AVB / AvalonBay Communities, Inc. - تصريحات هيئة الأوراق المالية والبورصات، التقرير السنوي، بيان الوكيل

Amendment No. 1 to Term Loan Agreement, dated as of August 1, 2025. (Filed herewith.)

Exhibit 10.4 Execution Version AMENDMENT NO. 1 TO TERM LOAN AGREEMENT This AMENDMENT NO. 1 TO TERM LOAN AGREEMENT, dated as of August 1, 2025 (this “Amendment No. 1”), is by and among AvalonBay Communities, Inc., a corporation organized under the laws of the State of Maryland (the “Borrower”), the several lenders signatory hereto (collectively, the “Banks”), Truist Bank, as administrative agent fo

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12672 AVALONBAY COMMUNITIES,

Amendment No. 1 to Seventh Amended and Restated Revolving Loan Agreement, dated as of August 1, 2025. (Filed herewith.)

Exhibit 10.2 Execution Version AMENDMENT NO. 1 TO SEVENTH AMENDED AND RESTATED REVOLVING LOAN AGREEMENT This AMENDMENT NO. 1 TO SEVENTH AMENDED AND RESTATED REVOLVING LOAN AGREEMENT, dated as of August 1, 2025 (this “Amendment No. 1”), is by and among AvalonBay Communities, Inc., a corporation organized under the laws of the State of Maryland (the “Borrower”), the several lenders signatory hereto

AVALONBAY COMMUNITIES, INC. PROVIDES Q2 2025 RESULTS AND UPDATES FULL YEAR 2025 OUTLOOK

Exhibit 99.2 For Immediate News Release July 30, 2025 AVALONBAY COMMUNITIES, INC. PROVIDES Q2 2025 RESULTS AND UPDATES FULL YEAR 2025 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defined in this release) f

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 30, 2025 AVALONBAY COMMUNITI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 30, 2025 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Employ

AVALONBAY COMMUNITIES, INC. PROVIDES Q2 2025 RESULTS AND UPDATES FULL YEAR 2025 OUTLOOK

Exhibit 99.1.2 For Immediate News Release July 30, 2025 AVALONBAY COMMUNITIES, INC. PROVIDES Q2 2025 RESULTS AND UPDATES FULL YEAR 2025 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defined in this release)

Second Supplemental Indenture, dated as of July 10, 2025, between the Company and U.S. Bank Trust Company, National Association (filed herewith)

Exhibit 4.2 AVALONBAY COMMUNITIES, INC. AS ISSUER AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION AS TRUSTEE SECOND SUPPLEMENTAL INDENTURE Dated as of July 10, 2025 $400,000,000 5.000% SENIOR NOTES DUE 2035 SUPPLEMENT TO INDENTURE DATED AS OF FEBRUARY 23, 2024, BETWEEN AVALONBAY COMMUNITIES, INC. (AS ISSUER) AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (AS TRUSTEE) SECOND SUPPLEMENTAL INDEN

Underwriting Agreement, dated as of June 30, 2025, by and among the Company and Wells Fargo Securities, LLC, Barclays Capital Inc., Scotia Capital (USA) Inc. and Truist Securities, Inc., as representatives of the several underwriters named therein (filed herewith)

Exhibit 1.1 AvalonBay Communities, Inc. $400,000,000 5.000% Senior Notes due 2035 Underwriting Agreement June 30, 2025 Wells Fargo Securities, LLC Barclays Capital Inc. Scotia Capital (USA) Inc. Truist Securities, Inc. as Representatives of the several Underwriters c/o Wells Fargo Securities, LLC 550 South Tryon Street, 5th Floor Charlotte, NC 28202 c/o Barclays Capital Inc. 745 Seventh Avenue New

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 10, 2025 AVALONBAY COMMUNITI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 10, 2025 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Commi

Table 1: Newly Registered and Carry Forward Securities

Calculation of Filing Fee Tables S-3 AVALONBAY COMMUNITIES INC Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Carry Forward Form Type Carry Forward File Number Carry Forward Initial Effective Date Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward Newly Registered Securities Fees to be Paid 1 Debt 5.

$400,000,000 AvalonBay Communities, Inc. 5.000% Senior Notes due 2035

TABLE OF CONTENTS  Filed Pursuant to Rule 424(b)(5)  Registration No. 333-277313 PROSPECTUS SUPPLEMENT (To Prospectus dated February 23, 2024) $400,000,000 AvalonBay Communities, Inc. 5.000% Senior Notes due 2035 The notes will bear interest at the rate of 5.000% per year. Interest on the notes will be payable on February 1 and August 1 of each year, beginning on February 1, 2026. The notes will m

Subject to Completion Preliminary Prospectus Supplement dated June 30, 2025

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

Pricing Term Sheet AVALONBAY COMMUNITIES, INC. $400,000,000 5.000% Senior Notes due 2035 June 30, 2025

Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 21, 2025 AVALONBAY COMMUNITIE

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 21, 2025 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Commis

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12672 AVALONBAY COMMUNITIES,

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 30, 2025 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emplo

AVALONBAY COMMUNITIES, INC. PROVIDES Q1 2025 RESULTS, Q2 2025 GUIDANCE, AND REAFFIRMS FULL YEAR 2025 OUTLOOK

Exhibit 99.1 For Immediate News Release April 30, 2025 AVALONBAY COMMUNITIES, INC. PROVIDES Q1 2025 RESULTS, Q2 2025 GUIDANCE, AND REAFFIRMS FULL YEAR 2025 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defi

AVALONBAY COMMUNITIES, INC. PROVIDES Q1 2025 RESULTS, Q2 2025 GUIDANCE, AND REAFFIRMS FULL YEAR 2025 OUTLOOK

Exhibit 99.2 For Immediate News Release April 30, 2025 AVALONBAY COMMUNITIES, INC. PROVIDES Q1 2025 RESULTS, Q2 2025 GUIDANCE, AND REAFFIRMS FULL YEAR 2025 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defi

Entry into a Material Definitive Agreement, Financial Statements and Exhibits, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 3, 2025 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Commi

Seventh Amended and Restated Revolving Loan Agreement, dated as of April 3, 2025, among the Company, as borrower, Bank of America, N.A., as administrative agent, an issuing bank and a bank, JPMorgan Chase Bank, N.A., as an issuing bank, a bank and a syndication agent, Wells Fargo Bank, N.A., as an issuing bank, a bank and a syndication agent, the co-documentation agents and senior managing agents named therein, JPMorgan Chase Bank, N.A., BofA Securities, Inc., and Wells Fargo Securities, LLC as joint bookrunners and joint lead arrangers, and the other bank parties signatory thereto. (Incorporated by reference to Exhibit 10.1 to Form 8-K of the Company filed April 4, 2025.)

Exhibit 10.1 Execution Version     DEAL CUSIP #05348JAN8 REVOLVER CUSIP #05348JAP3 SEVENTH AMENDED AND RESTATED REVOLVING LOAN AGREEMENT   dated as of April 3, 2025   among   AVALONBAY COMMUNITIES, INC., as Borrower,   BANK OF AMERICA, N.A., as Administrative Agent, an Issuing Bank and a Bank   JPMORGAN CHASE BANK, N.A. and WELLS FARGO BANK, N.A. as Issuing Banks, Banks and Syndication Agents,   B

Term Loan Agreement, dated as of April 3, 2025, among the Company, as borrower, Truist Bank, as administrative agent and a bank, TD Bank, N.A., as a bank and a syndication agent, Mizuho Bank, Ltd., as a bank and a syndication agent, Truist Securities, Inc., TD Bank, N.A., and Mizuho Bank, Ltd., as joint bookrunners and joint lead arrangers, and the other bank parties signatory thereto. (Incorporated by reference to Exhibit 10.2 to Form 8-K of the Company filed April 4, 2025.)

Exhibit 10.2 Execution Version DEAL CUSIP #05348JAQ1 REVOLVER CUSIP #05348JAR9 TERM LOAN AGREEMENT dated as of April 3, 2025 among AVALONBAY COMMUNITIES, INC., as Borrower, TRUIST BANK, as Administrative Agent and a Bank TD BANK, N.A. and MIZUHO BANK, LTD., as Banks and Syndication Agents, THE OTHER BANKS SIGNATORY HERETO, each as a Bank, and TRUIST SECURITIES, INC., TD BANK, N.A., and MIZUHO BANK

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the trans

Form of Indemnification Agreement between the Company and its Directors. (Filed herewith.)

