Boardroom Alpha
Meeting calendar
AIV · Annual meeting · Wednesday, June 10, 2026

Apartment Investment & Management Co

9 nominees · 4 ballot items.

Elect nine directors for one-year terms; ratify Grant Thornton LLP as Aimco’s independent registered public accounting firm for fiscal 2026; conduct a non-binding advisory vote to approve the compensation of the Company’s named executive officers (Say-on-Pay); and transact such other business as may properly come before the Annual Meeting.

Market cap
$400M
1Y TSR
-11.5%
Board grade
C+
Record date
Apr 22, 2026
Filing
DEF 14A
Meeting concluded · Jun 10, 2026

Follow how the vote landed and what changed on Apartment Investment & Management Co’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot4

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Elect nine directors to serve one-year terms until the 2027 Annual Meeting and until their successors are duly elected and qualified.

  2. 2

    Ratification of Selection of Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify the Audit Committee’s selection of Grant Thornton LLP to serve as Aimco’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

  3. 3

    Advisory Vote to Approve Executive Compensation

    ManagementBoard: FOR

    A non-binding, advisory vote to approve the compensation of Aimco’s named executive officers as disclosed in the Proxy Statement (Say-on-Pay).

    More detail

    This proposal requests a non-binding, advisory approval of the compensation awarded to the Company’s named executive officers as disclosed in the Proxy Statement. Management frames this as an endorsement of the company’s overall pay program, which it describes as pay-for-performance with a mix of base salary, short-term incentive (STI) tied to corporate KPIs, and long-term incentive (LTI) awards (two-thirds of which are performance-based and tied to relative TSR). Management seeks stockholder support to confirm that its compensation framework aligns executives’ interests with those of stockholders, to support retention during execution of strategic initiatives (including the Plan of Sale and Liquidation), and to maintain stability during any transactional period. The Board’s recommendation for a “FOR” vote is grounded in the Compensation and Human Resources Committee’s review, benchmarking to a peer group, engagement with major stockholders, and the program’s governance features—such as double-trigger change-in-control vesting, clawback policy, caps on payouts, and stock ownership guidelines (recently adjusted due to liquidation). The company reports strong 2025 operational outcomes (significant asset sales, debt reduction, and substantial special dividends) and argues these results demonstrate alignment between pay and performance. The advisory vote is non-binding, but management states it will consider the outcome and, if significant negative feedback occurs, will evaluate changes. For sophisticated investors assessing the merits, key points include the degree to which STI metrics (capital allocation, portfolio & financial management, construction/lease-up, and human capital) and TSR-based LTI align with long-term value creation, the use of relative TSR and absolute TSR safeguards (e.g., no upside if absolute TSR is negative), and the special arrangements (e.g., Powell Letter Agreement and retention/bonus prepayments) implemented to secure leadership through the Plan of Sale and Liquidation. Investors should weigh the program’s strong governance features and recent performance against concentrated retention payments and whether those payments are appropriately calibrated to protect stockholder value during a liquidation process.

  4. 4

    Transaction of Other Business

    ManagementBoard: FOR

    Transact such other business as may properly come before the Annual Meeting or any adjournment(s) thereof.

    More detail

    This item is a standard catch-all resolution included in proxy notices to permit the proxies named on the card to vote on any additional matters that may properly arise during the meeting that are not specifically described in the proxy materials. It does not request approval of a particular substantive action and typically covers procedural matters or unforeseen business that may be timely presented at the meeting. The Board recommends a vote “FOR” to ensure valid proxies can be exercised on such matters in accordance with the Board’s judgment and to facilitate orderly conduct of the meeting. For an analyst, the key governance consideration is that such authority is routine and narrow: proxies are expected to exercise discretion only on matters properly presented and not to be used to effect material changes without stockholder notice. Stockholders concerned about potential substantive actions should note that material proposals are generally disclosed in advance; any truly material transaction presented without prior disclosure would be subject to scrutiny and likely require later stockholder approval where legally required. The presence of this item does not in itself indicate that the Company anticipates specific additional actions; rather, it is a procedural measure to ensure the meeting can transact business if necessary.

Director elections

Nominees on the ballot9

Not independent
Tenure on this board
5.6 yrs
Independent
Tenure on this board
5.6 yrs
Also a director at
Mara Holdings Inc (MARA)
Independent
Tenure on this board
5.6 yrs
Also a director at
Cousins Properties Inc (CUZ)
Independent
Tenure on this board
5.6 yrs
Also a director at
Rlj Lodging Trust (RLJ)
Ownership

Top institutional holders10

Latest 13F quarter
1PRICE T ROWE ASSOCIATES INC /MD/11.9%17,156,764$70M
2Madison Avenue Partners, LP8.6%12,374,991$50M
3Newtyn Management, LLC8.5%12,200,000$50M
4VANGUARD PORTFOLIO MANAGEMENT LLC6.0%8,595,664$35M
5Weiss Asset Management LP5.7%8,150,456$33M
6Irenic Capital Management LP3.5%5,029,521$20M
7VANGUARD CAPITAL MANAGEMENT LLC3.3%4,691,383$19M
8Owl Creek Asset Management, L.P.2.1%3,023,200$12M
9HRT FINANCIAL LP1.9%2,678,415$11M
10LANDMARK INVESTMENT PARTNERS, L.P.1.8%2,556,176$10M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Apartment Investment & Management Co 2026 annual meeting?
Apartment Investment & Management Co (AIV) holds its 2026 annual shareholder meeting on Wednesday, June 10, 2026.
What is the record date for the Apartment Investment & Management Co 2026 meeting?
The record date for the Apartment Investment & Management Co 2026 meeting is Wednesday, April 22, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Apartment Investment & Management Co's 2026 meeting?
The board is presenting 9 director nominees at the Apartment Investment & Management Co 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Apartment Investment & Management Co 2026 meeting?
Shareholders will vote on 4 proposals at the Apartment Investment & Management Co 2026 meeting, each tagged with who proposed it and the board's recommendation.
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer