Insider trade

Officer sold ~$750K of MAA shares in the open market

Traded Jan 2, 2026 · Filed Jan 6, 2026

~$750K
Reported value · 5,426 sh @ $138.23: 50K
Holds after · shares reported: -16.4%
stock since the trade · S&P 500 +11.8%, $139.13 → $116.38 on Oct 1

Why it stands out

Mid-America Apartment Communities's General Counsel sold $750K of Mid-America Apartment Communities shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jan 2, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 6, 2026

Officer$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$750,036

Shares × reported transaction price

Timing vs results

65 days after results of Oct 29, 2025, 33 days before results of Feb 4, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $139.13 on Jan 2, 2026, 10% above its 52-week low and 19% below its high, after a 7% rise over the previous 30 trading days

52-week range $126.28 (Oct 29, 2025) to $170.92 (Mar 3, 2025), 29% of the way up, from 250 adjusted closes. 30 trading days earlier: $130.43 on Nov 18, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.7%	+0.3%	-3.0%
30 days	-5.4%	-2.0%	-3.3%
90 days	-9.7%	-4.8%	-4.9%
180 days	+1.9%	+8.6%	-6.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0000912595-26-000004
Filed / recorded: Jan 6, 2026, 2:53 AM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: MID AMERICA APARTMENT COMMUNITIES INC.
Issuer CIK: 912595
Ticker: MAA
Reporting person: Robert J. Delpriore
Relationship: Officer
Officer title: EVP, General Counsel
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 2, 2026
Transaction code: S
Shares / units: 5,426
Price per share: $138.23
Acquired / disposed: Disposed (D)
Shares owned after: 49,745.4148
Ownership form: Direct
Amendment: No

Footnotes from the filing

Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person on August 12, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
This sale price represents the average weighted sale price of the shares sold ranging from $137.63 to $139.03 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the Form 4.