American Campus Communities INC: management transactions · United States · SEC (Form 4)

About American Campus Communities INC

American Campus Communities Inc. (ACC) is a U.S.-based student housing real estate company listed on the NYSE/NASDAQ in the United States. Founded in 1993 and headquartered in Austin, Texas, ACC has built a leading position in the niche segment of high-quality student accommodation. The company describes itself as the nation’s largest developer, owner and manager of student housing communities, with a nationwide footprint of on-campus and off-campus properties serving students across the United States. ACC’s business model is built around several complementary revenue streams. First, it owns and operates student housing assets, which generate recurring rental income. Second, it develops new housing communities, often in partnership with universities through public-private partnership structures. These projects help campuses address housing shortages, upgrade facilities and improve the student experience. Third, ACC provides third-party property management services, covering day-to-day operations, leasing, maintenance, residence life support, budgeting and administration. This integrated platform is an important competitive advantage because it gives ACC control over execution, operating quality and asset performance. From a competitive standpoint, ACC benefits from a strong brand in a specialized part of the U.S. real estate market. Student housing is supported by stable underlying demand tied to university enrollment, the need for modern living environments and the replacement cycle of aging dormitory stock. ACC differentiates itself through scale, operational expertise and long-standing relationships with top universities. Its communities are typically designed to combine furnished living units, common areas, student services and amenities focused on wellness, academic success and community building. In practice, the company competes not only on location and rent levels, but also on service quality, sustainability credentials and the overall student living experience. Geographically, ACC has a broad national presence across many U.S. states and university markets. Its portfolio is diversified across different campus environments, which helps reduce dependence on any single institution or region. Recent highlights have centered on recognition for sustainability, workplace culture and innovative campus developments. In 2025 and 2026, ACC received several industry awards tied to its student housing projects and corporate culture, including recognition for sustainable development work at Georgetown University and Princeton University. Those achievements reinforce the company’s positioning as a premium operator in student housing rather than a pure landlord. For investors, ACC offers exposure to a specialized residential real estate niche in the United States, with a model supported by recurring cash flows, operational know-how and a development pipeline linked to long-term university demand. In the context of SEC Form 4 insider transactions, the stock is also one to monitor for changes in insider sentiment, although the company’s core investment case remains rooted in its scale, portfolio quality and university partnerships.