Trust tied to Bluerock Homes Trust (BHM) president buys OP Units

Rhea-AI Filing Summary

Bluerock Homes Trust, Inc. reported indirect insider purchases of Operating Partnership units linked to its Class A common stock. A trust associated with President Ruddy Jordan B. bought 265,000 OP Units on April 3, 2023, 18,772 OP Units on June 16, 2023, and 96,618 OP Units on October 12, 2023, increasing its holdings to 507,057 OP Units.

The OP Units are in Bluerock Residential Holdings, LP, where Bluerock Homes Trust is general partner. After a one‑year holding period, each OP Unit may be redeemed for cash or, at the issuer’s option, for one share of Class A common stock.

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

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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^*

Ruddy Jordan B.

(Last) (First) (Middle)

919 THIRD AVENUE

40TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bluerock Homes Trust, Inc. [ BHM ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2023

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

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
OP Units	(1)	04/03/2023		P		265,000		(1)	(1)	Class A Common Stock	265,000	(1)	391,667	I	See Footnote(2)
OP Units	(1)	06/16/2023		P		18,772		(1)	(1)	Class A Common Stock	18,772	(1)	410,439	I	See Footnote(2)
OP Units	(1)	10/12/2023		P		96,618		(1)	(1)	Class A Common Stock	96,618	(1)	507,057	I	See Footnote(2)

Explanation of Responses:

1. Represents common units ("OP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which Bluerock Homes Trust, Inc. (the "Issuer") is the general partner. After a one year holding period (including any period during which the OP Units were held), OP Units may be redeemed for cash or, at the option of the Issuer, for shares of the Issuer's Class A Common Stock, on a one-for-one basis.

2. These OP Units are owned by a trust of which the Reporting Person is a beneficiary.

	/s/ Christopher J. Vohs, Attorney-In-Fact	02/13/2026
	** 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.

FAQ

What insider transactions does Bluerock Homes Trust (BHM) report in this Form 4?

The filing reports three indirect purchases of OP Units by a trust associated with President Ruddy Jordan B., totaling 265,000, 18,772 and 96,618 units. After these trades, the trust holds 507,057 OP Units linked to Bluerock Homes Trust’s Class A common stock.

Who is the reporting person in Bluerock Homes Trust (BHM) Form 4?

The reporting person is Ruddy Jordan B., an officer serving as President of Bluerock Homes Trust, Inc. The reported OP Units are owned indirectly through a trust in which he is a beneficiary, rather than being held directly in his own name.

What are OP Units in the Bluerock Homes Trust (BHM) Form 4 filing?

The OP Units are common units of Bluerock Residential Holdings, LP, the Operating Partnership of Bluerock Homes Trust. After a one‑year holding period, each OP Unit can be redeemed for cash or, at the issuer’s option, exchanged one‑for‑one into Class A common stock.

How many OP Units related to Bluerock Homes Trust (BHM) are held after these transactions?

Following the three reported purchases, the trust associated with President Ruddy Jordan B. holds 507,057 OP Units. These units are indirectly tied to Bluerock Homes Trust’s Class A common stock through the Operating Partnership structure and the one‑for‑one redemption feature.

Are the Bluerock Homes Trust (BHM) OP Unit holdings direct or indirect for the reporting person?

The OP Unit holdings are reported as indirect. They are owned by a trust of which the reporting person, President Ruddy Jordan B., is a beneficiary. The Form 4 classifies the ownership type as indirect with a reference to the explanatory footnote.

How can the OP Units in Bluerock Homes Trust (BHM) Form 4 convert into common stock?

After a one‑year holding period, each OP Unit may be redeemed for cash or, at Bluerock Homes Trust’s option, exchanged for one share of its Class A common stock. The issuer decides whether redemption is in cash or stock upon a redemption request.