secwatch / observer

AVALONBAY COMMUNITIES INC — fact timeline

Source-grounded facts extracted from AVALONBAY COMMUNITIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AVB AVALONBAY COMMUNITIES INC JSON
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Ratification of the selection of Ernst & Young LLP as the Company's independent auditors for the fiscal year ending December 31, 2026 at the 2026-05-20 meeting.

“Stockholders ratified the selection of Ernst & Young LLP as the Company's independent auditors for fiscal year 2026. 123,705,217 votes were cast in favor of ratifying the selection of Ernst & Young LLP, 6,650,693 votes were cast against, and there were 12,455 abstentions.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Approval of the 2026 Equity Incentive Plan at the 2026-05-20 meeting.

“Stockholders approved the 2026 Plan, as presented in the Company's proxy statement. 120,822,121 votes were cast in favor of approval of the 2026 Plan, 4,185,496 votes were cast against, and there were 560,213 abstentions.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Adoption of a resolution to approve, on a non-binding, advisory basis, the compensation of certain executive officers of the Company at the 2026-05-20 meeting.

“Stockholders approved the compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K. 119,464,870 votes were cast in favor of approval of such compensation, 5,518,957 votes were cast against, and there were 584,003 abstentions.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Election of 12 directors to serve until the 2027 Annual Meeting of Stockholders and until their successors are elected and qualified at the 2026-05-20 meeting.

“Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Material Agreements

AVALONBAY COMMUNITIES INC entered into Agreement and Plan of Merger with Equity Residential, ERP Operating Limited Partnership, Canopy Merger Sub LLC (effective 2026-05-20).

“On May 20, 2026, AvalonBay Communities, Inc., a Maryland corporation (“AvalonBay”), Equity Residential, a Maryland real estate investment trust (“Equity Residential”), ERP Operating Limited Partnership, an Illinois limited partnership (the “ERP Operating Partnership”), and Canopy Merger Sub LLC, a Maryland limited liability company and a direct wholly owned subsidiary of Equity Residential (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).”
Earnings Releases

AVALONBAY COMMUNITIES INC reported the three months ended March 31, 2026 results: EPS $ 2.33. Guidance reaffirmed.

“AVALONBAY COMMUNITIES, INC. PROVIDES Q1 2026 RESULTS, Q2 2026 GUIDANCE, REAFFIRMS FULL YEAR CORE FFO AND FFO OUTLOOK, UPDATES EPS OUTLOOK”
Debt Financings

AVALONBAY COMMUNITIES INC amended debt of $500.0 million to $1.0 billion.

“On April 3, 2025, the Company increased the amount of short-term, unsecured commercial paper notes that it may issue under its commercial paper program (the “Commercial Paper Program”) from $500.0 million to $1.0 billion.”
Debt Financings

AVALONBAY COMMUNITIES INC incurred term loan of $450,000,000 with Truist Bank, as administrative agent at SOFR plus 0.70% to SOFR plus 1.60% maturing April 3, 2029.

“In addition, on April 3, 2025, the Company entered into a $450,000,000 Term Loan Agreement (the “Term Loan Credit Facility”) with Truist Bank, as administrative agent and a bank, TD Bank, N.A., as a bank and a syndication agent, Mizuho Bank, Ltd., as a bank and a syndication agent, Truist Securities, Inc., TD Bank, N.A., and Mizuho Bank, Ltd., as joint bookrunners and joint lead arrangers, and the other bank parties signatory thereto.”
Debt Financings

AVALONBAY COMMUNITIES INC incurred revolving credit of $2,500,000,000 with Bank of America, N.A., as administrative agent at SOFR plus 0.65% to SOFR plus 1.40% maturing April 3, 2030.

“On April 3, 2025, AvalonBay Communities, Inc. (the “Company”) entered into a $2,500,000,000 Seventh Amended and Restated Revolving Loan Agreement (the “Revolving Credit Facility”) with Bank of America, N.A., as administrative agent, an issuing bank and a bank, JPMorgan Chase Bank, N.A., as an issuing bank, a bank and a syndication agent, Wells Fargo Bank, N.A., as an issuing bank, a bank and a syndication agent, the co-documentation agents named therein, JPMorgan Chase Bank, N.A., BofA Securities, Inc., and Wells Fargo Securities, LLC, as joint bookrunners and joint lead arrangers, and the other bank parties signatory thereto.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Ratify the appointment of Ernst & Young LLP as independent auditors at the 2024-05-16 meeting.

“Stockholders ratified the selection of Ernst & Young LLP as the Company’s independent auditors for fiscal year 2024. 124,472,277 votes were cast in favor of ratifying the selection of Ernst & Young LLP, 6,721,929 votes were cast against, and there were 94,212 abstentions.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Non-binding advisory vote upon the compensation of executive officers at the 2024-05-16 meeting.

“Stockholders approved the compensation paid to the Company’s named executive officers as disclosed pursuant to Item 402 of Regulation S-K. 120,668,161 votes were cast in favor of approval of such compensation, 5,640,027 votes were cast against, and there were 664,601 abstentions.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Election of eleven directors at the 2024-05-16 meeting.

“Each of the Company’s nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Earnings Releases

AVALONBAY COMMUNITIES INC reported first quarter 2024 results: EPS EPS $ 1.22.

“On April 25, 2024 , AvalonBay Communities, Inc. issued a press release announcing its first quarter 2024 operating results.”

