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Total Value
$1.1M
Net $1.1M sold
Filing Date
Aug 19, 2026
1 transaction
Sales
$1.1M
1 transaction

Trade Summary

On Aug 17, 2026 through Aug 18, 2026, SCHULMAN EDWARD M, EVP, Legal Affairs, sold $1.1M of VIVMARK RESIDENTIAL (VMRK) across 1 transaction. The filing covers Common Shares Of Beneficial Interest and reflects net selling of $1.1M. Reported prices ranged from $64.29. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Company Information

Ticker Symbol
VMRK
CIK
0000906107

Insider Information

Role
EVP, Legal Affairs
Location
ARLINGTON, VA

Filing Details

Filing Date
Aug 19, 2026
Transaction Date
Aug 17, 2026
Accession Number
0000906107-26-000070
Form Type
4
Net Trading Amount
-$1.1M

Non-Derivative Transactions

DateSecuritySharesPriceTypeValue
Aug 18, 2026Common Shares Of Beneficial Interest16,595$64.29Sale$1.1M

Derivative Transactions

DateSecuritySharesExercise PriceTypeValue
Aug 17, 2026VMRK derivative12,124โ€”Grant/Awardโ€”
Aug 17, 2026VMRK derivative5,566โ€”Grant/Awardโ€”
Aug 17, 2026VMRK derivative5,016โ€”Grant/Awardโ€”
Aug 17, 2026VMRK derivative12,960โ€”Grant/Awardโ€”
Aug 17, 2026VMRK derivative24,019โ€”Grant/Awardโ€”

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Footnotes

  1. (F1)The price represents the weighted average price of the shares sold. The shares were sold within a range of $64.11 to $64.39. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. (F2)Direct total includes restricted shares of Vivmark Residential scheduled to vest in the future.
  3. (F3)Each restricted unit award is subject to the same time-based vesting conditions that were previously applicable to the AVB Performance Award with respect to a number of limited partnership interests in the OP designated as restricted units ("RUs"), rounded to the nearest whole number of RUs, equal to the product of (i) the number of shares of AVB Common Stock subject to such AVB Performance Award, determined by deeming any performance-based vesting criteria applicable to such AVB Performance Award to be achieved based on the greater of target performance and the actual level of performance (which was calculated as of the latest practicable date prior to the Effective Time and certified by the Compensation Committee of the AVB board prior to the Effective Time) and (ii) 2.793.
  4. (F4)Pursuant to the Agreement and Plan of Merger, dated as of May 20, 2026 (the "Merger Agreement"), by and among AvalonBay Communities, Inc., a Maryland corporation ("AVB"), Vivmark Residential (f/k/a Equity Residential), a Maryland real estate investment trust ("VMRK"), the OP, and Canopy Merger Sub LLC, a Maryland limited liability company ("Merger Sub"), AVB and VMRK combined in a merger of equals on August 17, 2026, with AVB merging with and into Merger Sub, with Merger Sub surviving as a wholly owned subsidiary of VMRK (the "Merger"). Merger Sub subsequently merged with and into the OP, with the OP continuing as the surviving entity.
  5. (F5)Pursuant to the Merger Agreement, each award outstanding immediately prior to the effective time of the Merger (the "Effective Time") with respect to shares of common stock, par value $0.01 per share (the "AVB Common Stock"), of AVB that vest on the basis of the achievement of applicable performance goals (each, an "AVB Performance Award") was converted into a restricted unit award, in lieu of VMRK restricted shares.
  6. (F6)RUs are a class of partnership interest that automatically convert into an equal number of limited partnership interests ("OP Units") in the OP when the capital account related to the RUs reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to the vesting requirements of the grant and certain other conditions, OP Units are exchangeable by the holder for common shares of VMRK on a one-for-one basis or cash value of such shares, at VMRK's option. The RUs reflected in this report also include any OP Units into which such RUs automatically convert.
  7. (F7)The RUs are scheduled to vest on March 1, 2027. In addition, the RUs (including any OP Units into which they may automatically convert) are subject to a holding restriction until August 17, 2028.
  8. (F8)The RUs are scheduled to vest on March 1, 2028. In addition, the RUs (including any OP Units into which they may automatically convert) are subject to a holding restriction until August 17, 2028.
  9. (F9)The RUs are scheduled to vest on March 1, 2029.
  10. (F10)On August 17, 2026, the Reporting Person received a grant of RUs in the OP in lieu of restricted shares of VMRK.
  11. (F11)The RUs are scheduled to vest on August 17, 2029

SEC Filing