Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person. | Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person. | Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.
Post-Transaction Holdings
GRAF ALAN B JR
Security
Shares
Change
Common Stock
14.96K
+1.40K (10.33%)
Phantom Stock
38.33K
-
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-19
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: MID AMERICA APARTMENT COMMUNITIES INC. (MAA)
CIK: 0000912595
--- Reporting Owner ---
Name: GRAF ALAN B JR
CIK: 0001040055
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-05-19 | Code: A (Grant or award)
Shares: +1,401 | Price: $0.00
Shares Owned After: 14,961 | Ownership: D (Direct)
--- Holdings ---
[Holding #1]
Security: Phantom Stock
Ownership: D (Direct)
Footnotes:
[F1] Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.
[F1] Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.
[F1] Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.
--- Footnotes (Complete Index) ---
F1: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.
--- Signature ---
/s/ /s/ Kellye Clouse (2026-05-20)
