Home › Companies › AVALONBAY COMMUNITIES INC. › 2024-2025

AVALONBAY COMMUNITIES INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and AVALONBAY COMMUNITIES INC.’s Form 8-K, filed May 22, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 13Ballot items
  • 732Asset managers
  • 10,873Fund votes
  • May 21, 2025Meeting date

Results at a glance

Meeting of May 21, 2025: 13 items on AVALONBAY COMMUNITIES INC.’s Form 8-K, filed May 22, 2025: 11 elected · 2 approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore AVALONBAY COMMUNITIES INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by AVALONBAY COMMUNITIES INC.

These tallies are AVALONBAY COMMUNITIES INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 22, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

AVALONBAY COMMUNITIES INC. — official shareholder meeting results, meeting held May 21, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Glyn F. Aeppel 124,645,3993,364,532422,888 --4,581,333 97%Elected—
Elect Director: Terry S. Brown 123,911,3254,080,809440,685 --4,581,333 97%Elected—
Elect Director: Ronald L. Havner, Jr. 127,572,216502,443358,160 --4,581,333 99.6%Elected—
Elect Director: Stephen P. Hills 128,014,08959,758358,972 --4,581,333 99.9%Elected—
Elect Director: Christopher B. Howard 124,662,4923,265,880504,447 --4,581,333 97%Elected—
Elect Director: Richard J. Lieb 125,562,7632,511,935358,121 --4,581,333 98%Elected—
Elect Director: Nnenna Lynch 127,946,924127,682358,213 --4,581,333 99.9%Elected—
Elect Director: Charles E. Mueller, Jr. 127,304,831769,642358,346 --4,581,333 99.3%Elected—
Elect Director: Timothy J. Naughton 123,634,4404,413,482384,897 --4,581,333 97%Elected—
Elect Director: Benjamin W. Schall 127,762,892311,381358,546 --4,581,333 99.7%Elected—
Elect Director: Susan Swanezy 120,711,2957,362,827358,697 --4,581,333 94%Elected—
2. The compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K. 121,084,118 votes were cast in favor of approval of such compensation, 6,909,826 votes were cast agai 121,084,1186,909,826438,875 --4,581,333 95%Approved—
3. The selection of Ernst & Young LLP as the Company's independent auditors for fiscal year 2025 125,075,2427,920,71118,199 ---- 94%Approved—

Source: AVALONBAY COMMUNITIES INC., Form 8-K, filed with the SEC on May 22, 2025 — read the filing on EDGAR.

How asset managers voted at the AVALONBAY COMMUNITIES INC. 2024-2025 meeting

Each item below shows how the 732 asset managers that disclosed a AVALONBAY COMMUNITIES INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Benjamin W. Schall

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 127,762,892AGAINST: 311,381
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Benjamin W. Schall

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Benjamin W. Schall”): 127,762,892 for, 311,381 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,916,205 for, 6,539 against, 3,704 abstained.

FOR
FOR: 57,916,205AGAINST: 6,539ABSTAIN: 3,704
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4220 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

2. Elect Director: Charles E. Mueller, Jr.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 11 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 127,304,831AGAINST: 769,642
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Charles E. Mueller, Jr.

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Charles E. Mueller, Jr.”): 127,304,831 for, 769,642 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,918,900 for, 3,844 against, 3,704 abstained.

FOR
FOR: 57,918,900AGAINST: 3,844ABSTAIN: 3,704
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4220 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

3. Elect Director: Christopher B. Howard

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 124,662,492AGAINST: 3,265,880
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Christopher B. Howard

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Christopher B. Howard”): 124,662,492 for, 3,265,880 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,905,251 for, 17,490 against, 3,708 abstained.

FOR
FOR: 57,905,251AGAINST: 17,490ABSTAIN: 3,708
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,647,9711,451 00For
BlackRock6,376,071934 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

4. Elect Director: Glyn F. Aeppel

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 124,645,399AGAINST: 3,364,532
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Glyn F. Aeppel

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Glyn F. Aeppel”): 124,645,399 for, 3,364,532 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,911,426 for, 11,316 against, 3,706 abstained.

FOR
FOR: 57,911,426AGAINST: 11,316ABSTAIN: 3,706
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4211 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,49419 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

5. Elect Director: Nnenna Lynch

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 127,946,924AGAINST: 127,682
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Nnenna Lynch

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Nnenna Lynch”): 127,946,924 for, 127,682 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,916,210 for, 6,534 against, 3,704 abstained.

