8-KOther Events

AVALONBAY COMMUNITIES INC 8-K Report (Aug 14, 2002)

Filed August 14, 2002For Securities:AVB

Summary

This 8-K filing from AvalonBay Communities, Inc. (AVB) on August 14, 2002, primarily serves to disclose that the company's Chief Executive Officer and Chief Financial Officer have certified their compliance with Section 906 of the Sarbanes-Oxley Act of 2002. These certifications relate to the company's Form 10-Q for the quarter ended June 30, 2002, confirming that the report complies with Exchange Act requirements and fairly presents the company's financial condition and results of operations. While this filing does not contain new operational or financial data, it reflects the company's adherence to new regulatory requirements following the Sarbanes-Oxley Act. Investors should view this as a procedural disclosure demonstrating corporate governance and compliance, rather than a report of new business developments or financial performance metrics.

Key Highlights

  • 1Disclosure of CEO and CFO certifications under Section 906 of the Sarbanes-Oxley Act of 2002.
  • 2Certifications pertain to the Form 10-Q for the quarter ended June 30, 2002.
  • 3The certifications confirm compliance with Section 13(a) or 15(d) of the Securities Exchange Act of 1934.
  • 4The certifications affirm that the Form 10-Q fairly presents the company's financial condition and results of operations.
  • 5This filing is a procedural disclosure related to regulatory compliance.
  • 6No new financial or operational data is presented in this specific 8-K filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally disclose that AvalonBay Communities, Inc.'s CEO and CFO have provided certifications required by Section 906 of the Sarbanes-Oxley Act of 2002. These certifications attest to the accuracy and compliance of the company's recently filed Form 10-Q for the quarter ended June 30, 2002.

No, this 8-K filing does not contain any new financial or operational results. It is a procedural disclosure related to the company's adherence to new regulatory requirements under the Sarbanes-Oxley Act of 2002, specifically regarding the certifications of its quarterly report (10-Q).

The Sarbanes-Oxley Act of 2002 introduced stricter corporate governance and financial reporting requirements. The Section 906 certifications require CEOs and CFOs to personally attest that their company's periodic financial reports comply with SEC regulations and accurately reflect the company's financial condition and results of operations. This filing indicates AvalonBay is complying with these new requirements.

The financial information for the quarter ended June 30, 2002, would be found in AvalonBay's Form 10-Q that was filed separately and is referenced in this 8-K filing. Investors would need to consult that specific 10-Q document for detailed financial performance and operational data.