Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-21

Mid America Apartment Communities INC. (MAA)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,874,989
H. Eric Bolton, Jr. total, FY2025
15th
CEO pay percentile vs peers
84:1
CEO-to-median pay ratio
92.15%
Say-on-pay support, latest vote
Companies that benchmark against MAA
17 companies name MAA as a compensation peer

Each company listed discloses MAA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named MAA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
H. Eric Bolton, Jr.$884,988$0$3,826,747$0$942,007$0$221,247$5,874,989
Executive Chairman and Past Chief Executive Officer
A. Bradley Hill712,0195003,412,40901,183,9000144,6525,453,480
Chief Executive Officer and President
Robert DelPriore599,4995001,593,5640690,1590120,6023,004,324
EVP, Chief Administrative Officer and General Counsel
Andrew Holder519,2154001,139,8770565,450059,1442,284,086
EVP, Chief Financial Officer
Timothy Argo469,783500825,0540460,000054,2691,809,606
EVP, Chief Strategy & Analysis Officer
Amber Fairbanks418,702500609,2540371,544047,3201,447,320
EVP, Property Management

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
H. Eric Bolton, Jr.$5,874,989
A. Bradley Hill5,453,4803,197,5462,478,193+2,255,934
Robert DelPriore3,004,3242,927,0042,994,203+77,320
Andrew Holder2,284,0861,463,031+821,055
Timothy Argo1,809,6061,189,1741,198,326+620,432
Amber Fairbanks1,447,320

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
James Barton FrenchEVP Investments2026-05-08D350$131$45,842CommonForm 4 ↗
Deborah H. CaplanDirector2026-05-19A1,40100CommonForm 4 ↗
Green Edith KellyDirector2026-05-19A20712826,593Derivative, Class A CommonForm 4 ↗
David P. StockertDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Alan B. Graf, JrDirector2026-05-19A1,40100CommonForm 4 ↗
Deborah H. CaplanDirector2026-05-19A11312814,517Derivative, Class A CommonForm 4 ↗
John P. CaseDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Tamara FischerDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Sheila K. McGrathDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-05-1950~6,4241 insider, 1 accrual row
Green Edith KellyDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Tamara FischerDirector2026-05-21A60012977,400CommonForm 4 ↗
Tamara FischerDirector2026-05-21A50012864,000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 13 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
James Barton FrenchEVP Investments2026-05-08D350$131$45,842CommonForm 4 ↗
Deborah H. CaplanDirector2026-05-19A1,40100CommonForm 4 ↗
Green Edith KellyDirector2026-05-19A20712826,593Derivative, Class A CommonForm 4 ↗
David P. StockertDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Alan B. Graf, JrDirector2026-05-19A1,40100CommonForm 4 ↗
Deborah H. CaplanDirector2026-05-19A11312814,517Derivative, Class A CommonForm 4 ↗
John P. CaseDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Tamara FischerDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Sheila K. McGrathDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
John P. CaseDirector2026-05-19A501286,424Derivative, Class A CommonForm 4 ↗
Green Edith KellyDirector2026-05-19A1,401128179,986Derivative, Class A CommonForm 4 ↗
Tamara FischerDirector2026-05-21A60012977,400CommonForm 4 ↗
Tamara FischerDirector2026-05-21A50012864,000CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Robert DelPriorePSU2025-01-063,1537,88614,196$1,139,877
H. Eric Bolton, Jr.PSU2025-01-0610,58926,47747,6593,826,747
Amber FairbanksPSU2025-01-061,6854,2147,587609,254
Robert DelPriorePSU2025-01-064,41011,02519,8461,593,564
Andrew HolderPSU2025-01-069,44323,61042,4993,412,409
Amber FairbanksPSU2025-01-062,2825,70710,274825,054
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Robert DelPriore$0$2,733,441$0100.0%
H. Eric Bolton, Jr.03,826,7470100.0%
Amber Fairbanks01,434,3080100.0%
Andrew Holder03,412,4090100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Timothy ArgoRSU1,141$158,496
A. Bradley HillRSU52973,483
Robert DelPrioreRSU5,093707,469
A. Bradley HillRSU4,722655,933
A. Bradley HillRSU4,624642,320
Robert DelPrioreRSU4,119572,170
Andrew HolderRSU3,643506,049
Robert DelPrioreRSU2,205306,297
Amber FairbanksRSU1,947270,458
A. Bradley HillRSU1,783247,677
Timothy ArgoRSU62787,097
Amber FairbanksRSU46364,315
Amber FairbanksRSU40656,397
Andrew HolderRSU15120,975
H. Eric Bolton, Jr.RSU5,740797,343
H. Eric Bolton, Jr.RSU5,295735,528
Timothy ArgoRSU18625,837
H. Eric Bolton, Jr.RSU2,130295,878
A. Bradley HillRSU1,817252,399
Andrew HolderRSU1,636227,257
Andrew HolderRSU1,577219,061
H. Eric Bolton, Jr.RSU7,187998,346
Robert DelPrioreRSU1,618224,756
H. Eric Bolton, Jr.RSU14,6152,030,170
H. Eric Bolton, Jr.RSU12,2311,699,008
A. Bradley HillRSU10,9071,515,091
Timothy ArgoRSU2,637366,306
Robert DelPrioreRSU2,210306,991
Amber FairbanksRSU843117,101
Timothy ArgoRSU1,185164,608
Andrew HolderRSU64389,319
Amber FairbanksRSU1,179163,775
Robert DelPrioreRSU65590,986
Timothy ArgoRSU46664,732
Amber FairbanksRSU12116,808
05