FOR
FOR: 57,916,210AGAINST: 6,534ABSTAIN: 3,704
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4220 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

6. Elect Director: Richard J. Lieb

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 125,562,763AGAINST: 2,511,935
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Richard J. Lieb

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Richard J. Lieb”): 125,562,763 for, 2,511,935 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,916,041 for, 6,703 against, 3,704 abstained.

FOR
FOR: 57,916,041AGAINST: 6,703ABSTAIN: 3,704
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4220 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

7. Elect Director: Ronald L. Havner, Jr.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 127,572,216AGAINST: 502,443
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Ronald L. Havner, Jr.

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Ronald L. Havner, Jr.”): 127,572,216 for, 502,443 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,893,131 for, 29,613 against, 3,704 abstained.

FOR
FOR: 57,893,131AGAINST: 29,613ABSTAIN: 3,704
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4220 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

8. Elect Director: Stephen P. Hills

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 128,014,089AGAINST: 59,758
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Stephen P. Hills

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Stephen P. Hills”): 128,014,089 for, 59,758 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,916,103 for, 6,641 against, 3,704 abstained.

FOR
FOR: 57,916,103AGAINST: 6,641ABSTAIN: 3,704
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4220 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

9. Elect Director: Susan Swanezy

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 120,711,295AGAINST: 7,362,827
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Susan Swanezy

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Susan Swanezy”): 120,711,295 for, 7,362,827 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,704,988 for, 217,755 against, 3,704 abstained.

FOR
FOR: 57,704,988AGAINST: 217,755ABSTAIN: 3,704
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4211 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

10. Elect Director: Terry S. Brown

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 123,911,325AGAINST: 4,080,809
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Terry S. Brown

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Terry S. Brown”): 123,911,325 for, 4,080,809 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,876,854 for, 45,888 against, 3,706 abstained.

FOR
FOR: 57,876,854AGAINST: 45,888ABSTAIN: 3,706
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,647,9711,451 00For
BlackRock6,376,071934 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

11. Elect Director: Timothy J. Naughton

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 123,634,440AGAINST: 4,413,482
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualify: Timothy J. Naughton

AVALONBAY COMMUNITIES INC.’s own tally for this item (“Elect Director: Timothy J. Naughton”): 123,634,440 for, 4,413,482 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 Each of the Company's nominees for director as listed in the proxy statement was re-elected as shown in the table below.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 57,743,889 for, 178,855 against, 3,705 abstained.

FOR
FOR: 57,743,889AGAINST: 178,855ABSTAIN: 3,705
Largest asset managers voting on “To elect the following eleven nominees for director to serve until the 2026 Annual Meeting of Stockholders and” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,647,9711,451 00For
BlackRock6,376,071934 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5058 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

12. 2. The compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 10 wordings of this item as funds reported it.

95% Approved · of votes cast

FOR 95%
FOR: 121,084,118AGAINST: 6,909,826
Details: description as filed, official tally, votes by 686 asset managers

Description as filed by funds: To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the Company's Named Executive Officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables and any related material disclosed in the proxy statement.

AVALONBAY COMMUNITIES INC.’s own tally for this item (“2. The compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K. 121,084,118 votes were cast in favor of approval of such compensation, 6,909,826 votes were cast aga”): 121,084,118 for, 6,909,826 against — passed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2 Stockholders approved the compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K. 121,084,118 votes were cast in favor of approval of such compensation, 6,909,826 votes were cast against, and there were 438,875 abstentions.”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of AVALONBAY COMMUNITIES INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (36 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “14A Executive Compensation” (11 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 149 asset managers voting on “To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the Company's Named” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,649,4211 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,5130 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Fund voting reports, all 149 managers: 57,390,300 for, 94,363 against, 3,706 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 573 asset managers voting on “To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the Company's Named” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock7,489,2491,196 00For
T. Rowe Price6,970,8680 00For
PRINCIPAL GLOBAL INVESTORS6,898,5590 00For
State Street5,723,0170 00For
GEODE CAPITAL MANAGEMENT, LLC3,793,5260 00For
Wellington2,439,1120 00For
Charles Schwab2,255,2620 00For
Northern Trust1,951,1760 00For
Clearbridge Investments, LLC1,737,4730 00For
CANADA PENSION PLAN INVESTMENT BOARD1,628,4990 00For
Legal & General Investment Management Ltd17,4641,405,647 00Against
Invesco1,375,4800 00For
Nuveen1,309,9580 00For
Vanguard966,0370 00For
UBS835,66212,584 00For
Capital Group792,8530 00For
Russell Investments638,7050 00For
Cohen & Steers457,3710 00For
Daiwa Securities Group Inc.453,3550 00For
HSBC0448,107 00Against
Amundi0439,118 00Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC424,9190 00For
MELLON INVESTMENTS Corp404,0280 00For
AEW CAPITAL MANAGEMENT L P396,3340 00For
Goldman Sachs388,9090 00For

