AHRT

SEC source: 0001569187-24-000033 · wk-form4_1710878477.xml · nonDerivative · entry 1

Carroll James A · CIK 0001575997 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,470

F1 · shares: These shares were issued to the director in lieu of a portion of his cash retainer.

SEC source: 0001569187-24-000035 · wk-form4_1710878518.xml · nonDerivative · entry 1

Gartman Dennis H. · CIK 0001938733 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,005

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.3650 to $10.3699, inclusive. The Reporting Person undertakes to provide to Armada Hoffler Properties, Inc., any security holder of Armada Hoffler Properties, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.

SEC source: 0001569187-24-000029 · wk-form4_1710451041.xml · nonDerivative · entry 1

Allen George F · CIK 0001576080 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,724

SEC source: 0001569187-24-000025 · wk-form4_1710364600.xml · derivative · entry 2

Tibbetts Shawn J · CIK 0001805948 · President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,851

Underlying: Common Stock · 68,851 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F2 · shares: Represents a grant of unvested LTIP Units, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

SEC source: 0001569187-24-000023 · wk-form4_1710364575.xml · nonDerivative · entry 2

Hampton Shelly R. · CIK 0001575964 · President of Asset Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 105,882

F2 · shares: Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

SEC source: 0001569187-24-000023 · wk-form4_1710364575.xml · nonDerivative · entry 1

Hampton Shelly R. · CIK 0001575964 · President of Asset Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 110,094

F1 · shares: Represents a grant of restricted shares of common stock, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.

SEC source: 0001569187-24-000024 · wk-form4_1710364586.xml · derivative · entry 2

Apperson Eric E. · CIK 0001575963 · President of Construction

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,865

Underlying: Common Stock · 30,865 shares

Expires not disclosed

F2 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in the Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F3 · derivative.exercise_price: 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. Common Units have no expiration date.

F4 · shares: Represents a grant of unvested LTIP Units, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.

F2 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in the Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F3 · derivative.exercise_date: 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. Common Units have no expiration date.

F2 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in the Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F3 · derivative.expiration_date: 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. Common Units have no expiration date.

SEC source: 0001569187-24-000022 · wk-form4_1710364556.xml · nonDerivative · entry 2

Haddad Louis S · CIK 0001575987 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 509,322

F2 · shares: Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

SEC source: 0001569187-24-000022 · wk-form4_1710364556.xml · nonDerivative · entry 1

Haddad Louis S · CIK 0001575987 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 526,343

F1 · shares: Represents a grant of restricted shares of common stock, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.

SEC source: 0001569187-24-000026 · wk-form4_1710364612.xml · derivative · entry 2

Barnes-Smith Matthew · CIK 0001919162 · CFO, Treasurer and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,116

Underlying: Common Stock · 26,116 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F2 · shares: Represents a grant of unvested LTIP Units, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

SEC source: 0001569187-24-000044 · wk-form4_1711402281.xml · nonDerivative · entry 1

Tibbetts Shawn J · CIK 0001805948 · President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,730

F1 · shares: Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

SEC source: 0001569187-24-000047 · wk-form4_1711402317.xml · nonDerivative · entry 1

Hampton Shelly R. · CIK 0001575964 · President of Asset Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,613

F1 · shares: Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

SEC source: 0001569187-24-000039 · wk-form4_1711402122.xml · nonDerivative · entry 1

Haddad Louis S · CIK 0001575987 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 497,305

F1 · shares: Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

SEC source: 0001569187-24-000045 · wk-form4_1711402293.xml · nonDerivative · entry 1

Apperson Eric E. · CIK 0001575963 · President of Construction

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 93,866.814

F1 · shares: Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

SEC source: 0001569187-24-000046 · wk-form4_1711402305.xml · nonDerivative · entry 1

Barnes-Smith Matthew · CIK 0001919162 · CFO, Treasurer and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,103

F1 · shares: Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

SEC source: 0001569187-24-000024 · wk-form4_1710364586.xml · nonDerivative · entry 1

Apperson Eric E. · CIK 0001575963 · President of Construction

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 97,649.814

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

SEC source: 0001569187-24-000027 · wk-form4_1710364623.xml · nonDerivative · entry 1

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse

Disclosed balance after: 45,679.912

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

F2 · ownership.nature: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001569187-24-000002 · wk-form5_1707514775.xml · derivative · entry 5

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse

Disclosed balance after: 39,347

Underlying: Common Stock · 3,000 shares

Expires not disclosed

F2 · derivative.exercise_price: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.exercise_price: 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.

