---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-027241"
form_type: "8-K"
ticker: null
cik: "0001581776"
company_name: "Mid-America Apartments, L.P."
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T06:59:40.671828+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MAA settles pricing-software antitrust class action for $53M; reserves $62.5M loss

## Summary
- Settlement payment of $53M in two $26.5M installments; first due after March 2, 2026.
- Loss contingency reserve increased to $62.5M in FY2025 financials, covering legal fees and litigation.
- Company admits no fault; settlement subject to preliminary and final court approval.
- No impact on 2025 Core FFO or FAD; no change expected to dividend policy or capital allocation.
- Company cites reduced legal uncertainty and avoidance of protracted litigation costs.

## SEC filing metadata
- accession: 0001193125-26-027241
- form_type: 8-K
- cik: 0001581776
- company_name: Mid-America Apartments, L.P.
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581776/000119312526027241/0001193125-26-027241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912595/000119312526027241/maa-20260126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-027241
- JSON: https://secwatch.observer/filing/0001193125-26-027241.json
- Plain text: https://secwatch.observer/filing/0001193125-26-027241.txt

## Key facts
- Material Agreements
  Mid-America Apartments, L.P. entered into Settlement Agreement with the named plaintiffs in the Class Action Litigation (together, the "Plaintiffs") valued at $53 million (effective 2026-01-26).
  - Action: entry
  - Agreement: settlement
  - Counterparty: the named plaintiffs in the Class Action Litigation (together, the "Plaintiffs")
  - Value: $53 million
  - Effective: 2026-01-26
  source text: On January 26, 2026, the Company entered into a settlement agreement (the “Settlement Agreement”) with the named plaintiffs in the Class Action Litigation (together, the “Plaintiffs”), individually and on behalf of the class members.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1581776/000119312526027241/0001193125-26-027241-index.htm

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