BHM President Granted 6,358 LTIP Units
Bluerock Homes Trust, Inc. President Ruddy Jordan B. received a grant of 6,358 LTIP Units as long-term incentive compensation.
Rhea-AI Filing Summary
Bluerock Homes Trust, Inc. President Ruddy Jordan B. received a grant of 6,358 LTIP Units as long-term incentive compensation. The award was recorded at a price of $0.00 per unit and increased his directly held LTIP Units to 206,652.
According to the disclosure, the LTIP Units were issued in partial satisfaction of the base management fee owed to Bluerock Homes Manager, LLC and as reimbursement for a portion of the reporting person’s salary for services as President of the Manager. The LTIP Units were fully vested upon issuance and may convert into OP Units, which can later be redeemed for cash or, after a one-year holding period and at the issuer’s option, settled in Class A common stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units | 6,358 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents long-term incentive plan units ("LTIP Units") issued in partial satisfaction of the Issuer's Base Management Fee obligation to Bluerock Homes Manager, LLC (the "Manager") for the fourth quarter of 2025 and in satisfaction of the Manager's reimbursement obligation to its affiliate, Bluerock Real Estate Holdings, LLC ("BREH"), for a portion of the salary payable by BREH to the Reporting Person for the quarter ending December 31, 2025 for services provided to the Manager in the Reporting Person's capacity as President thereof. These LTIP Units were fully vested upon issuance, and may convert to OP Units upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Bluerock Homes Trust (BHM) report in this Form 4 for Ruddy Jordan B.?
How many LTIP Units did BHM’s President acquire in this transaction?
What is the total number of LTIP Units held by BHM President Ruddy Jordan B. after the grant?
Why were the 6,358 LTIP Units granted to the BHM President?
Are the LTIP Units granted to BHM’s President immediately vested?
Can the LTIP Units granted to the BHM President convert into common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.