AMH director gets 5,421 RSUs, buys Series G preferred
American Homes 4 Rent director Jack E. Corrigan reported both equity awards and open-market purchases.
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Form Type
4
Rhea-AI Filing Summary
American Homes 4 Rent director Jack E. Corrigan reported both equity awards and open-market purchases. He received a grant of 5,421 restricted share units as non-management trustee compensation, which vest in full on the earlier of one year from grant or the next annual shareholder meeting. Following this grant, he directly holds 82,732 Class A Common Shares.
Separately, entities associated with Corrigan made several open-market purchases of Series G Perpetual Preferred Shares, totaling 1,600 shares across multiple indirect accounts at prices of $23.25 and $23.00 per share, including purchases for children, grandchildren custodial accounts, and an IRA.
Insider Trade Summary
Net Buyer: 1,600 shares
Net Buy
19 txns
Insider
CORRIGAN JACK E
Role
Director
Bought
1,600 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Shares | 5,421 | $0.00 | $0.00 |
| Purchase | Series G Perpetual Preferred Shares | 94 | $23.25 | $2K |
| Purchase | Series G Perpetual Preferred Shares | 400 | $23.25 | $9K |
| Purchase | Series G Perpetual Preferred Shares | 1,000 | $23.25 | $23K |
| Purchase | Series G Perpetual Preferred Shares | 100 | $23.25 | $2K |
| Purchase | Series G Perpetual Preferred Shares | 6 | $23.00 | $138.00 |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Series G Perpetual Preferred Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Series G Perpetual Preferred Shares — 100 shares (Indirect, FBO Grandchild 7 Custodian Account);
Series G Perpetual Preferred Shares — 20,000 shares (Indirect, IRA);
Series G Perpetual Preferred Shares — 12,000 shares (Indirect, By Child 1);
Series G Perpetual Preferred Shares — 100 shares (Indirect, FBO Grandchild 8 Custodial Account);
Class A Common Shares — 82,732 shares (Direct);
Series G Perpetual Preferred Shares — 1,000 shares (Direct);
Series G Perpetual Preferred Shares — 1,300 shares (Indirect, By Spouse IRA);
Series G Perpetual Preferred Shares — 15,000 shares (Indirect, By Child 2);
Series G Perpetual Preferred Shares — 300 shares (Indirect, FBO Grandchild 1 Custodial Account);
Series G Perpetual Preferred Shares — 300 shares (Indirect, FBO Grandchild 2 Custodial Account);
Series G Perpetual Preferred Shares — 500 shares (Indirect, FBO Grandchild 3 Custodial Account);
Series G Perpetual Preferred Shares — 400 shares (Indirect, FBO Grandchild 4 Custodial Account);
Series G Perpetual Preferred Shares — 500 shares (Indirect, FBO Grandchild 5 Custodial Account);
Series G Perpetual Preferred Shares — 100 shares (Indirect, FBO Grandchild 6 Custodial Account);
Class A Common Shares — 100 shares (Indirect, By Spouse);
Class A Common Shares — 100,000 shares (Indirect, See Footnote);
Class A Common Shares — 1,081 shares (Indirect, By Child 1);
Class A Common Shares — 1,081 shares (Indirect, By Child 2)
Footnotes (2)
- F1. 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.
- F2. By LLC formed for the benefit of the reporting person and his family and of which the reporting person is manager.
Key Figures
Restricted share units granted: 5,421 units
Direct Class A holdings after grant: 82,732 shares
Net Series G preferred purchases: 1,600 shares
+4 more
7 metrics
Restricted share units granted
5,421 units
Non-management trustee compensation grant
Direct Class A holdings after grant
82,732 shares
Class A Common Shares directly owned following RSU grant
Net Series G preferred purchases
1,600 shares
Total buyShares in transaction summary
Large child account purchase
1,000 shares at $23.25
Series G Perpetual Preferred Shares for “By Child 1”
IRA preferred purchase
400 shares at $23.25
Series G Perpetual Preferred Shares in IRA
Grandchild account purchase
100 shares at $23.25
Series G preferred for FBO Grandchild 8 custodial account
Small grandchild trade
6 shares at $23.00
Series G preferred for FBO Grandchild 7 custodial account
Key Terms
restricted share units, Series G Perpetual Preferred Shares, IRA, custodial account, +1 more
5 terms
IRA financial
"nature_of_ownership: IRA for Series G Perpetual Preferred Shares."
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.
custodial account financial
"FBO Grandchild 8 Custodial Account and similar grandchild custodial accounts."
A custodial account is an investment or bank account opened and managed by an adult (the custodian) for the benefit of someone who cannot legally control assets, typically a minor. Think of it as a wallet held by a trusted guardian until the beneficiary reaches a legal age: it lets you save and invest on someone’s behalf, affects who makes decisions and who pays taxes, and determines when control of the assets transfers to the beneficiary—details investors watch for tax consequences, ownership rules, and timing of control.
open-market purchase financial
"transaction_action: open-market purchase for Series G Perpetual Preferred Shares."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AMH director Jack E. Corrigan report in this Form 4?
He reported a grant of 5,421 restricted share units as non-management trustee compensation and several open-market purchases of Series G Perpetual Preferred Shares through family- and IRA-related accounts, reflecting added exposure to American Homes 4 Rent securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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