W. Edward Walter departed as Director at AVALONBAY COMMUNITIES INC.

“On February 12, 2024, W. Edward Walter informed the Company of his decision to retire from the Board of Directors (the “Board”) at the time of the Company’s 2024 Annual Meeting of Stockholders.”
Earnings Releases

AVALONBAY COMMUNITIES INC reported the three months and year ended December 31, 2023 results: EPS $ 1.70 (Q4 2023).

“AvalonBay Communities, Inc. issued a press release announcing its fourth quarter 2023 operating results.”

Sean T. Willson was appointed as Principal Accounting Officer at AVALONBAY COMMUNITIES INC.

“Sean T. Willson, currently Senior Vice President – Corporate Controller, will serve as the Company’s designated PAO upon Ms. Shea’s retirement.”

Keri A. Shea departed as Senior Vice President – Finance and Treasurer at AVALONBAY COMMUNITIES INC.

“Keri A. Shea, Senior Vice President – Finance and Treasurer of AvalonBay Communities, Inc. (the “Company”), who is designated as the Company’s principal accounting officer (“PAO”), informed the Company that she will be retiring from the Company effective January 1, 2025.”
Governance Changes

AVALONBAY COMMUNITIES INC: Amended and restated bylaws to update stockholder nomination and proposal requirements, including universal proxy rules, and make technical updates (effective 2023-10-30).

“Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On October 30, 2023, the Board of Directors of AvalonBay Communities, Inc. (the “Company”) amended and restated the Company’s Amended and Restated Bylaws (as so amended and restated, the “Bylaws”), effective immediately, to, among other changes: · update the requirements for stockholder nominations of directors and proposals of business for consideration at meetings of stockholders, including with respect to Rule 14a-19 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to the universal proxy rules; · add a requirement that any stockholder submitting a director nomination notice make a representation as to whether such stockholder intends to comply with Rule 14a-19 under the Exchange Act , and a requirement that a stockholder submitting such a director nomination notice deliver reasonable evidence that it has complied with the requirements of Rule 14a-19 of”
Earnings Releases

AVALONBAY COMMUNITIES INC reported six months ended June 30, 2023 results: EPS $3.65.

“YTD 2023 YTD 2022 % Change EPS $ 3.65 $ 2.86 27.6 %”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Ratification of Ernst & Young LLP as independent auditors for fiscal year 2023 at the 2023-05-24 meeting.

“Stockholders ratified the selection of Ernst & Young LLP as the Company’s independent auditors for fiscal year 2023.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-24 meeting.

“Stockholders cast a non-binding, advisory vote recommending an annual (i.e., every one year) advisory vote on the compensation paid to the Company’s named executive officers.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Advisory vote on compensation of executive officers at the 2023-05-24 meeting.

“Stockholders approved the compensation paid to the Company’s named executive officers as disclosed pursuant to Item 402 of Regulation S-K.”
Shareholder Votes

AVALONBAY COMMUNITIES INC shareholders approved Election of twelve directors to serve until the 2024 Annual Meeting of Stockholders at the 2023-05-24 meeting.

“Each of the Company’s nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Earnings Releases

AVALONBAY COMMUNITIES INC reported first quarter 2023 results: EPS $ 1.05.

“On April 26, 2023 , AvalonBay Communities, Inc. issued a press release announcing its first quarter 2023 operating results.”
Earnings Releases

AVALONBAY COMMUNITIES INC reported the years ended December 31, 2022 and 2021 results: EPS $ 8.12.

“EPS, FFO per share and Core FFO per share for the years ended December 31, 2022 and 2021 are detailed below.”
Earnings Releases

AVALONBAY COMMUNITIES INC reported fourth quarter 2022 results: EPS $ 1.72.

“On February 8, 2023, AvalonBay Communities, Inc. issued a press release announcing its fourth quarter 2022 operating results.”
Governance Changes

AVALONBAY COMMUNITIES INC: Amended bylaws to clarify that the Chairman of the Board may be an officer or a non-officer of the Company (effective 2022-11-10).

“On November 10, 2022, the Board voted to amend the Company’s Bylaws, as amended, to more clearly contemplate that a Chairman of the Board may be an officer or a non-officer of the Company.”
Earnings Releases

AVALONBAY COMMUNITIES INC reported the three months ended September 30, 2022 results: net income $494,747,000, EPS $3.53.

“AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2022 was $494,747,000. This resulted in an increase in Earnings per Share – diluted (“EPS”) for the three months ended September 30, 2022 of 530.4% to $3.53 from $0.56 for the prior year period”

Alan B. Buckelew departed as Director at AVALONBAY COMMUNITIES INC.

“Alan B. Buckelew, who has served as a Board member since 2011, will be retiring from the Board at the time of the Company’s 2023 Annual Meeting of Stockholders.”

Charles E. Mueller, Jr. was appointed as Director at AVALONBAY COMMUNITIES INC.

“On October 17, 2022, the Board of Directors (the “Board”) of AvalonBay Communities, Inc. (the “Company”) voted to appoint Charles (“Chaz”) E. Mueller, Jr. to the Board, effective November 1, 2022.”

William M. McLaughlin departed as Executive Vice President – Development & Construction at AVALONBAY COMMUNITIES INC.

“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”).”

Timothy J. Naughton was appointed as Executive Chairman at AVALONBAY COMMUNITIES INC.

“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.”

Benjamin W. Schall was appointed as Chief Executive Officer at AVALONBAY COMMUNITIES INC.

“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”

William M. McLaughlin retired as Executive Vice President – Development & Construction at AVALONBAY COMMUNITIES INC.

“On July 26, 2021, William M. McLaughlin informed the Company of his intent to retire from his position as Executive Vice President – Development & Construction on or about January 1, 2022”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.