Deals between MAA and its directors, executives, owners of more than 5% or their families: a relative on the payroll,
a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
Below: what the proxy filed 2026-04-06 reports that the one filed 2025-04-01 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-01.
Nothing new: every deal in this year's section was reported last year too.
No longer reported 3 paragraphs of the proxy filed 2025-04-01 with nothing like them this year
RELATED PARTY TRANSACTIONS
“No potential related party transactions have been proposed since the beginning of 2024.”
Read it in last year's proxy ↗
CONFLICTS OF INTEREST
“Under our Code of Conduct, an associate who becomes aware of a potential conflict of interest must report the conflict to a supervisor, or our Legal, Internal Audit or Human Resources department. If the potential conflict of interest involves our CEO, any of our executive officers, or a Director, our Board will determine whether to grant a waiver if a conflict of interest is determined to exist. No waivers were requested or granted in 2024.”
Read it in last year's proxy ↗
MATERIAL RELATIONSHIPS
“None of our non-employee Directors had relationships with us during 2024 that the Board determined were material.”
Read it in last year's proxy ↗
The whole section 1 paragraphs, proxy filed 2026-04-06
BOARD AND COMMITTEE OVERSIGHT
“As part of the annual Director Nominee selection process, the Nominating and Corporate Governance Committee, as well as the full Board, reviews related party transactions and any potential conflicts of interest. Under its written charter, the Audit Committee is required to review and discuss with management and our independent registered public accounting firm material related party transactions as required by applicable accounting and regulatory pronouncements. The charter also requires the Audit Committee to conduct prior reviews of related party transactions as described in NYSE Rule 314.00 and prohibit such transactions if determined to be inconsistent with the interests of MAA and its shareholders. All transactions involving related parties must be approved by a majority of the disinterested members of our Board.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not.
A deal reported again with a new amount is not new. Always check the filing.
Open the proxy ↗ · Last year's proxy ↗