Exhibit 10.9 INDEMNIFICATION AGREEMENT [The Company has entered into an Indemnification Agreement with each of its Directors in substantially the following form.] INDEMNIFICATION AGREEMENT, as of , (the “Agreement”), between AvalonBay Communities, Inc., a Maryland corporation (the “Company”), and (the “Indemnitee”). WHEREAS, it is essential to the success of the Company to retain and attract as di

Schedule of Subsidiaries of the Company. (Filed herewith.)

Exhibit 21.1 SUBSIDIARY LIST (BY JURISDICTION) California San Francisco Bay Partners II, Ltd. Connecticut Smithtown Galleria Associates Limited Partnership Town Close Associates Limited Partnership Delaware 1865 Broadway For-Sale, LLC 1865 Broadway Retail, LLC 4100 Massachusetts Avenue Solar, LLC 650 North Sherman, LLC Acton Solar Avalon, LLC Alameda Financing, L.P. Alexander City Park, LLC Archst

AvalonBay Communities, Inc. Insider Trading Policy. (Filed herewith.)

Exhibit 19.1 AVALONBAY COMMUNITIES, INC. INSIDER TRADING POLICY AvalonBay Communities, Inc. (“AvalonBay” or the “Company”) has adopted the following policy and procedures for securities trading by Company directors and employees (our “Insider Trading Policy”). Our Insider Trading Policy is intended to prevent the misuse of material nonpublic information, insider trading in securities, and the seve

Form of Incentive Stock Option/Non-Qualified Stock Option Agreement for use with officers and associates. (Filed herewith.)

Exhibit 10.3 AvalonBay Communities, Inc. [Incentive][Non-Qualified] Stock Option Agreement (2009 Equity Incentive Plan) Pursuant to the AvalonBay Communities, Inc. Second Amended and Restated 2009 Equity Incentive Plan (the “Plan”), AvalonBay Communities, Inc. (the “Company”) hereby grants to the Optionee named below an Option to purchase on or prior to the tenth anniversary of the grant date of t

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12672 AVALONBAY COMMUNITIES, INC.

Form of Stock Grant and Restricted Stock Agreement for use with officers and associates. (Filed herewith.)

Exhibit 10.2 AvalonBay Communities, Inc. Restricted Stock Grant and Award Agreement Pursuant to the terms of the AvalonBay Communities, Inc. Second Amended and Restated 2009 Equity Incentive Plan (as the same may be amended hereafter from time to time, the “Plan”), in consideration for services rendered and to be rendered to AvalonBay Communities, Inc. (the “Company”) and for other good and valuab

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2024 OPERATING RESULTS, DIVIDEND INCREASE AND INITIAL 2025 OUTLOOK

Exhibit 99.2 For Immediate News Release February 5, 2025 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2024 OPERATING RESULTS, DIVIDEND INCREASE AND INITIAL 2025 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as define

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 5, 2025 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2024 OPERATING RESULTS, DIVIDEND INCREASE AND INITIAL 2025 OUTLOOK

Exhibit 99.1 For Immediate News Release February 5, 2025 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2024 OPERATING RESULTS, DIVIDEND INCREASE AND INITIAL 2025 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as define

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12672 AVALONBAY COMMUNIT

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK

Exhibit 99.2 For Immediate News Release November 4, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defined in t

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK

Exhibit 99.1 For Immediate News Release November 4, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defined in t

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 4, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 5, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (C

Underwriting Agreement, dated as of September 5, 2024, by and among AvalonBay Communities, Inc. and Goldman Sachs & Co. LLC, BofA Securities, Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC, in their capacity as underwriters, Goldman Sachs & Co. LLC, BofA Securities, Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC, in their capacity as forward sellers, and Goldman Sachs & Co. LLC, Bank of America, N.A., Deutsche Bank AG, London Branch and Morgan Stanley & Co. LLC, in their capacity as forward purchasers.

EXHIBIT 1.1 AVALONBAY COMMUNITIES, INC. 3,200,000 Shares of Common Stock ($0.01 par value) Underwriting Agreement September 5, 2024 Goldman Sachs & Co. LLC BofA Securities, Inc. Deutsche Bank Securities Inc. Morgan Stanley & Co. LLC c/o            Goldman Sachs & Co. LLC 200 West Street New York, New York 10282 c/o            BofA Securities, Inc. One Bryant Park New York, New York 10036 c/o      

Form of Supplemental Forward Confirmation Letter, dated September 6, 2024 (included in Exhibit 1.4)

EXHIBIT 1.4 To: AvalonBay Communities, Inc. September 6, 2024 4040 Wilson Blvd, Suite 1000 Arlington, Virginia 22203 From: [Forward Purchaser] From: [Forward Seller] Ladies and Gentlemen, The purpose of this letter agreement (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time between [ ] (“Dealer”) and AvalonBay Communities

Form of Supplemental Forward Confirmation Letter, dated September 5, 2024 (included in Exhibit 1.2)

EXHIBIT 1.2 To: AvalonBay Communities, Inc. September 5, 2024 4040 Wilson Blvd, Suite 1000 Arlington, Virginia 22203 From: [Forward Purchaser] From: [Forward Seller] Ladies and Gentlemen, The purpose of this letter agreement (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time between [ ] (“Dealer”) and AvalonBay Communities

3,200,000 Shares AvalonBay Communities, Inc. Common Stock

TABLE OF CONTENTS  Filed Pursuant to Rule 424(b)(5)  Registration No. 333-277313 PROSPECTUS SUPPLEMENT (To Prospectus dated February 23, 2024) 3,200,000 Shares AvalonBay Communities, Inc. Common Stock We are offering 3,200,000 shares of our common stock, par value $0.01 per share. We have entered into a forward sale agreement with each of Goldman Sachs & Co. LLC, BofA Securities, Inc., Deutsche Ba

Table 1: Newly Registered and Carry Forward Securities

Calculation of Filing Fee Tables S-3 AVALONBAY COMMUNITIES INC Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Carry Forward Form Type Carry Forward File Number Carry Forward Initial Effective Date Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward Newly Registered Securities Fees to be Paid 1 Equity Common Stock, $0.

Subject to Completion Preliminary Prospectus Supplement dated September 5, 2024

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12672 AVALONBAY COMMUNITIES,

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK

Exhibit 99.1 For Immediate News Release July 31, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defined in thi

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK

Exhibit 99.2 For Immediate News Release July 31, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2024 RESULTS AND RAISES FULL YEAR 2024 OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defined in thi

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 31, 2024 AVALONBAY COMMUNITI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 31, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Employ

Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 5, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Commis

Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 16, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Commis

Underwriting Agreement, dated as of May 7, 2024, by and among the Company and BofA Securities, Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC and TD Securities (USA) LLC, as representatives of the several underwriters named therein (filed herewith)

Exhibit 1.1 AvalonBay Communities, Inc.    $400,000,000 5.350% Senior Notes due 2034 Underwriting Agreement May 7, 2024 BofA Securities, Inc. PNC Capital Markets LLC RBC Capital Markets, LLC TD Securities (USA) LLC as Representatives of the several Underwriters c/o BofA Securities, Inc. One Bryant Park New York, NY 10036 c/o PNC Capital Markets LLC 300 Fifth Ave, 10th Floor Pittsburgh, PA 15222 c/

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 14, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Commis

First Supplemental Indenture, dated as of May 14, 2024, between the Company and U.S. Bank Trust Company, National Association (filed herewith)

Exhibit 4.2 AVALONBAY COMMUNITIES, INC. AS ISSUER AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION AS TRUSTEE FIRST SUPPLEMENTAL INDENTURE Dated as of May 14, 2024 $400,000,000 5.350% SENIOR NOTES DUE 2034 SUPPLEMENT TO INDENTURE DATED AS OF FEBRUARY 23, 2024, BETWEEN AVALONBAY COMMUNITIES, INC. (AS ISSUER) AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (AS TRUSTEE) FIRST SUPPLEMENTAL INDENTUR

$400,000,000 AvalonBay Communities, Inc. 5.350% Senior Notes due 2034

TABLE OF CONTENTS  Filed Pursuant to Rule 424(b)(5)  Registration No. 333-277313 PROSPECTUS SUPPLEMENT (To Prospectus dated February 23, 2024) $400,000,000 AvalonBay Communities, Inc. 5.350% Senior Notes due 2034 The notes will bear interest at the rate of 5.350% per year. Interest on the notes will be payable on June 1 and December 1 of each year, beginning on December 1, 2024. The notes will mat

Calculation of Filing Fee Table (Form Type) AvalonBay Communities, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107 Calculation of Filing Fee Table 424(b)(5) (Form Type) AvalonBay Communities, Inc.

