American Homes 4 Rent (AMH) director receives 5,421 restricted share units as trustee pay

Rhea-AI Filing Summary

Willoughby Jay reported acquisition or exercise transactions in this Form 4 filing.

American Homes 4 Rent director Jay Willoughby received an equity grant of 5,421 Class A restricted share units as non-management trustee compensation. The award was made at no cash cost per unit and increases his direct holdings to 33,476 Class A common shares.

The 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, tying a portion of his compensation to ongoing board service and the company’s share performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Willoughby Jay

Role null

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

Holdings After Transaction: Class A Common Shares — 33,476 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted share units granted: 5,421 units Grant price per unit: $0.0000 per share Shares held after grant: 33,476 shares

3 metrics

Restricted share units granted 5,421 units Non-management trustee compensation grant on May 14, 2026

Grant price per unit $0.0000 per share Equity award issued at no cash cost

Shares held after grant 33,476 shares Total direct Class A common shares following transaction

Key Terms

restricted share units, non-management trustee compensation, vest, annual meeting of shareholders

4 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."

vest financial

"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."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual meeting of shareholders financial

"the date of the next annual meeting of shareholders."

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

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^*

Willoughby Jay

(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	33,476	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. 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.

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 insider transaction did American Homes 4 Rent (AMH) report for Jay Willoughby?

American Homes 4 Rent reported that director Jay Willoughby received 5,421 restricted share units of Class A common shares as non-management trustee compensation. The grant is an equity award, not an open-market purchase or sale, and was issued at no cash cost per unit.

How many American Homes 4 Rent (AMH) shares does Jay Willoughby hold after this grant?

After the equity grant, Jay Willoughby directly holds 33,476 Class A common shares of American Homes 4 Rent. This total includes the newly granted 5,421 restricted share units, which are subject to vesting conditions tied to his continued service on the board.

What are the vesting terms of Jay Willoughby’s AMH restricted share units?

The 5,421 restricted share units granted to Jay Willoughby vest in full on the earlier of one year from the grant date or the date of the next annual meeting of shareholders. Vesting conditions encourage continued board service over this period before the units fully convert.

Was cash paid for Jay Willoughby’s new AMH restricted share units?

No cash was paid for these units. The 5,421 restricted share units were granted as non-management trustee compensation at a reported price of $0.0000 per share, reflecting that they are part of his equity-based compensation package rather than an open-market purchase transaction.

Is Jay Willoughby’s AMH Form 4 transaction a buy or a sale of shares?

The Form 4 reflects an acquisition through a grant, not a buy or sale. Jay Willoughby received 5,421 restricted share units as a compensation award, classified as a grant or other acquisition, rather than an open-market purchase or disposition of existing American Homes 4 Rent shares.