/filing/0001104659-22-044739.json
- Plain text: https://secwatch.observer/filing/0001104659-22-044739.txt

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