Subject to Completion Preliminary Prospectus Supplement dated May 7, 2024

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

Pricing Term Sheet AVALONBAY COMMUNITIES, INC. $400,000,000 5.350% Senior Notes due 2034 May 7, 2024

Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12672 AVALONBAY COMMUNITIES,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2024 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2024 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release April 25, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2024 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2024 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2024 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2024 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release April 25, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2024 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2024 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 25, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emplo

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

NOTICE of Annual Meeting of Stockholders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the trans

2024 Amended and Restated Directors Deferred Compensation Program. (Incorporated by reference to Exhibit 10.4 to Form 10-K of the Company filed February 23, 2024.)

Exhibit 10.4 SECOND AMENDED AND RESTATED RULES AND PROCEDURES FOR DIRECTORS’ DEFERRED COMPENSATION PROGRAM These second amended and restated rules and procedures have been adopted on February 12, 2024 by the Nominating, Governance and Corporate Responsibility committee (the “Committee”) of the Board of Directors of AvalonBay Communities, Inc. (the “Company”) to govern the deferral by a Non-Employe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNITIES, INC.

Calculation of Filing Fee Table (Form Type) AvalonBay Communities, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107 Calculation of Filing Fee Table 424(b)(5) (Form Type) AvalonBay Communities, Inc.

Statement of Eligibility of The Bank of New York Mellon, as Trustee under the Indenture for Debt Securities, dated as of February 18, 2018.

Exhibit 25.1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) ¨ THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York (Jurisdiction

Indenture for Debt Securities, dated as of February 23, 2024, between the Company and U.S. Bank Trust Company, National Association. (Incorporated by reference to Exhibit 4.8 to Form 10-K of the Company filed February 23, 2024.)

Exhibit 4.8 AVALONBAY COMMUNITIES, INC., as Issuer — and — U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee ————————————————————————— INDENTURE ————————————————————————— Dated as of February 23, 2024 Debt Securities Certain Sections of this Indenture relating to the Trust Indenture Act of 1939 Trust Indenture Act Section Indenture Section §310(a)(1) 607 (a)(2) 607 (b) 608 §312(a) 701, 702

Statement of Eligibility of The Bank of New York Mellon, as successor Trustee under the Indenture for Senior Debt Securities, dated as of January 16, 1998.

Exhibit 25.2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) ¨ THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York (Jurisdiction

Calculation of Filing Fee Table.

Exhibit 107 Calculation of Filing Fee Form S-3 (Form Type) AvalonBay Communities, Inc.

Form of Director Restricted Stock Unit Agreement (2024). (Incorporated by reference to Exhibit 10.7 to Form 10-K of the Company filed February 23, 2024.)

Exhibit 10.7 [Director Restricted Unit Agreement - 2024+] AVALONBAY COMMUNITIES, INC. RESTRICTED STOCK UNIT AGREEMENT Pursuant to the terms of the AvalonBay Communities, Inc. 2009 Second Amended and Restated Equity Incentive Plan, as the same may hereafter be further amended (the “Plan”), in consideration for services rendered and to be rendered to AvalonBay Communities, Inc. (the “Company”), in o

Exhibit 4.10

Exhibit 4.10 DESCRIPTION OF THE REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 AvalonBay Communities, Inc. (the “Company” or “we”) has one class of securities, our common stock, registered under Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Description of Common Stock The following is a description of the mater

COMMON STOCK

TABLE OF CONTENTS  Filed Pursuant to Rule 424(b)(5)  Registration No. 333-277313 PROSPECTUS SUPPLEMENT (To Prospectus dated February 23, 2024) COMMON STOCK We have entered into separate amended and restated sales agency financing agreements with each of J.P. Morgan Securities LLC, Barclays Capital Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sac

Schedule of Subsidiaries of the Company. (Filed herewith.)

Exhibit 21.1 SUBSIDIARY LIST (BY JURISDICTION) California San Francisco Bay Partners II, Ltd. Connecticut Smithtown Galleria Associates Limited Partnership Town Close Associates Limited Partnership Delaware 1865 Broadway For-Sale, LLC 1865 Broadway Retail, LLC 4100 Massachusetts Avenue Solar, LLC 650 North Sherman, LLC Acton Solar Avalon, LLC Alameda Financing, L.P. Alexander City Park, LLC Archst

Statement of Eligibility of U.S. Bank Trust Company, National Association, as Trustee under the Indenture for Debt Securities, dated as of February 23, 2024.

Exhibit 25.3 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 Statement of Eligibility Under The Trust Indenture Act of 1939 of a Corporation Designated to Act as Trustee Check if an Application to Determine Eligibility of a Trustee Pursuant to Section 305(b)(2) ¨ U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (Exact name of Trustee as specified in its charter) 91-1821036 I.R.S. E

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 23, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (C

As filed with the Securities and Exchange Commission on February 23, 2024

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on February 23, 2024 Registration Statement No.

AvalonBay Communities, Inc. Compensation Recovery Policy

Exhibit 97 AVALONBAY COMMUNITIES, INC. COMPENSATION RECOVERY POLICY Adopted by the Board of Directors on September 29, 2023 1. Overview This Compensation Recovery Policy sets forth the circumstances and procedures under which AvalonBay Communities, Inc. shall recover Erroneously Awarded Compensation from Covered Persons in accordance with rules issued by the SEC and the NYSE and may recover Errone

AVB / AvalonBay Communities, Inc. / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SC 13G/A 1 tv0369-avalonbaycommunitiesi.htm SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 18)* Name of issuer: AvalonBay Communities Inc Title of Class of Securities: Common Stock CUSIP Number: 053484101 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 12, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (C

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2023 OPERATING RESULTS, 3.0% DIVIDEND INCREASE AND INITIAL 2024 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release January 31, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2023 OPERATING RESULTS, 3.0% DIVIDEND INCREASE AND INITIAL 2024 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per s

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2023 OPERATING RESULTS, 3.0% DIVIDEND INCREASE AND INITIAL 2024 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release January 31, 2024 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2023 OPERATING RESULTS, 3.0% DIVIDEND INCREASE AND INITIAL 2024 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per s

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): January 31, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

AVALONBAY COMMUNITIES ANNOUNCES New Executive Vice President and Succession Plan for two Finance Leaders

Exhibit 99.1 PRESS RELEASE CONTACT: Jason Reilley Vice President Investor Relations AvalonBay Communities, Inc. 703-317-4681 FOR IMMEDIATE RELEASE AVALONBAY COMMUNITIES ANNOUNCES New Executive Vice President and Succession Plan for two Finance Leaders ARLINGTON, VA (January 29, 2024) – AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB) announced today the naming of Alaine Walsh as Executive V

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): January 29, 2024 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Co

Form of 5.300% Senior Notes due 2033 (Incorporated by reference to Exhibit 4.4 to Form 8-K of the Company filed December 7, 2023.)

Exhibit 4.4 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (THE “DEPOSITARY”) (55 WATER STREET, NEW YORK, NEW YORK) TO THE ISSUER HEREOF OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY AND ANY PA

Underwriting Agreement, dated as of December 4, 2023, by and among the Company and Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters named therein (filed herewith)

Exhibit 1.1 AvalonBay Communities, Inc. $400,000,000 5.300% Senior Notes due 2033 Underwriting Agreement December 4, 2023 Barclays Capital Inc. Deutsche Bank Securities Inc. J.P. Morgan Securities LLC U.S. Bancorp Investments, Inc. as Representatives of the several Underwriters c/o Barclays Capital Inc. 745 Seventh Avenue New York, NY 10019 c/o Deutsche Bank Securities Inc. 1 Columbus Circle, 9th

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 7, 2023 AVALONBAY COMMUN

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 7, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Co

Calculation of Filing Fee Table (Form Type) AvalonBay Communities, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107 Calculation of Filing Fee Table 424(b)(5) (Form Type) AvalonBay Communities, Inc.

$400,000,000 AvalonBay Communities, Inc. 5.300% Senior Notes due 2033

TABLE OF CONTENTS  Filed Pursuant to Rule 424(b)(5)  Registration No. 333-253532 PROSPECTUS SUPPLEMENT (To Prospectus dated February 25, 2021) $400,000,000 AvalonBay Communities, Inc. 5.300% Senior Notes due 2033 The notes will bear interest at the rate of 5.300% per year. Interest on the notes will be payable on June 7 and December 7 of each year, beginning on June 7, 2024. The notes will mature

Pricing Term Sheet AVALONBAY COMMUNITIES, INC. $400,000,000 5.300% Senior Notes due 2033 December 4, 2023

Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No.

