Insider trade

Officer sold ~$7.2K of MAA shares in the open market

Traded Jan 8, 2026 · Filed Jan 9, 2026

~$7.2K
Reported value · 53 sh @ $134.98: 19K
Holds after · shares reported: -16.0%
stock since the trade · S&P 500 +10.8%, $138.54 → $116.38 on Oct 1

Why it stands out

Mid-America Apartment Communities's Chief Strategy & Analysis sold $7.2K 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 8, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 9, 2026

Officer<$25KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$7,154

Shares × reported transaction price

Timing vs results

71 days after results of Oct 29, 2025, 27 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 $138.54 on Jan 8, 2026, 10% above its 52-week low and 19% below its high, after a 4% rise over the previous 30 trading days

52-week range $126.28 (Oct 29, 2025) to $170.92 (Mar 3, 2025), 27% of the way up, from 250 adjusted closes. 30 trading days earlier: $133.31 on Nov 24, 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	+0.9%	-0.3%	+1.2%
30 days	-1.7%	-0.0%	-1.7%
90 days	-7.6%	-2.0%	-5.5%
180 days	+1.4%	+7.4%	-6.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0000912595-26-000026
Filed / recorded: Jan 9, 2026, 2:35 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: Timothy Argo
Relationship: Officer
Officer title: EVP, Chief Strategy & Analysis
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 8, 2026
Transaction code: S
Shares / units: 53
Price per share: $134.98
Acquired / disposed: Disposed (D)
Shares owned after: 19,118.364
Ownership form: Direct
Amendment: No

Footnotes from the filing

Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock plan.