Incentive-plan design — the Compensation Discussion & Analysis

The primary objective of our executive compensation program is to drive key business and strategic goals over various time frames in support of long-term shareholder value creation. We also seek to provide fair and competitive pay opportunities that align with both overall MAA and individual performance, shareholder interests and sound corporate governance practices.

CEO STI target (% of salary)125%
CEO LTI target (% of salary)
Independent consultantPearl Meyer
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1991,513,8807,795,202391,50592.15%Passed
20252025-05-2093,073,4339,774,643225,62790.5%Passed
20242024-05-2191,268,7629,017,02696,11191.01%Passed
20232023-05-1690,770,0779,986,86894,61990.09%Passed
20222022-05-1789,313,31611,063,312115,52688.98%Passed
20212021-05-1891,964,7677,867,243131,58292.12%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1992.15%a
20252025-05-2090.5%b
20242024-05-2191.01%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)84 : 1
CEO total compensation$5,491,461
Median employee compensation$65,112
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
W. Reid SandersIndependent · Departed during FY$0$0$0$0$1,886,000$1,886,000
Alan B. Graf, JrIndependent · Lead Independent Director · Audit (Chair)147,500179,913007,172334,585
Deborah H. CaplanIndependent · Compensation (Chair) · Nominating and Corporate Governance113,500179,913007,172300,585
Tamara FischerIndependent · Audit · Compensation103,500179,913007,172290,585
Edith Kelly-GreenIndependent · Compensation · Nominating and Corporate Governance103,250179,913007,172290,335
John P. CaseIndependent · Audit · Real Estate Investment101,125179,913007,172288,210
Sheila K. McGrathIndependent · Audit · Real Estate Investment101,125179,913007,172288,210
David P. StockertIndependent · Audit · Real Estate Investment (Chair)99,750179,913007,172286,835
Thomas H. LowderIndependent · Compensation · Departed during FY49,125003,77252,897
James K. LowderIndependent · Nominating and Corporate Governance · Real Estate Investment · Departed during FY48,375003,77252,147
H. Eric Bolton, JrEmployee director · Board Chair00000
A. Bradley HillEmployee director · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$867,250
Equity awards (grant-date value)$1,259,391
All other compensation$1,943,748
Total cost of the board$4,070,389

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Mid America Apartment Communities INC. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Mid America Apartment Communities INC..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1BXP, Inc. (formerly Boston Properties, Inc.)2025Owen Thomas$950,000$19,317,943$0$2,758,900$23,047,305
2Extra Space Storage, Inc.2025Joseph Margolis940,00011,138,71501,616,21314,186,887
3Invitation Homes Inc.2025Dallas Tanner1,000,00010,965,04602,108,00014,096,335
4Equity Residential2025Mark Parrell900,0008,023,6681,498,7412,317,61312,759,187
5Kimco Realty Corporation2025Conor Flynn1,000,0007,080,40103,398,40011,581,750
6Essex Property Trust, Inc.2025Angela Kleiman944,5204,733,25404,362,21010,096,804
7UDR, Inc.2025Thomas Toomey900,0009,010,120009,933,438
8Public Storage2025Joseph Russell1,000,0003,982,3712,907,5832,005,8239,909,777
9Sun Communities, Inc.2025Charles Young218,7257,921,66101,725,0009,865,401
10AvalonBay Communities, Inc.2025Benjamin Schall1,000,0006,319,735482,3651,815,5409,663,500
11American Homes 4 Rent2025Bryan Smith850,0005,114,70001,556,3717,535,178
12Mid America Apartment Communities INC.2025H. Eric Bolton, Jr.884,9883,826,7470942,0075,874,989
13Camden Property Trust2025Alexander Jessett646,5963,010,54801,491,0315,151,175
14Equity LifeStyle Properties, Inc.2025Marguerite Nader683,2381,814,22201,492,4574,003,917

