v3.26.1
Common Stock, OP Units, and Equivalents
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Common Stock, OP Units, and Equivalents

Note 7 — Common Stock, OP Units, and Equivalents

 

Liquidation Basis

 

Aimco Equity

As of March 31, 2026, Aimco has 141.2 million shares of Common Stock outstanding, 1.3 million unvested time-based restricted stock awards, and a maximum of 1.3 million shares of unvested market-based restricted stock awards, with 0.9 million shares of the market-based awards expected to vest based on stock price performance through March 31, 2026. Additionally, as of March 31, 2026, Aimco has 3.0 million exercisable stock options with a weighted-average exercise price of $3.38 per share, reflecting the equitable adjustments as a result of the special dividends paid during the prior year and the initial liquidating distribution.

Aimco Operating Partnership Partners' Capital

As of March 31, 2026, Aimco Operating Partnership has 146.1 million OP Units outstanding, including 141.2 million held by Aimco and 4.9 million held by third parties. In addition to the OP Units that may be issued to Aimco upon vesting of the restricted stock awards or exercise of stock options discussed above, Aimco Operating Partnership has 4.1 million LTIP II units

with a weighted-average conversion metric of $1.87 per unit, reflecting the equitable adjustments as a result of the special dividends paid during the prior year and the initial liquidating distribution.