Subject to Completion Preliminary Prospectus Supplement dated December 4, 2023

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

Composite restatement of Articles of Amendment and Restatement of Articles of Incorporation of the Company, dated as of June 4, 1998, as amended by the Articles of Amendment, dated as of October 2, 1998, the Articles of Amendment, dated as of May 22, 2013, and the Articles of Amendment, dated as of May 14, 2020. (Incorporated by reference to Exhibit 3(i).5 to Form 10-Q of the Company filed November 3, 2023.)

Exhibit 3(i).5 This composite copy of the Articles of Incorporation of the Company reflects the provisions of the Articles of Amendment and Restatement of Articles of Incorporation of the Company, dated as of June 4, 1998, as amended by the Articles of Amendment, dated as of October 2, 1998, the Articles of Amendment, dated as of May 22, 2013, and the Articles of Amendment, dated as of May 14, 202

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNIT

Amended and Restated Bylaws of the Company, as adopted by the Board of Directors on October 30, 2023. (Incorporated by reference to Exhibit 3.1 to Form 8-K of the Company filed October 30, 2023.)

Exhibit 3.1 AMENDED AND RESTATED BYLAWS OF AVALONBAY COMMUNITIES, INC. October 30, 2023 AMENDED AND RESTATED BYLAWS OF AVALONBAY COMMUNITIES, INC. TABLE OF CONTENTS Page ARTICLE I MEETINGS OF STOCKHOLDERS 1 1.01 PLACE 1 1.02 ANNUAL MEETINGS 1 1.03 MATTERS TO BE CONSIDERED AT ANNUAL MEETING 1 1.04 SPECIAL MEETINGS 5 1.05 NOTICE 7 1.06 SCOPE OF NOTICE 8 1.07 QUORUM 8 1.08 VOTING 8 1.09 PROXIES 9 1.1

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 30, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Co

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS AND FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release October 25, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS AND FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Cor

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS AND FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release October 25, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS AND FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Cor

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 25, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNITIES,

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 31, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Employ

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2023 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release July 31, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2023 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core F

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2023 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release July 31, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2023 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core F

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 24, 2023 AVALONBAY COMMUNITIE

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 24, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Commission file number 1-12672 Maryland (State or other jurisdiction of incorporation o

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNITIES,

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2023 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release April 26, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2023 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 26, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emplo

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2023 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release April 26, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2023 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core

NOTICE of Annual Meeting of Stockholders Proxy Summary Proposal 1. Election of Directors Corporate Governance Proposal 2. Non-Binding, Advisory Vote on Executive Compensation Proposal 3. Non-Binding, Advisory Vote on the Frequency of Future Advisory

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the trans

Form of Agreement for Grant of Performance-Based Restricted Stock Units with attached Award Terms (subject to changes in the following: weightings; target, threshold and maximum levels of achievement; and metrics used

[2023-2025 TSR and Operating Metrics Awards] Exhibit 10.7 Personal Performance Award Agreement Exhibit for the Three Year Performance Period Ending December 31, 2025 Name: /$ParticipantName$/ Initial Target Dollar Value of Award: /$GrantTxt$/ Date of Grant: /$GrantDate$/ As an officer of Avalonbay Communities, Inc., you have been awarded two performance awards with an aggregate total target dollar

AvalonBay Communities, Inc. Second Amended and Restated 2009 Equity Incentive Plan, as restated to reflect the First Amendment, Second Amendment, Third Amendment and Fourth Amendment thereto. (Incorporated by reference to Exhibit 10.1 to Form 10-K of the Company filed February 24, 2023.)

Exhibit 10.1 AVALONBAY COMMUNITIES, INC. SECOND AMENDED AND RESTATED 2009 EQUITY INCENTIVE PLAN (Restatement) SECTION 1. GENERAL PURPOSE OF THE PLAN; DEFINITIONS The name of the plan is the AvalonBay Communities, Inc. Second Amended and Restated 2009 Equity Incentive Plan (the “Plan”). The purpose of the Plan is to encourage and enable the officers, employees, Non-Employee Directors and other key

Schedule of Subsidiaries of the Company. (Filed herewith.)

Exhibit 21.1 SUBSIDIARY LIST (BY JURISDICTION) California San Francisco Bay Partners II, Ltd. Connecticut Smithtown Galleria Associates Limited Partnership Town Close Associates Limited Partnership Delaware 650 North Sherman, LLC 1865 Broadway For-Sale, LLC 1865 Broadway Retail, LLC 4100 Massachusetts Avenue Solar, LLC Acton Solar Avalon, LLC Alameda Financing, L.P. Alexander City Park, LLC Archst

First Amendment to Amended and Restated Term Loan Agreement, dated as of October 27, 2022, among the Company, as Borrower, PNC Bank, National Association, as Administrative Agent and a bank, The Bank of New York Mellon, as a Syndication Agent and a bank, Truist Bank, as a Syndication agent and a bank, and a syndicate of other financial institutions, serving as banks. (Filed herewith.)

Exhibit 10.19 AMENDMENT NO. 1 TO AMENDED AND RESTATED TERM LOAN AGREEMENT This AMENDMENT NO. 1 TO AMENDED AND RESTATED TERM LOAN AGREEMENT, dated as of October 27, 2022 (this “Amendment No. 1”), is by and among AvalonBay Communities, Inc., a corporation organized under the laws of the State of Maryland (the “Borrower”), the several lenders signatory hereto (collectively, the “Banks”), and PNC Bank

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNITIES, INC.

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2022 OPERATING RESULTS, 3.8% DIVIDEND INCREASE AND INITIAL 2023 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release February 8, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2022 OPERATING RESULTS, 3.8% DIVIDEND INCREASE AND INITIAL 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per s

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2022 OPERATING RESULTS, 3.8% DIVIDEND INCREASE AND INITIAL 2023 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release February 8, 2023 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2022 OPERATING RESULTS, 3.8% DIVIDEND INCREASE AND INITIAL 2023 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per s

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 8, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

AVB / AvalonBay Communities Inc / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SC 13G/A 1 tv0345-avalonbaycommunitiesi.htm SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 17)* Name of issuer: AvalonBay Communities Inc. Title of Class of Securities: REIT CUSIP Number: 053484101 Date of Event Which Requires Filing of this Statement: December 30, 2022 Check the appropriate box to des

Calculation of Filing Fee Table (Form Type) AvalonBay Communities, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107 Calculation of Filing Fee Table 424(b)(5) (Form Type) AvalonBay Communities, Inc.

Form of Amended and Restated Sales Agency Financing Agreement (filed herewith)

EX-1.1 2 tm233367d1ex1-1.htm EXHIBIT 1.1 Exhibit 1.1 FORM OF AMENDED AND RESTATED SALES AGENCY FINANCING AGREEMENT This Amended and Restated Sales Agency Financing Agreement (this “Agreement”), is dated as of January 17, 2023, by and among AvalonBay Communities, Inc., a Maryland corporation (the “Company”), and [], a registered broker-dealer (in its capacity as agent for the Company in connection

COMMON STOCK

424B5 1 tm233251-1424b5.htm 424B5 TABLE OF CONTENTS  Filed Pursuant to Rule 424(b)(5)  Registration No. 333-253532 PROSPECTUS SUPPLEMENT (To Prospectus dated February 25, 2021) COMMON STOCK We have entered into separate sales agency financing agreements with each of J.P. Morgan Securities LLC, Barclays Capital Inc., BNP Paribas Securities Corp., BofA Securities, Inc., BTIG, LLC, Deutsche Bank Secu

Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): January 17, 2023 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Co

Form of Master Forward Sale Confirmation (filed herewith)

EX-1.2 3 tm233367d1ex1-2.htm EXHIBIT 1.2 Exhibit 1.2 January 17, 2023 To: AvalonBay Communities, Inc. 4040 Wilson Blvd., Suite 1000 Arlington, Virginia 22203 From: [Forward Purchaser] [] [] From: [Forward Seller] [] [] Dear Sirs, The purpose of this communication (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time between [

Underwriting Agreement, dated as of November 28, 2022, by and among the Company and Goldman Sachs & Co. LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (filed herewith)

EX-1.1 2 tm2232070d1ex1-1.htm EXHIBIT 1.1 Exhibit 1.1 AvalonBay Communities, Inc. $350,000,000 5.000% Notes due 2033 Underwriting Agreement November 28, 2022 Goldman Sachs & Co. LLC Truist Securities, Inc. Wells Fargo Securities, LLC as Representatives of the several Underwriters c/o Goldman Sachs & Co. LLC 200 West Street New York, New York 10282-2198 c/o Truist Securities, Inc. 3333 Peachtree Ro

Form of 5.000% Senior Notes due 2033 (Incorporated by reference to Exhibit 4.4 to Form 8-K of the Company filed December 7, 2022.)

