Invitation Homes (INVH) EVP Kimberly Norrell gains stock award, withholds shares for taxes

Rhea-AI Filing Summary

Invitation Homes Inc. executive Kimberly K. Norrell, EVP & CAO, reported equity compensation activity in the company’s common stock. She acquired 7,478 shares through vested restricted stock units that were earned after meeting performance criteria from a prior performance-based award. To cover related tax withholding obligations, 2,075 shares were disposed of by share withholding at a price of $25.66 per share, reflecting the closing trading price on February 23, 2026. After these transactions, she directly owned 160,575 shares of Invitation Homes common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Norrell Kimberly K

Role EVP & CAO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,478	$0.00	--
Tax Withholding	Common Stock	2,075	$25.66	$53K

Holdings After Transaction: Common Stock — 162,650 shares (Direct)

Footnotes (1)

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. 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 23, 2026.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/25/2026 - 04:39 PM Learn about SEC filing dates

FAQ

What insider transactions did INVH executive Kimberly Norrell report?

Kimberly K. Norrell reported an equity grant and a related tax withholding. She acquired 7,478 shares of Invitation Homes common stock from vested performance-based restricted stock units and had 2,075 shares withheld to satisfy tax obligations tied to that vesting event.

How many Invitation Homes (INVH) shares did Kimberly Norrell acquire?

She acquired 7,478 shares of common stock through vested restricted stock units. These units were earned after certain performance criteria were satisfied under a previously granted performance-based award, increasing her direct ownership stake in Invitation Homes following the vesting.

Why were 2,075 INVH shares disposed of in Kimberly Norrell’s Form 4?

The 2,075 shares were withheld to cover tax withholding obligations from the vesting of restricted stock units. This disposition is coded as a tax-withholding transaction, not an open-market sale, and is a common mechanism to satisfy tax liabilities on equity awards.

At what price were Kimberly Norrell’s withheld INVH shares valued?

The withheld 2,075 shares were valued at $25.66 per share. This amount reflects the closing trading price of Invitation Homes’ common stock on February 23, 2026, the date associated with the vesting and related tax-withholding disposition.

How many INVH shares does Kimberly Norrell own after these transactions?

Following the award vesting and related tax withholding, Kimberly Norrell directly owns 160,575 shares of Invitation Homes common stock. This total reflects both the newly vested shares and the shares withheld to satisfy the associated tax obligations.

What do the performance-based restricted stock units for INVH represent?

The performance-based restricted stock units represent equity awards that vest only when specified performance criteria are met. In this case, 7,478 units vested after those criteria were satisfied, converting into an equivalent number of Invitation Homes common shares for Kimberly Norrell.

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^*

Norrell Kimberly K

(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 & CAO

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		7,478(1)	A	$0.00	162,650	D
Common Stock	02/23/2026		F		2,075(2)	D	$25.66(3)	160,575	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.