SVP-Finance Shea Keri A sold 2,861 shares (74.9% of holdings) for $591,676.57 at AVB on 2024-08-06.
Shea Keri A, SVP-Finance and Treasurer, executed 2 separate sales totaling 2,861 shares for $591,676.57, reducing her holdings by 74.9% from 3,821 to 960 shares. The blended average price of $206.81 is within a tight range relative to the 52-week high of $213.03 and current price of $208.39, indicating the sale occurred near recent peak levels. The magnitude of this reduction—nearly three-quarters of her holdings—is material for an executive responsible for financial operations, particularly given the company's strong recent fundamentals including $726.0M quarterly revenue and $254.0M net income. The disposal warrants attention from investors monitoring insider positioning at a company with a P/E of 35.20.