Exhibit 4.4 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (THE ?DEPOSITARY?) (55 WATER STREET, NEW YORK, NEW YORK) TO THE ISSUER HEREOF OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY AND ANY PA

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 7, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Co

Calculation of Filing Fee Table (Form Type) AvalonBay Communities, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

EX-FILING FEES 2 tm2231386d3ex-filingfees.htm EX-FILING FEES Exhibit 107 Calculation of Filing Fee Table 424(b)(5) (Form Type) AvalonBay Communities, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee R

$350,000,000 AvalonBay Communities, Inc. 5.000% Senior Notes due 2033

TABLE OF CONTENTS ?Filed Pursuant to Rule 424(b)(5)? ?Registration No. 333-253532? PROSPECTUS SUPPLEMENT (To Prospectus dated February 25, 2021) $350,000,000 AvalonBay Communities, Inc. 5.000% Senior Notes due 2033 ? The notes will bear interest at the rate of 5.000% per year. Interest on the notes will be payable on February 15 and August 15 of each year, beginning on August 15, 2023. The notes w

Pricing Term Sheet AVALONBAY COMMUNITIES, INC. $350,000,000 5.000% Senior Notes due 2033 November 28, 2022

Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No.

Subject to Completion Preliminary Prospectus Supplement dated November 28, 2022

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 10, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (C

Fourth Amendment to the Amended and Restated Bylaws of the Company, as adopted by the Board of Directors on November 10, 2022. (Incorporated by reference to Exhibit 3.1 to Form 8-K of the Company filed November 10, 2022.)

Exhibit 3.1 AVALONBAY COMMUNITIES, INC. Secretary?s Certificate Amendment to Bylaws On November 10, 2022, pursuant to a vote of the Board of Directors of AvalonBay Communities, Inc. (the ?Company?) at a duly called and held meeting of the Board, the Board adopted the following amendment to the Company?s Bylaws: AVALONBAY COMMUNITIES, INC. FOURTH AMENDMENT TO AMENDED AND RESTATED BYLAWS 1. The Comp

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNIT

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2022 OPERATING RESULTS AND FOURTH QUARTER 2022 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release November 3, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2022 OPERATING RESULTS AND FOURTH QUARTER 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2022 was $494,747,000. This resulted in an inc

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 3, 2022 AVALONBAY COMMUN

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 3, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2022 OPERATING RESULTS AND FOURTH QUARTER 2022 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release November 3, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2022 OPERATING RESULTS AND FOURTH QUARTER 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2022 was $494,747,000. This resulted in an inc

AVALONBAY COMMUNITIES, INC. ANNOUNCES BOARD CHANGES APPOINTMENT OF CHARLES “CHAZ” E. MUELLER, JR. AND RETIREMENT OF ALAN B. BUCKELEW

Exhibit 99.1 PRESS RELEASE CONTACT: Jason Reilley Vice President Investor Relations AvalonBay Communities, Inc. 703-317-4681 FOR IMMEDIATE RELEASE AVALONBAY COMMUNITIES, INC. ANNOUNCES BOARD CHANGES APPOINTMENT OF CHARLES ?CHAZ? E. MUELLER, JR. AND RETIREMENT OF ALAN B. BUCKELEW ARLINGTON, VA (October 17, 2022) - AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the ?Company?) announced today that Chaz Mue

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 17, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Co

Sixth Amended and Restated Revolving Loan Agreement, dated as of September 27, 2022, among the Company, as Borrower, Bank of America, N.A., as administrative agent, an issuing bank and a bank, JPMorgan Chase Bank, N.A., as an issuing bank, a bank and a syndication agent, Wells Fargo Bank, N.A., as an issuing bank, a bank and a syndication agent, the co-documentation agents named therein, JPMorgan Chase Bank, N.A., BofA Securities, Inc., and Wells Fargo Securities, LLC as joint bookrunners and joint lead arrangers, and the other bank parties signatory thereto. (Incorporated by reference to Exhibit 10.1 to Form 8-K of the Company filed September 29, 2022.)

Exhibit 10.1 SIXTH AMENDED AND RESTATED REVOLVING LOAN AGREEMENT dated as of September 27, 2022 among AVALONBAY COMMUNITIES, INC., as Borrower, BANK OF AMERICA, N.A., as Administrative Agent, an Issuing Bank and a Bank JPMORGAN CHASE BANK, N.A. and WELLS FARGO BANK, N.A. as Issuing Banks, Banks and Syndication Agents, BARCLAYS BANK PLC, Deutsche Bank Securities Inc., GOLDMAN SACHS BANK USA, Morgan

Entry into a Material Definitive Agreement, Financial Statements and Exhibits, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 27, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNITIES,

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2022 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release July 27, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2022 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2022 was $138,691,000. This resulted in

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 27, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Employ

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2022 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release July 27, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2022 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2022 was $138,691,000. This resulted in

AvalonBay Communities, Inc. DIVIDEND REINVESTMENT AND STOCK PURCHASE PLAN

Filed pursuant to Rule 424(b)(3) Registration No. 333-87063 PROSPECTUS SUPPLEMENT (To Prospectus dated February 23, 2018) AvalonBay Communities, Inc. DIVIDEND REINVESTMENT AND STOCK PURCHASE PLAN This prospectus supplement amends and supplements the Prospectus dated February 23, 2018, included in Post-Effective Amendment No. 1 to Form S-3 filed by AvalonBay Communities, Inc. with the Securities an

Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 19, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Commission file number 1-12672 Maryland (State or other jurisdiction of incorporation o

Form of Agreement for Grant of Performance-Based Restricted Stock Units with attached Award Terms and noted variations for Mr. Naughton's 2022-2024 award (subject to changes in the following for future agreements:

[(20XX)-(20XX+3) TSR and Operating Metrics Awards] Form of Personal Performance Award Agreement Exhibit for the Three Year Performance Period Ending December 31, 20XX1 Name: /$ParticipantName$/ Initial Target Dollar Value of Award: /$GrantTxt$/ Date of Grant: /$GrantDate$/ As an officer of Avalonbay Communities, Inc.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12672 AVALONBAY COMMUNITIES,

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2022 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release April 27, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2022 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2022 was $262,044,000. This resulted i

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2022 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release April 27, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2022 OPERATING RESULTS AND SECOND QUARTER AND FULL YEAR 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2022 was $262,044,000. This resulted i

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 27, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emplo

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 6, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Commi

Underwriting Agreement, dated as of April 6, 2022, by and among AvalonBay Communities, Inc. and Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC, in their capacity as underwriters, Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC, in their capacity as forward sellers, and Morgan Stanley & Co. LLC and JPMorgan Chase Bank, National Association, in their capacity as forward purchasers.

EXHIBIT 1.1 AVALONBAY COMMUNITIES, INC. 2,000,000 Shares Common Stock ($0.01 par value) Underwriting Agreement April 6, 2022 Morgan Stanley & Co. LLC J.P. Morgan Securities LLC c/o Morgan Stanley & Co. LLC 1585 Broadway, 4th Floor New York, New York 10036 c/o J.P. Morgan Securities LLC 383 Madison Avenue New York, NY 10179 Ladies and Gentlemen: AvalonBay Communities, Inc., a corporation organized

Supplemental Forward Confirmation Letter, dated as of April 6, 2022, between AvalonBay Communities, Inc. and Morgan Stanley & Co. LLC.

EXHIBIT 1.3 SUPPLEMENTAL CONFIRMATION To: AvalonBay Communities, Inc. From: Morgan Stanley & Co. LLC Re: Issuer Share Forward Sale Transaction Date: April 6, 2022 Dear Sir(s): The purpose of this Supplemental Confirmation is to confirm the terms and conditions of the Transaction entered into between Morgan Stanley & Co. LLC (?Dealer?) and AvalonBay Communities, Inc. (?Counterparty?) (together, the

Master Forward Confirmation Letter, dated as of April 6, 2022, between AvalonBay Communities, Inc. and Morgan Stanley & Co. LLC.

