Invitation Homes (NYSE: INVH) COO reports large new RSU grants

Rhea-AI Filing Summary

Invitation Homes Inc. executive Timothy J. Lobner, EVP and Chief Operating Officer, reported multiple equity compensation transactions in company common stock. He received a grant of 21,071 restricted stock units that will vest in three equal annual installments beginning March 1, 2027.

He also received a larger grant of 227,791 restricted stock units, scheduled to vest in two installments, with 65% vesting on March 1, 2029 and 35% on March 1, 2030. To cover tax withholding obligations from vesting of existing awards, Lobner disposed of 730, 808, and 1,511 shares at $26.34 per share through share withholding rather than open-market sales. Following these transactions, his directly held common stock position was reported as 390,420 shares.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Lobner Timothy J.

Role EVP, Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	21,071	$0.00	--
Tax Withholding	Common Stock	730	$26.34	$19K
Tax Withholding	Common Stock	808	$26.34	$21K
Tax Withholding	Common Stock	1,511	$26.34	$40K
Grant/Award	Common Stock	227,791	$0.00	--

Holdings After Transaction: Common Stock — 165,678 shares (Direct)

Footnotes (1)

1. Reflects a grant of restricted stock units that vests in three equal annual installments beginning March 1, 2027. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of the Reporting Person's restricted stock units. Reflects the closing trading price of the Issuer's common stock on February 27, 2026. Reflects a grant of restricted stock units that vests in two installments with 65% scheduled to vest on March 1, 2029 and 35% scheduled to vest on March 1, 2030.

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^*

Lobner Timothy J.

(Last) (First) (Middle)

C/O INVITATION HOMES

5420 LBJ FREEWAY, SUITE 600

(Street)

DALLAS TX 75240

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Invitation Homes Inc. [ INVH ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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
Common Stock	03/01/2026		A		21,071(1)	A	$0.00	165,678	D
Common Stock	03/01/2026		F		730(2)	D	$26.34(3)	164,948	D
Common Stock	03/01/2026		F		808(2)	D	$26.34(3)	164,140	D
Common Stock	03/01/2026		F		1,511(2)	D	$26.34(3)	162,629	D
Common Stock	03/01/2026		A		227,791(4)	A	$0.00	390,420	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. Reflects a grant of restricted stock units that vests in three equal annual installments beginning March 1, 2027.

2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of the Reporting Person's restricted stock units.

3. Reflects the closing trading price of the Issuer's common stock on February 27, 2026.

4. Reflects a grant of restricted stock units that vests in two installments with 65% scheduled to vest on March 1, 2029 and 35% scheduled to vest on March 1, 2030.

	Liuba Baban, As Attorney-In Fact	03/03/2026
	** 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 did Invitation Homes (INVH) executive Timothy J. Lobner report in this Form 4?

Timothy J. Lobner reported new equity awards and related tax-share withholdings. He received two grants of restricted stock units and had shares withheld to satisfy tax obligations tied to vesting of prior awards, all in Invitation Homes common stock.

How many restricted stock units did Timothy J. Lobner receive from Invitation Homes (INVH)?

He received 21,071 restricted stock units vesting in three equal annual installments starting March 1, 2027, and an additional 227,791 restricted stock units vesting 65% on March 1, 2029 and 35% on March 1, 2030, all in Invitation Homes common stock.

Were any of Timothy J. Lobner’s Invitation Homes (INVH) transactions open-market sales?

No, the reported dispositions were tax-withholding events. The filing states shares were withheld to satisfy tax obligations in connection with vesting of Lobner’s restricted stock units, using the issuer’s closing trading price of $26.34 per share.

At what price were Invitation Homes (INVH) shares used for Timothy J. Lobner’s tax withholding?

Shares used for tax withholding were valued at $26.34 per share. A footnote explains this reflects the closing trading price of Invitation Homes common stock on February 27, 2026, which was applied to the withheld shares.

What is Timothy J. Lobner’s reported Invitation Homes (INVH) share ownership after these transactions?

After the reported grants and tax-related share withholdings, Lobner’s directly held common stock position was reported as 390,420 shares. This total includes the impact of both the new restricted stock unit awards and the share withholdings for tax obligations.

When will Timothy J. Lobner’s new Invitation Homes (INVH) restricted stock units vest?

One grant of 21,071 restricted stock units vests in three equal annual installments beginning March 1, 2027. A second grant of 227,791 restricted stock units is scheduled to vest 65% on March 1, 2029 and 35% on March 1, 2030.