American Homes 4 Rent (NYSE: AMH) director receives 5,421 RSUs grant

Rhea-AI Filing Summary

GUSTAVSON TAMARA HUGHES reported acquisition or exercise transactions in this Form 4 filing.

American Homes 4 Rent director Tamara Hughes Gustavson reported a compensation-related equity award. She received 5,421 restricted share units of Class A common shares as non-management trustee compensation at a price of $0.00 per share. These restricted share units vest in full on the earlier of one year from the grant date or the next annual meeting of shareholders. Following the grant, she directly holds 9,385,345 Class A common shares, and additional Class A shares are held indirectly through an IRA, an LLC formed for the benefit of her and her family, a revocable trust, and her spouse.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider GUSTAVSON TAMARA HUGHES

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Shares	5,421	$0.00	--
holding	Class A Common Shares	--	--	--
holding	Class A Common Shares	--	--	--
holding	Class A Common Shares	--	--	--
holding	Class A Common Shares	--	--	--

Holdings After Transaction: Class A Common Shares — 9,385,345 shares (Direct, null); Class A Common Shares — 100 shares (Indirect, By Spouse)

Footnotes (1)

1. Grant of 5,421 restricted share units as non-management trustee compensation. These restricted share units vest in full on the earlier of (i) one year from the date of grant or (ii) the date of the next annual meeting of shareholders. By LLC formed for the benefit of the reporting person and her family and of which the reporting person is manager.

Key Figures

RSU grant size: 5,421 restricted share units Grant price: $0.00 per share Direct holdings after grant: 9,385,345 shares +4 more

7 metrics

RSU grant size 5,421 restricted share units Non-management trustee compensation grant

Grant price $0.00 per share Stated price for RSU award

Direct holdings after grant 9,385,345 shares Class A common shares held directly after transaction

IRA indirect holdings 158,780 shares Class A common shares held indirectly via IRA

THG AT, LLC holdings 274,334 shares Class A common shares held by THG AT, LLC

Revocable Trust holdings 11,621,725 shares Class A shares held by Tamara H. Gustavson Revocable Trust

Spouse holdings 100 shares Class A common shares held by spouse

Key Terms

restricted share units, non-management trustee compensation, revocable trust, IRA, +1 more

5 terms

restricted share units financial

"Grant of 5,421 restricted share units as non-management trustee compensation."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

non-management trustee compensation financial

"Grant of 5,421 restricted share units as non-management trustee compensation."

revocable trust financial

"By Tamara H. Gustavson Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

IRA financial

"nature_of_ownership": "IRA""

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

indirect ownership financial

"ownership_type": "indirect""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GUSTAVSON TAMARA HUGHES

(Last) (First) (Middle)

C/O AMH

280 PILOT ROAD

(Street)

LAS VEGAS NEVADA 89119

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
American Homes 4 Rent [ AMH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	05/14/2026		A		5,421(1)	A	$0	9,385,345	D
Class A Common Shares								100	I	By Spouse
Class A Common Shares								11,621,725	I	By Tamara H. Gustavson Revocable Trust
Class A Common Shares								274,334	I	By THG AT, LLC.(2)
Class A Common Shares								158,780	I	IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant of 5,421 restricted share units as non-management trustee compensation. These restricted share units vest in full on the earlier of (i) one year from the date of grant or (ii) the date of the next annual meeting of shareholders.

2. By LLC formed for the benefit of the reporting person and her family and of which the reporting person is manager.

Remarks:

	/s/ Justin Liu, attorney-in-fact	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did AMH director Tamara Hughes Gustavson report in this Form 4?

She reported receiving 5,421 restricted share units of American Homes 4 Rent Class A common shares as non-management trustee compensation, at no cash cost per share, increasing her directly held Class A common shares to 9,385,345 after the award.

How do the 5,421 AMH restricted share units vest for Tamara Hughes Gustavson?

The 5,421 restricted share units vest in full on the earlier of one year from the grant date or the date of the next annual meeting of shareholders, aligning the director’s compensation with ongoing board service and the company’s governance calendar.

How many AMH Class A shares does Tamara Hughes Gustavson hold directly after this filing?

After the grant, she directly holds 9,385,345 Class A common shares of American Homes 4 Rent. This direct position is separate from several indirect holdings reported through an IRA, an LLC for family benefit, a revocable trust, and her spouse.

What indirect American Homes 4 Rent holdings are reported for Tamara Hughes Gustavson?

Indirect Class A common share holdings are reported through an IRA with 158,780 shares, THG AT, LLC with 274,334 shares, the Tamara H. Gustavson Revocable Trust with 11,621,725 shares, and 100 shares held by her spouse, reflecting multiple ownership vehicles.

Is the AMH Form 4 grant a market purchase or sale of shares?

No, the Form 4 shows a grant of 5,421 restricted share units as non-management trustee compensation at a stated price of $0.00 per share. It is a compensation award, not an open-market purchase or sale transaction in American Homes 4 Rent stock.

What does THG AT, LLC represent in Tamara Hughes Gustavson’s AMH holdings?

THG AT, LLC is described as an LLC formed for the benefit of the reporting person and her family, with the reporting person as manager. It holds 274,334 American Homes 4 Rent Class A common shares as an indirect ownership position associated with her.