EX-1.2 3 tm2212386d1ex1-2.htm EXHIBIT 1.2 EXHIBIT 1.2 April 6, 2022 To:  AvalonBay Communities, Inc. 4040 Wilson Blvd, Suite 1000 Arlington, Virginia 22203 From: Morgan Stanley & Co. LLC 1585 Broadway, 4th Floor New York, New York 10036 Ladies and Gentlemen, The purpose of this letter agreement (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered

Master Forward Confirmation Letter, dated as of April 6, 2022, between AvalonBay Communities, Inc. and JPMorgan Chase Bank, National Association.

EXHIBIT 1.4 April 6, 2022 To: AvalonBay Communities, Inc. 4040 Wilson Blvd, Suite 1000 Arlington, Virginia 22203 From: JPMorgan Chase Bank, National Association New York Branch 383 Madison Avenue New York, NY 10179 Ladies and Gentlemen, The purpose of this letter agreement (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time

Supplemental Forward Confirmation Letter, dated as of April 6, 2022, between AvalonBay Communities, Inc. and JPMorgan Chase Bank, National Association.

EXHIBIT 1.5 SUPPLEMENTAL CONFIRMATION To: AvalonBay Communities, Inc. From: JPMorgan Chase Bank, National Association Re: Issuer Share Forward Sale Transaction Date: April 6, 2022 Dear Sir(s): The purpose of this Supplemental Confirmation is to confirm the terms and conditions of the Transaction entered into between JPMorgan Chase Bank, National Association (?Dealer?) and AvalonBay Communities, In

Calculation of Filing Fee 424(b)(5) (Form Type) AvalonBay Communities, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities

Exhibit 107 Calculation of Filing Fee 424(b)(5) (Form Type) AvalonBay Communities, Inc.

2,000,000 Shares AvalonBay Communities, Inc. Common Stock

TABLE OF CONTENTS ?Filed Pursuant to Rule 424(b)(5)? ?Registration No. 333-253532? PROSPECTUS SUPPLEMENT (To Prospectus dated February 25, 2021) 2,000,000 Shares AvalonBay Communities, Inc. Common Stock ? We are offering 2,000,000 shares of our common stock, par value $0.01 per share. We have entered into a forward sale agreement with each of Morgan Stanley & Co. LLC and JPMorgan Chase Bank, N.A.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

Proxy Summary Proposal 1. Election of Directors Corporate Governance Proposal 2. Non-Binding, Advisory Vote on Executive Compensation Compensation Discussion and Analysis Executive Compensation Tables Officers, Stock Ownership And Other Information P

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.

Subject to Completion Preliminary Prospectus Supplement dated April 6, 2022

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ? ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2021 OR o TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period f

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): March 15, 2022 AVALONBAY COMMUNITIES, INC. (Exact Name of Registrant as Specified in Its Charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (Comm

AVALONBAY COMMUNITIES ANNOUNCES $500 MILLION COMMERCIAL PAPER NOTE PROGRAM

Exhibit 99.1 PRESS RELEASE CONTACT: Jason Reilley Vice President Investor Relations AvalonBay Communities, Inc. 703-317-4681 FOR IMMEDIATE RELEASE AVALONBAY COMMUNITIES ANNOUNCES $500 MILLION COMMERCIAL PAPER NOTE PROGRAM ARLINGTON, VA (March 15, 2022) - AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the ?Company?) announced today that it established a $500 million unsecured commercial paper note progra

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Commission file number 1-12672 AVALONBA

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of incorporation or organi

Schedule of Subsidiaries of the Company. (Filed herewith.)

Exhibit 21.1 SUBSIDIARY LIST (BY JURISDICTION) California San Francisco Bay Partners II, Ltd. Connecticut Bronxville West, LLC Smithtown Galleria Associates Limited Partnership Town Close Associates Limited Partnership Delaware 650 North Sherman, LLC 1865 Broadway For-Sale, LLC 1865 Broadway Retail, LLC 4100 Massachusetts Avenue Solar, LLC Acton Solar Avalon, LLC Alameda Financing, L.P. Alexander

AVB / AvalonBay Communities Inc / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 16)* Name of issuer: AvalonBay Communities Inc. Title of Class of Securities: REIT CUSIP Number: 053484101 Date of Event Which Requires Filing of this Statement: December 31, 2021 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2021 OPERATING RESULTS AND INITIAL 2022 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release February 2, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2021 OPERATING RESULTS AND INITIAL 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended December 31, 2021 was $335,209,000. This resulted in a decrease in Earnings per S

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2021 OPERATING RESULTS AND INITIAL 2022 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release February 2, 2022 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2021 OPERATING RESULTS AND INITIAL 2022 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended December 31, 2021 was $335,209,000. This resulted in a decrease in Earnings per S

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 2, 2022 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

Retirement Agreement by and between AvalonBay Communities, Inc. and William M. McLaughlin, dated December 16, 2021. (Incorporated by reference to Exhibit 1.1 to Form 8-K of the Company filed December 16, 2021.)

Exhibit 1.1 RETIREMENT AGREEMENT AND GENERAL RELEASE AvalonBay Communities, Inc. (?AvalonBay?, ?Employer? or the ?Company?), and any of its related or affiliated entities, and William M. McLaughlin, 117 Hammond Street, Newton, MA, his heirs, executors, administrators, successors, and assigns (collectively referred to throughout this Retirement Agreement and General Release as ?Employee? or ?you? a

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 16, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Commission file number 1-12672 Maryland 77-0404318 (State or other jurisdiction of

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 18, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Commission file number 1-12672 Maryland 77-0404318 (State or other jurisdiction of

Form of 1.900% Senior Notes Due 2028 (filed herewith)

Exhibit 4.4 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (THE ?DEPOSITARY?) (55 WATER STREET, NEW YORK, NEW YORK) TO THE ISSUER HEREOF OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY AND ANY PA

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 18, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (C

Underwriting Agreement, dated as of November 8, 2021, by and among the Company and BofA Securities, Inc., Deutsche Bank Securities Inc., PNC Capital Markets LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (filed herewith)

EX-1.1 2 tm2133217d1ex1-1.htm EXHIBIT 1.1 EXHIBIT 1.1 AvalonBay Communities, Inc. $400,000,000 1.900% Notes due 2028 Underwriting Agreement November 8, 2021 BofA Securities, Inc. Deutsche Bank Securities Inc. PNC Capital Markets LLC Wells Fargo Securities, LLC as Representatives of the several Underwriters c/o BofA Securities, Inc. One Bryant Park New York, New York 10036 c/o Deutsche Bank Securit

CALCULATION OF REGISTRATION FEE

TABLE OF CONTENTS Filed Pursuant to Rule 424(b)(5) Registration No. 333-253532? CALCULATION OF REGISTRATION FEE ? ? Title Of Each Class of Securities To Be Registered ? ? ? Amount To Be Registered ? ? ? Maximum Offering Price Per Unit ? ? ? Maximum Aggregate Offering Price ? ? ? Amount of Registration Fee(1) ? AvalonBay Communities, Inc. 1.900% Senior Notes due 2028 ? ? ? ? $ 400,000,000 ? ? ? ? ?

Pricing Term Sheet AVALONBAY COMMUNITIES, INC. $400,000,000 1.900% Senior Notes due 2028 November 8, 2021

Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No.

Subject to Completion Preliminary Prospectus Supplement dated November 8, 2021

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Commission file number 1-12672

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of (I.R.S. Employ

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 27, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2021 OPERATING RESULTS AND FOURTH QUARTER 2021 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release October 27, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2021 OPERATING RESULTS AND FOURTH QUARTER 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2021 was $78,914,000. This resulted in a decre

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2021 OPERATING RESULTS AND FOURTH QUARTER 2021 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release October 27, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2021 OPERATING RESULTS AND FOURTH QUARTER 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2021 was $78,914,000. This resulted in a decre

Indenture for Debt Securities, dated as of February 23, 2018, between the Company and The Bank of New York Mellon, as Trustee (incorporated by reference to Exhibit 4.1 to Form 8-K of the Company filed September 15, 2021)

Exhibit 4.1 Execution Copy AvalonBay Communities, Inc., as Issuer ? and ? The Bank of New York Mellon, as Trustee INDENTURE Dated as of February 23, 2018 Debt Securities Certain Sections of this Indenture relating to the Trust Indenture Act of 1939 Trust Indenture Act Section Indenture Section ?310(a)(1) 607 (a)(2) 607 (b) 608 ?312(a) 701, 702(1) (b) 702 (c) 702 ?313(a) 703 (b)(2) 703 (c) 703 (d)

Form of 2.050% Senior Notes due 2032 (Incorporated by reference to Exhibit 4.4 to Form 8-K of the Company filed September 15, 2021.)