F4 · shares: This transaction involved a gift of securities by Mr. Kirk to his spouse.

F2 · derivative.exercise_date: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.expiration_date: 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.

F1 · ownership.nature: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001569187-24-000002 · wk-form5_1707514775.xml · derivative · entry 4

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,142,394

Underlying: Common Stock · 3,000 shares

Expires not disclosed

F2 · derivative.exercise_price: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.exercise_price: 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.

F4 · shares: This transaction involved a gift of securities by Mr. Kirk to his spouse.

F2 · derivative.exercise_date: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.expiration_date: 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.

SEC source: 0001569187-24-000002 · wk-form5_1707514775.xml · derivative · entry 3

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,145,394

Underlying: Common Stock · 7,750 shares

Expires not disclosed

F2 · derivative.exercise_price: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.

F3 · derivative.expiration_date: 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.

SEC source: 0001569187-23-000117 · wk-form4_1703022207.xml · nonDerivative · entry 1

Snow John W. · CIK 0001017080 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 210,296

F1 · shares: These shares were issued to the director in lieu of his cash retainer.

SEC source: 0001569187-23-000119 · wk-form4_1703022481.xml · nonDerivative · entry 1

Carroll James A · CIK 0001575997 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,070

F1 · shares: These shares were issued to the director in lieu of a portion of his cash retainer.

SEC source: 0001569187-23-000108 · wk-form4_1696973346.xml · nonDerivative · entry 1

Apperson Eric E. · CIK 0001575963 · President of Construction

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 96,446.964

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

SEC source: 0001569187-23-000109 · wk-form4_1696973360.xml · nonDerivative · entry 1

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse

Disclosed balance after: 44,964.66

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

F2 · ownership.nature: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001569187-24-000004 · wk-form5_1707514838.xml · nonDerivative · entry 3

Haddad Louis S · CIK 0001575987 · Director · President, CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 425,868

SEC source: 0001569187-23-000104 · wk-form4_1695154149.xml · nonDerivative · entry 1

Snow John W. · CIK 0001017080 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 209,188

F1 · shares: These shares were issued to the director in lieu of his cash retainer.

SEC source: 0001569187-23-000105 · wk-form4_1695154184.xml · nonDerivative · entry 1

Carroll James A · CIK 0001575997 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 34,730

F1 · shares: These shares were issued to the director in lieu of a portion of his cash retainer.

SEC source: 0001569187-24-000004 · wk-form5_1707514838.xml · nonDerivative · entry 2

Haddad Louis S · CIK 0001575987 · Director · President, CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 434,868

SEC source: 0001569187-23-000093 · wk-form4_1689899280.xml · nonDerivative · entry 1

Gartman Dennis H. · CIK 0001938733 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,505

F1 · shares: Represents a grant of shares of common stock made in place of a grant of restricted shares of common stock that would have vested at the 2023 Annual Meeting of Stockholders of Armada Hoffler Properties, Inc. (the "Company"), which was inadvertently not made at the time of the reporting person's appointment to the Company's board of directors.

