---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-098171"
form_type: "8-K"
ticker: "AVB"
cik: "0000915912"
company_name: "AVALONBAY COMMUNITIES INC"
filed_at: "2024-09-09T23:59:59+00:00"
generated_at: "2026-05-31T05:59:51.691168+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AvalonBay Communities enters forward sale for 3.68M shares at $219.73 each

## Summary
- Agreement with Goldman Sachs, BofA, Deutsche Bank, Morgan Stanley to sell 3.2M shares; option for 480K shares exercised in full.
- Initial forward price $219.73/share; physical settlement expected by Dec 31, 2025.
- No immediate proceeds; net proceeds from settlement to fund land acquisitions, development, redevelopment, acquisitions, structured investments, and working capital.
- Offering closed on Sept 9, 2024 under effective shelf registration statement.

## SEC filing metadata
- accession: 0001104659-24-098171
- form_type: 8-K
- ticker: AVB
- cik: 0000915912
- company_name: AVALONBAY COMMUNITIES INC
- filed_at: 2024-09-09T23:59:59+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/915912/000110465924098171/0001104659-24-098171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915912/000110465924098171/tm2423578d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-098171
- JSON: https://secwatch.observer/filing/0001104659-24-098171.json
- Plain text: https://secwatch.observer/filing/0001104659-24-098171.txt

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