Exhibit 4.4 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (THE ?DEPOSITARY?) (55 WATER STREET, NEW YORK, NEW YORK) TO THE ISSUER HEREOF OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY AND ANY PA

Underwriting Agreement, dated as of September 8 2021, by and among the Company and J.P. Morgan Securities LLC, Barclays Capital Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein (filed herewith)

Exhibit 1.1 AvalonBay Communities, Inc. $700,000,000 2.050% Notes due 2032 Underwriting Agreement September 8, 2021 J.P. Morgan Securities LLC Barclays Capital Inc. Goldman Sachs & Co. LLC Morgan Stanley & Co. LLC as Representatives of the several Underwriters c/o J.P. Morgan Securities LLC 383 Madison Avenue New York, New York 10179 c/o Barclays Capital Inc. 745 Seventh Avenue New York, NY 10009

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 15, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 1-12672 (

CALCULATION OF REGISTRATION FEE

TABLE OF CONTENTS Filed Pursuant to Rule 424(b)(5) Registration No. 333-253532? CALCULATION OF REGISTRATION FEE ? ? Title Of Each Class of Securities To Be Registered ? ? ? Amount to be Registered ? ? ? Maximum Offering Price Per Unit ? ? ? Maximum Aggregate Offering Price ? ? ? Amount of Registration Fee(1) ? AvalonBay Communities, Inc. 2.050% Senior Notes due 2032 ? ? ? ? $ 700,000,000 ? ? ? ? ?

Subject to Completion Preliminary Prospectus Supplement dated September 8, 2021

TABLE OF CONTENTS The information in this preliminary prospectus supplement is not complete and may be changed.

Pricing Term Sheet AVALONBAY COMMUNITIES, INC. $700,000,000 2.050% Senior Notes due 2032 September 8, 2021

Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Commission file number 1-12672 AVAL

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of (I.R.S. Employer in

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2021 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2021 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release July 28, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2021 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2021 was $447,953,000. This resulted in

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 28, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Employ

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2021 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2021 FINANCIAL OUTLOOK

EX-99.2 3 q22021ex-992.htm EX-99.2 Exhibit 99.2 For Immediate News Release July 28, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2021 OPERATING RESULTS AND THIRD QUARTER AND FULL YEAR 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2021

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 26, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Commission file number 1-12672 Maryland 77-0404318 (State or other jurisdiction of (I.

Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 20, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Commission file number 1-12672 Maryland 77-0404318 (State or other jurisdiction of (I.R

Form of Incentive Stock Option/Non-Qualified Stock Option Agreement for use with officers and associates for 2021 Supplemental Awards. (Incorporated by reference to Exhibit 10.3 to Form 10-Q of the Company filed May 5, 2021.)

Exhibit 10.3 AvalonBay Communities, Inc. [Incentive] [Non-Qualified] Stock Option Agreement (2009 Equity Incentive Plan) Pursuant to the AvalonBay Communities, Inc. Second Amended and Restated 2009 Equity Incentive Plan (the ?Plan?), AvalonBay Communities, Inc. (the ?Company?) hereby grants to the Optionee named below an Option to purchase on or prior to the tenth anniversary of the grant date of

The Company's Officer Severance Plan, as amended and restated on February 25, 2021. (Incorporated by reference to Exhibit 10.2 to Form 10-Q of the Company filed May 5, 2021.)

Exhibit 10.2 AVALONBAY COMMUNITIES, INC. Officer Severance Plan (As adopted September 9, 1999 and amended and restated November 18, 2008 and further amended and restated on November 9, 2011, February 11, 2016 and February 25, 2021) 1. Purpose. AvalonBay Communities, Inc. (the ?Company?) considers it essential to the best interests of its stockholders to foster the continuous employment of key mana

Quarterly Report - 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of (I.R.S. Employer i

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 28, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emplo

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2021 OPERATING RESULTS AND SECOND QUARTER 2021 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release April 28, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2021 OPERATING RESULTS AND SECOND QUARTER 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2021 was $142,223,000. This resulted in a decrease i

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2021 OPERATING RESULTS AND SECOND QUARTER 2021 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release April 28, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2021 OPERATING RESULTS AND SECOND QUARTER 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the ?Company?) reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2021 was $142,223,000. This resulted in a decrease i

Definitive Proxy Statement on Schedule 14A, filed on April 7, 2021;

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ? Filed by a Party other than the Registrant o Check the appropriate box: ? Preliminary Proxy Statement ? Confidential, for Use of the Commission Only (as permitted by Rule 14a?6(e)(2)) x Defin

- DEFA14A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ? Filed by a Party other than the Registrant o Check the appropriate box: ? Preliminary Proxy Statement ? Confidential, for Use of the Commission Only (as permitted by Rule 14a?6(e)(2)) ? Defin

- 11-K

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ? ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2020 OR o TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period f

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 24, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Commission file number 1-12672 Maryland 77-0404318 (State or other jurisdiction of

Statement of Eligibility of The Bank of New York Mellon, as Trustee under the Indenture for Debt Securities, dated as of February 18, 2018.

Exhibit 25.1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) ? THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York (Jurisdiction

Statement of Eligibility of The Bank of New York Mellon, as successor Trustee under the Indenture for Senior Debt Securities, dated as of January 16, 1998.

Exhibit 25.2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) ? THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York (Jurisdiction

- FORM S-3ASR

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on February 25, 2021 Registration Statement No.

Medium-Term Notes Due nine months or more from date of issue AvalonBay Communities, Inc.

TABLE OF CONTENTS ?Filed Pursuant to Rule 424(b)(2)? ?Registration No. 333-253532? Prospectus Supplement (To Prospectus dated February 25, 2021) $1,000,000,000 Medium-Term Notes Due nine months or more from date of issue ? AvalonBay Communities, Inc. The Company: AvalonBay Communities, Inc. Our executive offices are located at Ballston Tower, 4040 Wilson Blvd., Suite 1000, Arlington, Virginia 2220

Annual Report - 10-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of incorporation or organi

Schedule of Subsidiaries of the Company. (Filed herewith.)

Exhibit 21.1 SUBSIDIARY LIST (BY JURISDICTION) California San Francisco Bay Partners II, Ltd. Connecticut Bronxville West, LLC Smithtown Galleria Associates Limited Partnership Town Close Associates Limited Partnership Delaware 650 North Sherman, LLC 1865 Broadway For-Sale, LLC 1865 Broadway Retail, LLC 4100 Massachusetts Avenue Solar, LLC Alameda Financing, L.P. Alexander City Park, LLC AMP Apart

Form of Underwriting Agreement.

Exhibit 1.1 AvalonBay Communities, Inc. $[?] [?]% Notes due 20[?] Underwriting Agreement [?] [?], 20[?] [Underwriter Names] [Underwriter Addresses] As Representative[s] of the several Underwriters named in Schedule 1 hereto Ladies and Gentlemen: AvalonBay Communities, Inc., a Maryland corporation (the ?Company?), proposes to issue and sell to the several Underwriters listed in Schedule 1 hereto (t

COMMON STOCK

424B2 1 tm217289-3424b2.htm 424B2 TABLE OF CONTENTS  Filed Pursuant to Rule 424(b)(2)  Registration No. 333-253532 PROSPECTUS SUPPLEMENT (To Prospectus dated February 25, 2021) COMMON STOCK We have entered into separate sales agency financing agreements with each of J.P. Morgan Securities LLC, Barclays Capital Inc., BofA Securities, Inc., BTIG, LLC, Citigroup Global Markets Inc., Deutsche Bank Sec

Exhibit 4.9 to AvalonBay Communities, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2020, filed on February 25, 2021

Exhibit 4.9 DESCRIPTION OF THE REGISTRANT?S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 AvalonBay Communities, Inc. (the ?Company? or ?we?) has one class of securities, our common stock, registered under Section 12 of the Securities Exchange Act of 1934, as amended (the ?Exchange Act?). Description of Common Stock The following is a description of the materi

