[Form 4] AMERICAN HOMES 4 RENT Insider Trading Activity

Rhea-AI Filing Summary

Willoughby Jay, a director of American Homes 4 Rent (AMH), reported a transaction dated 08/11/2025 showing a grant and changes in his holdings. The filing lists a transaction code P with a price of $34.25, and reports 28,055 shares beneficially owned following the transaction.

The form's explanation states the report includes a grant of 4,383 restricted share units awarded as non-management trustee compensation, which vest in full on the earlier of one year from the grant date or the date of the next annual meeting of shareholders.

Insights

Securities/Equity Analyst

TL;DR: Routine director compensation reported; grant and post-transaction holdings disclosed, no clear material market impact.

The Form 4 discloses a director compensation grant: 4,383 restricted share units for non-management trustee service with defined vesting (earlier of one year or next annual meeting). The report shows a transaction coded P and a price of $34.25, and reports 28,055 shares beneficially owned after the transaction. This filing is a standard equity-compensation disclosure and does not, on its face, present earnings or operational changes for investors.

Corporate Governance Expert

TL;DR: Compensation disclosure reflects governance practice of awarding RSUs to non-management trustees with customary vesting terms.

The disclosure explicitly identifies the award as non-management trustee compensation and specifies vesting terms (vest in full on the earlier of one year or the next annual meeting). The reporting person is identified as a director. These are governance-level disclosures about alignment of board members with shareholder interests; the filing does not disclose any change in control, director resignation, or unusual governance actions.

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

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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^*

Willoughby Jay

(Last) (First) (Middle)

C/O AMH

280 PILOT ROAD

(Street)

LAS VEGAS NV 89119

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

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

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

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

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	08/11/2025		P		1,459	A	$34.25	28,055(1)	D

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. Includes grant of 4,383 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.

Remarks:

	/s/ Justin Liu, attorney-in-fact	08/13/2025
	** 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.

FAQ

What did the AMH Form 4 filed by Willoughby Jay report?

The Form 4 reports a transaction dated 08/11/2025 that includes a grant of 4,383 restricted share units and shows 28,055 shares beneficially owned following the transaction.

How do the restricted share units awarded to the AMH director vest?

The restricted share units vest in full on the earlier of one year from the date of grant or the date of the next annual meeting of shareholders.

What transaction code and price are shown on the AMH Form 4?

The filing shows transaction code P and a price of $34.25.

Who is the reporting person on the AMH Form 4 and what is their relationship to the issuer?

The reporting person is Willoughby Jay, identified in the form as a Director of American Homes 4 Rent (AMH).

Does the Form 4 disclose any derivative transactions for AMH?

No. Table II for derivative securities is blank; the disclosure pertains to non-derivative common shares and restricted share units only.