Aimco converts CEO awards under plan for Aimco stock
Published on 10/01/2026 at 15:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Aimco (Apartment Investment and Management Company) converted two CEO award packages covering 211,149 and 165,182 shares on September 29, 2026, as asset sales triggered a change in control under the company liquidation plan. The filing gives Aimco stock a direct connection to the next stage of the wind-down, because both awards were earned at target performance and converted into time-based restricted stock awards.
CEO awards reflect asset sales
According to StockTitan on September 29, 2026, President and CEO Wesley William Powell converted a 2024 performance-based award for 211,149 shares and a 2025 award for 165,182 shares. The combined 376,331 shares were converted into time-based restricted stock awards covering the same number of shares.
A separate filing shows that Jennifer Johnson converted awards for 35,192 shares from 2024 and 39,718 shares from 2025 on the same date, according to StockTitan. The two Johnson awards totaled 74,910 shares, making the executive conversions a larger event than a routine equity grant because the filings cite asset sales and a change in control.
Liquidation changes the investment case
Aimco states on its investor-relations site that stockholders approved the Plan of Sale and Liquidation on February 6, 2026. The company plans to sell its assets in an orderly fashion and return net proceeds from asset sales and cash on hand to stockholders after liabilities and reserves.
The asset-sale strategy is visible in the company portfolio. Connect CRE reported that Aimco sold a seven-property Chicago multifamily portfolio for USD 455.0 million, involving 1,495 units. The transaction followed a USD 740.0 million Boston portfolio sale and a USD 520.0 million Miami transaction, according to the same report.
The company describes itself as a diversified real estate business focused primarily on the U.S. multifamily sector, while its current plan shifts the central value driver from property operations toward asset-sale proceeds and distributions.
Market value and reporting date
Aimco had a market capitalization of USD 302.8 million and a 52-week range of USD 1.92 to USD 8.01 as of September 30, 2026. Investing.com lists November 9, 2026 as the next earnings date.
Aimco stock facts
- Company: Apartment Investment and Management Company
- Ticker: AIV
- Primary exchange: NYSE
- Market capitalization: USD 302.8 million as of September 30, 2026
- 52-week range: USD 1.92-USD 8.01 as of September 30, 2026
- Sector / Industry: Real estate / residential real estate
- Next earnings date: November 9, 2026