SEC source: 0001569187-23-000089 · wk-form4_1689024645.xml · nonDerivative · entry 1

Apperson Eric E. · CIK 0001575963 · President of Construction

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 95,038.844

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

SEC source: 0001569187-23-000091 · wk-form4_1689024709.xml · nonDerivative · entry 1

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse

Disclosed balance after: 44,113.851

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

F2 · ownership.nature: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001569187-23-000079 · wk-form4_1688173081.xml · derivative · entry 3

Snow John W. · CIK 0001017080 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,645

Underlying: Common Stock · 4,645 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F2 · shares: Represents a grant of unvested LTIP Units, all of which will vest on the date of the Company's 2024 Annual Meeting of Stockholders.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

SEC source: 0001569187-23-000081 · wk-form4_1688173278.xml · derivative · entry 3

HARDY EVA S · CIK 0001084788 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,645

Underlying: Common Stock · 4,645 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F2 · shares: Represents a grant of unvested LTIP Units, all of which will vest on the date of the Company's 2024 Annual Meeting of Stockholders.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

SEC source: 0001569187-23-000084 · wk-form4_1688173559.xml · derivative · entry 2

Carroll James A · CIK 0001575997 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,645

Underlying: Common Stock · 4,645 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F2 · shares: Represents a grant of unvested LTIP Units, all of which will vest on the date of the Company's 2024 Annual Meeting of Stockholders.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

SEC source: 0001569187-23-000080 · wk-form4_1688173192.xml · derivative · entry 3

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,645

Underlying: Common Stock · 4,645 shares

Expires not disclosed

F2 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F3 · derivative.exercise_price: 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. Common Units have no expiration date.

F4 · shares: Represents a grant of unvested LTIP Units, all of which will vest on the date of the Company's 2024 Annual Meeting of Stockholders.

F2 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F3 · derivative.exercise_date: 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. Common Units have no expiration date.

F2 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F3 · derivative.expiration_date: 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. Common Units have no expiration date.

SEC source: 0001569187-23-000087 · wk-form4_1688174569.xml · derivative · entry 3

Hoffler Daniel A · CIK 0001351710 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,824

Underlying: Common Stock · 11,824 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F2 · derivative.exercise_price: 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. Common Units have no expiration date.

F3 · shares: Represents a grant of unvested LTIP Units, all of which will vest on the date of the Company's 2024 Annual Meeting of Stockholders.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F2 · derivative.exercise_date: 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. Common Units have no expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.

F2 · derivative.expiration_date: 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. Common Units have no expiration date.

SEC source: 0001569187-23-000082 · wk-form4_1688173373.xml · derivative · entry 3

Cherry James C. · CIK 0001514107 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,645

Underlying: Common Stock · 4,645 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F2 · shares: Represents a grant of unvested LTIP Units, all of which will vest on the date of the Company's 2024 Annual Meeting of Stockholders.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

SEC source: 0001569187-23-000078 · wk-form4_1688173006.xml · nonDerivative · entry 1

Gartman Dennis H. · CIK 0001938733 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,645

F1 · shares: Represents a grant of restricted shares of common stock, all of which will vest on the date of the 2024 Annual Meeting of Stockholders of Armada Hoffler Properties, Inc.

SEC source: 0001569187-23-000085 · wk-form4_1688173630.xml · derivative · entry 3

Allen George F · CIK 0001576080 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,645

Underlying: Common Stock · 4,645 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F2 · shares: Represents a grant of unvested LTIP Units, all of which will vest on the date of the Company's 2024 Annual Meeting of Stockholders.

F1 · derivative.exercise_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

F1 · derivative.expiration_date: Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.

SEC source: 0001569187-23-000069 · wk-form4_1687466462.xml · nonDerivative · entry 1

Haddad Louis S · CIK 0001575987 · Director · President, CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 445,584

F1 · kind: As a result of Armada Hoffler Properties, Inc. (the "Company") inadvertently issuing more shares of common stock than were available for issuance under the Armada Hoffler Properties, Inc. Amended and Restated 2013 Equity Incentive Plan (the "Plan"), on May 9, 2023, Mr. Haddad forfeited 75,321 restricted shares of common stock. As previously disclosed in Supplement No. 1 to the Company's Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on May 12, 2023, the Compensation Committee of the Board of Directors of the Company approved the issuance of 75,321 restricted shares of common stock to Mr. Haddad (the "Replacement Grant"), subject to the stockholders' approval of Amendment No. 1 to the Plan. The Company's stockholders approved Amendment No. 1 to the Plan on June 14, 2023. This transaction reflects the Replacement Grant.

