Invitation Homes (NYSE: INVH) COO gets stock grant, withholds shares for taxes

Rhea-AI Filing Summary

Invitation Homes Inc. reported that EVP and Chief Operating Officer Timothy J. Lobner had performance-based restricted stock units vest on February 23, 2026, resulting in an acquisition of 5,336 shares of common stock at $0.00 per share.

To cover tax withholding obligations tied to this vesting, 2,265 shares were disposed of at the closing trading price of $25.66 per share on that date. After these transactions, Lobner directly owned 144,607 shares of Invitation Homes 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

OMB Number:			3235-0287
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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^*

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)
02/23/2026

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	02/23/2026		A		5,336(1)	A	$0.00	146,872	D
Common Stock	02/23/2026		F		2,265(2)	D	$25.66(3)	144,607	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 vested restricted stock units earned upon satisfaction of certain performance criteria in connection with a performance-based award previously granted by the Issuer.

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 23, 2026.

	Liuba Baban, As Attorney-In Fact	02/25/2026
	** 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 did INVH executive Timothy J. Lobner report?

Timothy J. Lobner reported vesting of 5,336 performance-based restricted stock units and a related tax-withholding disposition of 2,265 shares. Both transactions involved Invitation Homes common stock and occurred on February 23, 2026, reflecting routine equity compensation activity for the company’s EVP and Chief Operating Officer.

How many Invitation Homes (INVH) shares did the COO acquire and dispose?

Timothy J. Lobner acquired 5,336 shares of Invitation Homes common stock through vested performance-based restricted stock units. He then disposed of 2,265 shares to satisfy tax withholding obligations tied to that vesting, resulting in a net increase in directly held shares as part of his equity compensation.

What was the share price used for the INVH tax-withholding disposition?

The tax-withholding disposition used a share price of $25.66, which reflects the closing trading price of Invitation Homes common stock on February 23, 2026. This price was applied to the 2,265 shares withheld to cover the reporting person’s tax obligations upon vesting of restricted stock units.

How many Invitation Homes (INVH) shares does the COO hold after these transactions?

Following the vesting and related tax-withholding disposition, Timothy J. Lobner directly holds 144,607 shares of Invitation Homes common stock. This figure reflects his updated direct ownership after the 5,336-share performance-based award vested and 2,265 shares were withheld for associated tax obligations on February 23, 2026.

What triggered the restricted stock unit vesting for INVH’s COO?

The vesting of 5,336 restricted stock units for Timothy J. Lobner was triggered by satisfaction of specified performance criteria under a previously granted performance-based award. Once those criteria were met, the units converted into Invitation Homes common shares, forming part of his equity-based executive compensation.