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Mid America Apartment Communities INC.86%PSU 80 · RSU 20Yes — Compounded Annualized Three-Year Relative Total Shareholder Return (TSR)Pearl Meyer
American Homes 4 Rent104.6%PSU 60 · RSU 40Yes — Relative TSRSemler Brossy
AvalonBay Communities, Inc.104.8%PSU 100NoFerguson Partners Consulting L.P.
BXP, Inc. (formerly Boston Properties, Inc.)117.4%PSU 55 · RSU 45Yes — Relative TSR with aTSR ModifierFW Cook
Camden Property Trustnot disclosedPSU 100not disclosedCBIZ Talent and Compensation Solutions
Equity LifeStyle Properties, Inc.63%RSU 100NoFerguson Partners
Equity Residential114.45%PSU 100Yes — Performance of Company relative to weighted average TSR of companies in the FTSE Nareit Equity Apartments IndexFerguson Partners Consulting
Essex Property Trust, Inc.not disclosednot disclosednot disclosedMercer LLC
Extra Space Storage, Inc.98.25%PSU 75 · RSU 25Yes — Relative TSRMeridian
Invitation Homes Inc.105.4%PSU 75 · RSU 25Yes — TSR Relative to RMS Index CAGRFerguson Partners Consulting
Kimco Realty Corporation189%PSU 67 · RSU 33Yes — Total Stockholder Return (TSR)Pay Governance LLC
Public Storagenot disclosedRSU 60 · Options 40not disclosedFerguson Partners Consulting
Sun Communities, Inc.200%PSU 60 · RSU 40Yes — Relative TSR vs. MSCI US REIT IndexFerguson Partners Consulting, LP
UDR, Inc.not disclosedPSU 100Yes — Relative cumulative TSR versus apartment peersFPL Associates