F2 · shares: Represents a grant of restricted shares of common stock, one-third of which will vest on March 3, 2024, one-third of which will vest on March 3, 2025, and one-third of which will vest on March 3, 2026, subject to the executive's continued employment on such dates.

SEC source: 0001569187-23-000070 · wk-form4_1687466528.xml · nonDerivative · entry 1

Barnes-Smith Matthew · CIK 0001919162 · CFO, Treasurer and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,589

F1 · kind: As a result of Armada Hoffler Properties, Inc. (the "Company") inadvertently issuing more shares of common stock than were available for issuance under the Armada Hoffler Properties, Inc. Amended and Restated 2013 Equity Incentive Plan (the "Plan"), on May 9, 2023, Mr. Barnes-Smith forfeited 8,975 restricted shares of common stock. As previously disclosed in Supplement No. 1 to the Company's Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on May 12, 2023, the Compensation Committee of the Board of Directors of the Company approved the issuance of 8,975 restricted shares of common stock to Mr. Barnes-Smith (the "Replacement Grant"), subject to the stockholders' approval of Amendment No. 1 to the Plan. The Company's stockholders approved Amendment No. 1 to the Plan on June 14, 2023. This transaction reflects the Replacement Grant.

F2 · shares: Represents a grant of restricted shares of common stock, one-third of which will vest on March 3, 2024, one-third of which will vest on March 3, 2025, and one-third of which will vest on March 3, 2026, subject to the executive's continued employment on such dates.

SEC source: 0001569187-23-000066 · wk-form4_1687294891.xml · nonDerivative · entry 1

Snow John W. · CIK 0001017080 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 207,973

F1 · shares: These shares were issued to the director in lieu of his cash retainer.

SEC source: 0001569187-23-000065 · wk-form4_1687294833.xml · nonDerivative · entry 1

Carroll James A · CIK 0001575997 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 34,357

F1 · shares: These shares were issued to the director in lieu of a portion of his cash retainer.

SEC source: 0001569187-23-000050 · wf-form4_168384056881648.xml · nonDerivative · entry 1

Haddad Louis S · CIK 0001575987 · Director · President, CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 370,263

F1 · kind: As a result of Armada Hoffler Properties, Inc. (the "Company") inadvertently issuing more shares of common stock than were available for issuance under the Armada Hoffler Properties,Inc. Amended and Restated 2013 Equity Incentive Plan, Mr. Haddad forfeited 75,321 restricted shares of common stock.

SEC source: 0001569187-23-000049 · wf-form4_168384054756060.xml · nonDerivative · entry 1

Barnes-Smith Matthew · CIK 0001919162 · CFO, Treasurer and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,614

F1 · kind: As a result of Armada Hoffler Properties, Inc. inadvertently issuing more shares of common stock than were available for issuance under the Armada Hoffler Properties, Inc.Amended and Restated 2013 Equity Incentive Plan, Mr. Barnes-Smith forfeited 8,975 restricted shares of common stock.

SEC source: 0001569187-23-000027 · wf-form4_168177316810674.xml · nonDerivative · entry 1

Apperson Eric E. · CIK 0001575963 · President of Construction

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 93,837.864

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

SEC source: 0001569187-23-000028 · wf-form4_168177318359950.xml · nonDerivative · entry 1

KIRK A RUSSELL · CIK 0001196084 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse

Disclosed balance after: 43,403.667

F1 · shares: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

F2 · ownership.nature: Mr. Kirk disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001569187-24-000004 · wk-form5_1707514838.xml · nonDerivative · entry 1

Haddad Louis S · CIK 0001575987 · Director · President, CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 435,704

SEC source: 0001569187-23-000024 · wf-form4_167900101176051.xml · nonDerivative · entry 1

Snow John W. · CIK 0001017080 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 206,918

F1 · shares: These shares were issued to the director in lieu of his cash retainer.

SEC source: 0001569187-23-000023 · wf-form4_167900099624418.xml · nonDerivative · entry 1

Carroll James A · CIK 0001575997 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,053

F1 · shares: These shares were issued to the director in lieu of a portion of his cash retainer.