Institutional-manager reports, all 573 managers: 64,698,424 for, 3,638,252 against, 64,909 abstained, 11,761 not voted. Showing the 25 largest; see all in the interactive database.

13. 3. The selection of Ernst & Young LLP as the Company's independent auditors for fiscal year 2025

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%
FOR: 125,075,242AGAINST: 7,920,711
Details: description as filed, official tally, votes by 160 asset managers

Description as filed by funds: TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2025.

AVALONBAY COMMUNITIES INC.’s own tally for this item (“3. The selection of Ernst & Young LLP as the Company's independent auditors for fiscal year 2025”): 125,075,242 for, 7,920,711 against — passed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3 Stockholders ratified the selection of Ernst & Young LLP as the Company's independent auditors for fiscal year 2025.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 160 asset managers below reported 57,710,678 for, 254,953 against, 3,695 abstained.

FOR
FOR: 57,710,678AGAINST: 254,953ABSTAIN: 3,695
Largest asset managers voting on “TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBE” at AVALONBAY COMMUNITIES INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard22,647,9701,452 00For
BlackRock6,377,0050 00For
Fidelity3,750,2560 00For
T. Rowe Price2,025,7950 00For
State Street1,858,49419 00For
Principal1,857,4370 00For
Dimensional1,744,1560 00For
Charles Schwab1,672,5670 00For
Cohen & Steers1,417,2860 00For
Columbia Threadneedle1,257,1090 00For
Hartford1,201,9940 00For
JPMorgan1,188,7750 00For
TIAA1,051,7620 00For
Invesco830,5640 00For
Capital Group823,0230 00For
Legg Mason770,9580 00For
DWS615,2670 00For
American Century411,6700 00For
Goldman Sachs347,5350 00For
John Hancock347,3670 00For
Russell Investments266,5430 00For
Brighthouse244,5410 3,6950For
Prudential/PGIM231,9970 00For
MASTER INVESTMENT PORTFOLIO219,6440 00For
Neuberger Berman215,2460 00For

Showing the 25 largest of 160 asset managers. See all 160 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 16, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest AVALONBAY COMMUNITIES INC. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top AVALONBAY COMMUNITIES INC. shareholders by shares voted on “TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT AUDITORS FOR THE YEAR…”, 2024-2025
#Asset manager Shares voted
1Vanguard 22,649,422
2BlackRock 6,377,005
3Fidelity 3,750,256
4T. Rowe Price 2,025,795
5State Street 1,858,513
6Principal 1,857,437
7Dimensional 1,744,156
8Charles Schwab 1,672,567
9Cohen & Steers 1,417,286
10Columbia Threadneedle 1,257,109
Institutional-manager reports: top AVALONBAY COMMUNITIES INC. shareholders by shares voted on “To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the…”, 2024-2025
#Asset manager Shares voted
1BlackRock 7,490,445
2T. Rowe Price 6,970,868
3PRINCIPAL GLOBAL INVESTORS 6,898,559
4State Street 5,723,017
5GEODE CAPITAL MANAGEMENT, LLC 3,793,526
6Wellington 2,439,112
7Charles Schwab 2,260,102
8Northern Trust 1,951,176
9Clearbridge Investments, LLC 1,737,473
10CANADA PENSION PLAN INVESTMENT BOARD 1,628,499

Shown as share counts, not percentages: no shares-outstanding figure has been matched to AVALONBAY COMMUNITIES INC. for the 2024-2025 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At AVALONBAY COMMUNITIES INC.'s shareholder meeting held May 21, 2025, in the 2024-2025 proxy season, 732 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 10,873 separate fund positions. On the most widely held item on that ballot — To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the… — AVALONBAY COMMUNITIES INC.'s filing reports the proposal as approved, with 95% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: AVALONBAY COMMUNITIES INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 22, 2025.

AVALONBAY COMMUNITIES INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.