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Mid America Apartment Communities INC. in fiscal 2025?
H. Eric Bolton, Jr., serving as Executive Chairman and Past Chief Executive Officer, received total compensation of $5,874,989 in fiscal 2025.
How does Mid America Apartment Communities INC.'s chief executive pay compare to its disclosed peer group?
The CEO's pay placed him at the 15th percentile of the disclosed peer group.
What is Mid America Apartment Communities INC.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio was 84:1.
How did shareholders vote on Mid America Apartment Communities INC.'s executive compensation?
Shareholders approved the executive compensation plan with 92.15% support in the latest vote.
How much does Mid America Apartment Communities INC. spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $4,070,389.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, H. Eric Bolton, Jr.DEF 14A2026-04-060001140361-26-013212Section “SUMMARY COMPENSATION TABLE”. As printed: 5,874,989. Filing ↗machine: t272 · r5 · c7 · span 1227258–1227268
2Section 01, A. Bradley HillDEF 14A2026-04-060001140361-26-013212Section “SUMMARY COMPENSATION TABLE”. As printed: 5,453,480. Filing ↗machine: t272 · r8 · c7 · span 1232515–1232525
3Section 01, Robert DelPrioreDEF 14A2026-04-060001140361-26-013212Section “SUMMARY COMPENSATION TABLE”. As printed: 3,004,324. Filing ↗machine: t272 · r13 · c7 · span 1241463–1241473
4Section 01, Andrew HolderDEF 14A2026-04-060001140361-26-013212Section “SUMMARY COMPENSATION TABLE”. As printed: 2,284,086. Filing ↗machine: t272 · r11 · c7 · span 1237828–1237838
5Section 01, Timothy ArgoDEF 14A2026-04-060001140361-26-013212Section “SUMMARY COMPENSATION TABLE”. As printed: 1,809,606. Filing ↗machine: t272 · r16 · c7 · span 1246763–1246773
6Section 01, Amber FairbanksDEF 14A2026-04-060001140361-26-013212Section “SUMMARY COMPENSATION TABLE”. As printed: 1,447,320. Filing ↗machine: t272 · r19 · c7 · span 1252121–1252131
7Section 03, Robert DelPriore PSUDEF 14A2026-04-060001140361-26-013212Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
8Section 03, H. Eric Bolton, Jr. PSUDEF 14A2026-04-060001140361-26-013212Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t284 · r6 · c9 · span 1335870–1335879
9Section 03, Amber Fairbanks PSUDEF 14A2026-04-060001140361-26-013212Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t272 · r19 · c4 · span 1251489–1251496
10Section 03, Robert DelPriore PSUDEF 14A2026-04-060001140361-26-013212Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t284 · r12 · c9 · span 1350785–1350794
11Section 03, Andrew Holder PSUDEF 14A2026-04-060001140361-26-013212Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Amber Fairbanks PSUDEF 14A2026-04-060001140361-26-013212Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 07, pay ratioDEF 14A2026-04-060001140361-26-013212Section “CEO Pay Ratio”. As printed: 84 : 1. Filing ↗machine: span 671321–671328
14Section 08, W. Reid SandersDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 1,886,000. Filing ↗machine: r10 · c8 · span 799380–799385
15Section 08, Alan B. Graf, JrDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 334,585. Filing ↗machine: t181 · r4 · c11 · span 786878–786885
16Section 08, Deborah H. CaplanDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 300,585. Filing ↗machine: t181 · r1 · c11 · span 780587–780594
17Section 08, Tamara FischerDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 290,585. Filing ↗machine: t181 · r3 · c11 · span 784818–784825
18Section 08, Edith Kelly-GreenDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 290,335. Filing ↗machine: t181 · r5 · c11 · span 789022–789029
19Section 08, John P. CaseDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 288,210. Filing ↗machine: t181 · r2 · c11 · span 782722–782729
20Section 08, Sheila K. McGrathDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 288,210. Filing ↗machine: t181 · r8 · c11 · span 795528–795535
21Section 08, David P. StockertDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 286,835. Filing ↗machine: t181 · r12 · c11 · span 804563–804570
22Section 08, Thomas H. LowderDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 52,897. Filing ↗machine: t181 · r7 · c11 · span 793433–793439
23Section 08, James K. LowderDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 52,147. Filing ↗machine: t181 · r6 · c11 · span 791217–791223
24Section 08, H. Eric Bolton, JrDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, A. Bradley HillDEF 14A2026-04-060001140361-26-013212Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, James Barton French 2026-05-08Form 42026-05-080000912595-26-000064Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Deborah H. Caplan 2026-05-19Form 42026-05-200000912595-26-000081Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Green Edith Kelly 2026-05-19Form 42026-05-200000912595-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, David P. Stockert 2026-05-19Form 42026-05-200000912595-26-000075Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Alan B. Graf, Jr 2026-05-19Form 42026-05-200000912595-26-000085Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Deborah H. Caplan 2026-05-19Form 42026-05-200000912595-26-000081Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, John P. Case 2026-05-19Form 42026-05-200000912595-26-000079Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Tamara Fischer 2026-05-19Form 42026-05-200000912595-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Sheila K. McGrath 2026-05-19Form 42026-05-200000912595-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, John P. Case 2026-05-19Form 42026-05-200000912595-26-000079Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Green Edith Kelly 2026-05-19Form 42026-05-200000912595-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Tamara Fischer 2026-05-21Form 42026-05-210000912595-26-000087Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Tamara Fischer 2026-05-21Form 42026-05-210000912595-26-000087Insider equity transaction reported since the proxy statement. Filing ↗
