Transaction Details

Footnotes

Represents a grant of restricted shares of common stock, all of which will vest on the date of the 2026 Annual Meeting of Stockholders of Armada Hoffler Properties, Inc. (the "Company"). | Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock. | Represents common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P., the operating partnership of the Company and of which the Company is the general partner. Commencing one year from the date of issuance, each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. All Common Units in this report were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder. Common Units have no expiration date.