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 15)*

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 15)* Name of issuer: AvalonBay Communities Inc. Title of Class of Securities: REIT CUSIP Number: 053484101 Date of Event Which Requires Filing of this Statement: December 31, 2020 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒

Financial Statements and Exhibits, Results of Operations and Financial Condition - 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 3, 2021 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2020 OPERATING RESULTS AND INITIAL 2021 FINANCIAL OUTLOOK

Exhibit 99.2 For Immediate News Release February 3, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2020 OPERATING RESULTS AND INITIAL 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended December 31, 2020 was $341,128,000. This resulted in an increase in Earnings per

AVALONBAY COMMUNITIES, INC. ANNOUNCES 2020 OPERATING RESULTS AND INITIAL 2021 FINANCIAL OUTLOOK

Exhibit 99.1 For Immediate News Release February 3, 2021 AVALONBAY COMMUNITIES, INC. ANNOUNCES 2020 OPERATING RESULTS AND INITIAL 2021 FINANCIAL OUTLOOK (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended December 31, 2020 was $341,128,000. This resulted in an increase in Earnings per

AVALONBAY COMMUNITIES, INC. APPOINTS BENJAMIN SCHALL PRESIDENT AND ANNOUNCES CEO SUCCESSION PLAN

Exhibit 99.1 PRESS RELEASE CONTACT: Jason Reilley Vice President Investor Relations AvalonBay Communities, Inc. 703-317-4681 FOR IMMEDIATE RELEASE AVALONBAY COMMUNITIES, INC. APPOINTS BENJAMIN SCHALL PRESIDENT AND ANNOUNCES CEO SUCCESSION PLAN ARLINGTON, VA (December 10, 2020) - AVALONBAY COMMUNITIES, INC. (NYSE: AVB) announced today that Benjamin W. Schall has been appointed President of the Comp

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers - FORM 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 4, 2020 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of Commission file number

Employment Agreement between the Company and Benjamin W. Schall, dated as of December 4, 2020 (Incorporated by reference to Exhibit 10.1 to Form 8-K of the Company filed December 10, 2020.)

Exhibit 10.1 [FINAL EXECUTION COPY] EMPLOYMENT AGREEMENT This EMPLOYMENT AGREEMENT (this “Agreement”) by and between Benjamin W. Schall (“you” and words of similar import, or “Executive”) and AvalonBay Communities, Inc., a Maryland corporation (“we” and words of similar import, or “AvalonBay” or the “Company”), is made as of the later date of the two signatures affixed on the signature page hereto

Quarterly Report - 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of (I.R.S. Employ

Third Amendment to AvalonBay Communities, Inc. Second Amended and Restated 2009 Equity Incentive Plan, dated March 18, 2020. (Incorporated by reference to Exhibit 10.1 to Form 10-Q of the Company filed November 4, 2020.)

AVALONBAY COMMUNITIES, INC. Secretary’s Certificate Second Amended and Restated 2009 Equity Incentive Plan I, Edward M. Schulman, being the duly appointed, qualified and acting Secretary of AvalonBay Communities, Inc., a Maryland corporation (the “Corporation”), hereby certify as follows: 1.I am the Secretary of the Corporation and as such, I am authorized to execute this Certificate on behalf of

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2020 OPERATING RESULTS

Exhibit 99.2 For Immediate News Release October 28, 2020 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2020 OPERATING RESULTS (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2020 was $147,703,000. This resulted in a decrease in Earnings per Share – diluted (“EPS

AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2020 OPERATING RESULTS

Exhibit 99.1 For Immediate News Release October 28, 2020 AVALONBAY COMMUNITIES, INC. ANNOUNCES THIRD QUARTER 2020 OPERATING RESULTS (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2020 was $147,703,000. This resulted in a decrease in Earnings per Share – diluted (“EPS

Financial Statements and Exhibits, Results of Operations and Financial Condition - 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 28, 2020 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Emp

Quarterly Report - 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of (I.R.S. Employer in

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2020 OPERATING RESULTS

Exhibit 99.22 For Immediate News Release July 29, 2020 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2020 OPERATING RESULTS (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2020 was $170,828,000. Earnings per Share – diluted (“EPS”) for the three months ended June 30

AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2020 OPERATING RESULTS

Exhibit 99.1 For Immediate News Release July 29, 2020 AVALONBAY COMMUNITIES, INC. ANNOUNCES SECOND QUARTER 2020 OPERATING RESULTS (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2020 was $170,828,000. Earnings per Share – diluted (“EPS”) for the three months ended June 30,

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 29, 2020 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Employ

Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) May 22, 2020 AVALONBAY COMMUNITIES, INC. (Exact Name of Registrant as Specified in Its Charter) Maryland 1-12672 77-0404318 (State or Other Jurisdiction of Incorporation) (Commission F

Terms Agreement, dated May 8, 2020, by and among the Company and Citigroup Global Markets Inc., BofA Securities, Inc., SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC, as representatives of the agents named therein

Exhibit 1.1 AvalonBay Communities, Inc. Medium-Term Notes Due Nine Months or More From Date of Issue TERMS AGREEMENT May 8, 2020 AvalonBay Communities, Inc. 4040 Wilson Blvd., Suite 1000 Arlington, Virginia 22203 Reference is made to that certain Amended and Restated Distribution Agreement dated as of December 16, 2013 (including any exhibits and schedules thereto, the “Distribution Agreement”), b

Articles of Amendment, dated as of May 14, 2020. (Incorporated by reference to Exhibit 3(i).4 to Form 8-K of the Company filed May 15, 2020.)

Exhibit 3(i).4 AVALONBAY COMMUNITIES, INC. ARTICLES OF AMENDMENT AvalonBay Communities, Inc., a Maryland corporation (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that: FIRST: The charter of the Corporation (the “Charter”) is hereby amended by deleting the third paragraph of Section 10.2 of Article X in its entirety. SECOND: The Charter is he

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 12, 2020 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of Commission file number (I.R

CALCULATION OF REGISTRATION FEE Title of Securities Being Registered Maximum Aggregate Offering Price Amount of Registration Fee(1) 2.450% Notes due 2031 $600,000,000 $77,880 Total $77,880

Use these links to rapidly review the document Table of Contents TABLE OF CONTENTS Table of Contents Filed Pursuant to Rule 424(b)(2) Registration No.

AVALONBAY COMMUNITIES, INC. TERMS OF THE NOTES Medium-Term Notes—Fixed Rate 2.450% Notes due 2031

Filed Pursuant to Rule 433 Supplementing the Preliminary Pricing Supplement No. 29 dated May 8, 2020 (To Prospectus dated February 23, 2018 and Prospectus Supplement dated February 23, 2018) Registration Statement No. 333-223183 AVALONBAY COMMUNITIES, INC. TERMS OF THE NOTES Medium-Term Notes—Fixed Rate 2.450% Notes due 2031 Principal Amount: $600,000,000 Issue Price (Public Offering Price): 99.55

Second Amendment to AvalonBay Communities, Inc. Second Amended and Restated 2009 Equity Incentive Plan, dated March 18, 2020. (Incorporated by reference to Exhibit 10.1 to Form 10-Q of the Company filed May 8, 2020.)

AVALONBAY COMMUNITIES, INC. Secretary’s Certificate The undersigned, Edward M. Schulman, hereby certifies that he is the Secretary of AvalonBay Communities, Inc., a Maryland corporation (the “Company”), and does further certify as follows: On March 18, 2020, acting by unanimous written consent, the Board of Directors of the Company adopted the following resolution amending the Company’s Second Ame

Medium-Term Notes—Fixed Rate % Notes due

Use these links to rapidly review the document Table of Contents TABLE OF CONTENTS Table of Contents Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No.

Quarterly Report - 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 Commission file number 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jurisdiction of (I.R.S. Employer i

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 6, 2020 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 1-12672 77-0404318 (State or other jurisdiction of (Commission (I.R.S. Employer

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2020 OPERATING RESULTS

Exhibit 99.1 For Immediate News Release May 6, 2020 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2020 OPERATING RESULTS (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2020 was $167,971,000. This resulted in a decrease in Earnings per Share – diluted (“EPS”) for th

AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2020 OPERATING RESULTS

Exhibit 99.2 For Immediate News Release May 6, 2020 AVALONBAY COMMUNITIES, INC. ANNOUNCES FIRST QUARTER 2020 OPERATING RESULTS (Arlington, VA) AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2020 was $167,971,000. This resulted in a decrease in Earnings per Share – diluted (“EPS”) for th

- DEFA14A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) o Defin