39Section 06, 2026 voteForm 8-K2026-05-200001193125-26-232618Item 5.07 · say-on-pay result. As reported: 92.15% (votes for as printed: 91,513,880). Filing ↗
40Section 06, 2025 voteForm 8-K2025-05-210000950170-25-075777Item 5.07 · say-on-pay result. As reported: 90.5% (votes for as printed: 93,073,433). Filing ↗
41Section 06, 2024 voteForm 8-K2024-05-220000950170-24-063619Item 5.07 · say-on-pay result. As reported: 91.01% (votes for as printed: 91,268,762). Filing ↗
42Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
43Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
44Section 09b board cost (computed)ComputedcomputedCash 867,250 + equity 1,259,391 + all other 1,943,748 = 4,070,389, summed across the director compensation table rows.machine: formula: Σ = 4,070,389
45BXP, Inc. (formerly Boston Properties, Inc.), Section 10b CEO totalDEF 14A2026-04-100001037540-26-000010CEO total compensation as printed in BXP, Inc. (formerly Boston Properties, Inc.)'s own proxy. As printed: 23,047,305. Filing ↗machine: span 1785714–1785724
46Extra Space Storage, Inc., Section 10b CEO totalDEF 14A2026-04-010001289490-26-000027CEO total compensation as printed in Extra Space Storage, Inc.'s own proxy. As printed: 14,186,887. Filing ↗machine: r2 · c21 · span 521873–521883
47Invitation Homes Inc., Section 10b CEO totalDEF 14A2026-03-260001193125-26-126310CEO total compensation as printed in Invitation Homes Inc.'s own proxy. As printed: 14,096,335. Filing ↗machine: t266 · r3 · c39 · span 1039962–1039973
48Equity Residential, Section 10b CEO totalDEF 14A2026-04-140001193125-26-155007CEO total compensation as printed in Equity Residential's own proxy. As printed: 12,759,187. Filing ↗machine: t125 · r5 · c25 · span 1751090–1751100
49Kimco Realty Corporation, Section 10b CEO totalDEF 14A2026-04-080001206774-26-000197CEO total compensation as printed in Kimco Realty Corporation's own proxy. As printed: 11,581,750. Filing ↗machine: t133 · r4 · c7 · span 542175–542185
50Essex Property Trust, Inc., Section 10b CEO totalDEF 14A2026-03-270000920522-26-000011CEO total compensation as printed in Essex Property Trust, Inc.'s own proxy. As printed: 10,096,804. Filing ↗machine: r2 · c21 · span 1017592–1017602
51UDR, Inc., Section 10b CEO totalDEF 14A2026-04-020000074208-26-000037CEO total compensation as printed in UDR, Inc.'s own proxy. As printed: 9,933,438. Filing ↗machine: t322 · r11 · c18 · span 3007170–3007179
52Public Storage, Section 10b CEO totalDEF 14A2026-03-270001193125-26-128991CEO total compensation as printed in Public Storage's own proxy. As printed: 9,909,777. Filing ↗machine: t75 · r4 · c29 · span 2764941–2764950
53Sun Communities, Inc., Section 10b CEO totalDEF 14A2026-03-300000912593-26-000141CEO total compensation as printed in Sun Communities, Inc.'s own proxy. As printed: 9,865,401. Filing ↗machine: span 1532781–1532790
54AvalonBay Communities, Inc., Section 10b CEO totalDEF 14A2026-04-060001104659-26-039943CEO total compensation as printed in AvalonBay Communities, Inc.'s own proxy. As printed: 9,663,500. Filing ↗machine: t263 · r9 · c18 · span 1661086–1661095
55American Homes 4 Rent, Section 10b CEO totalDEF 14A2026-03-270001562401-26-000018CEO total compensation as printed in American Homes 4 Rent's own proxy. As printed: 7,535,178. Filing ↗machine: r2 · c8 · span 1506459–1506468
56Mid America Apartment Communities INC. (subject), Section 10b CEO totalDEF 14A2026-04-060001140361-26-013212CEO total compensation as printed in Mid America Apartment Communities INC.'s own proxy. As printed: 5,874,989. Filing ↗machine: t272 · r5 · c7 · span 1227258–1227268
57Camden Property Trust, Section 10b CEO totalDEF 14A2026-03-270001628280-26-021581CEO total compensation as printed in Camden Property Trust's own proxy. As printed: 5,151,175. Filing ↗machine: span 767748–767757
58Equity LifeStyle Properties, Inc., Section 10b CEO totalDEF 14A2026-03-170001628280-26-018799CEO total compensation as printed in Equity LifeStyle Properties, Inc.'s own proxy. As printed: 4,003,917. Filing ↗machine: span 504578–504587
59Section 10a, Equity LifeStyle Properties, Inc. reciprocityDEF 14A0001628280-26-018799Equity LifeStyle Properties, Inc. names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
60Section 10a, American Homes 4 Rent reciprocityDEF 14A0001562401-26-000018American Homes 4 Rent names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, Extra Space Storage, Inc. reciprocityDEF 14A0001289490-26-000027Extra Space Storage, Inc. names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
62Section 10a, Public Storage reciprocityDEF 14A0001193125-26-128991Public Storage names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
63Section 10a, Sun Communities, Inc. reciprocityDEF 14A0000912593-25-000147Sun Communities, Inc. names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
64Section 10a, UDR, Inc. reciprocityDEF 14A0000074208-26-000037UDR, Inc. names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
65Section 10a, BXP, Inc. (formerly Boston Properties, Inc.) reciprocityDEF 14A0001037540-26-000010BXP, Inc. (formerly Boston Properties, Inc.)'s most recent proxy was read; its disclosed peer group does not include Mid America Apartment Communities INC.. Filing ↗
66Section 10a, Equity Residential reciprocityDEF 14A0001193125-26-155007Equity Residential names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Essex Property Trust, Inc. reciprocityDEF 14A0000920522-26-000011Essex Property Trust, Inc. names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Camden Property Trust reciprocityDEF 14A0000906345-25-000014Camden Property Trust names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, Invitation Homes Inc. reciprocityDEF 14A0001193125-26-126310Invitation Homes Inc. names Mid America Apartment Communities INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