M/I HOMES INC SEC Filings

Donald Smith & Co., Inc. reported a passive ownership position in M/I Homes, Inc. (MHO) on Schedule 13G. The filing lists 1,381,250 shares beneficially owned, representing 5.23% of the common stock as of the event date 09/30/2025.

Donald Smith & Co., Inc. has sole voting power over 1,337,684 shares and sole dispositive power over 1,368,584 shares, with no shared voting or dispositive power disclosed. DSCO Value Fund, L.P. is also a reporting person, with 12,666 shares under sole voting and dispositive power.

The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The statement is signed by Richard L. Greenberg, CEO and Co-CIO, on 11/12/2025.

M/I Homes (MHO) filed its Q3 2025 10‑Q, reporting steady revenue and lower earnings. Revenue was $1,131.8 million versus $1,142.9 million a year ago. Net income was $106.5 million compared with $145.4 million, and diluted EPS was $3.92 versus $5.10. Results include $7.6 million of inventory impairment charges and land deposit write‑offs recorded during the quarter.

Homebuilding revenue totaled $1,095.4 million, with Northern and Southern segments generating $487.9 million and $609.2 million, respectively. Financial services revenue was $34.6 million. Cash, cash equivalents and restricted cash were $734.2 million. Shareholders’ equity rose to $3,149.4 million.

The company amended its $900 million unsecured credit facility on September 18, 2025, extending maturity to 2030 and reducing the SOFR margin to 150 bps. At quarter‑end, there were no borrowings outstanding and $91.0 million of letters of credit, leaving $809.0 million available. Senior notes outstanding remain $400.0 million due 2028 and $300.0 million due 2030. The company repurchased 0.4 million shares for $50.2 million in Q3; 26,148,509 shares were outstanding as of October 22, 2025.

M/I Homes (MHO) furnished an 8-K to announce it issued a press release reporting financial results for the three- and nine-month periods ended September 30, 2025. The press release, which includes forward-looking statement information, is attached as Exhibit 99.1.

The filing is presented under Item 2.02 (Results of Operations and Financial Condition) and lists the exhibits under Item 9.01.

M/I Homes, Inc. amended its unsecured revolving credit facility to increase lender commitments to $900.0 million (from $650.0 million) and extended the facility maturity to September 18, 2030. The amendment adds an accordion option to raise maximum availability to $1.05 billion subject to additional lender commitments. Interest remains based on selectable SOFR terms plus a margin; the SOFR margin was reduced to 150 basis points from 175 basis points based on the company’s leverage ratio at June 30, 2025, and is subject to future quarterly adjustment tied to leverage. The quarterly commitment fee on unused commitments was lowered by 5 basis points to 25 basis points, also subject to future leverage-based adjustments. Advance rates for certain inventory categories were increased. As of June 30, 2025, there were no borrowings outstanding and $88.5 million of letters of credit under the facility.

Robert H. Schottenstein, Chairman, CEO & President of M/I Homes, Inc. (MHO), reported multiple stock option grants and open-market stock sales on August 20-21, 2025. The Form 4 shows option exercises/awards that resulted in acquisitions of 10,148 and 12,330 shares on 08/20/2025 and 9,852 and 11,670 shares on 08/21/2025 at exercise prices of $51.82 and $47.59, increasing option holdings reported in Table II. Offsetting those acquisitions, the filing discloses several sales on 08/20-08/21/2025 totaling 44,800 shares sold across multiple price ranges (weighted-average prices reported between $137.00 and $143.76 for different tranches). After the reported transactions, Mr. Schottenstein beneficially owned 350,374 common shares directly, with additional indirect holdings via trusts described in the filing.

M/I Homes insider sale: Susan E. Krohne, Chief Legal Officer and Secretary of M/I Homes, Inc. (MHO), reported a sale of 829 common shares on 08/20/2025 at $143.12 per share, reducing her direct holdings to 6,167 shares. The Form 4 was signed by an attorney-in-fact on 08/22/2025. No options or derivative transactions were reported.

Bruce A. Soll, a director of M/I Homes, Inc. (MHO), received 205 Phantom Stock Units as board compensation under the company's Director Deferral Plan. The units are 1-for-1 convertible into common shares and are to be settled in common stock upon the earlier of the date specified in Mr. Soll's deferral notice or his termination of service as a director. The reported exercise/settlement reference price for the units is $139.93 and, after this grant, Mr. Soll beneficially owns 3,445 common shares directly.

The filing documents a routine, non-derivative equity compensation award for board service that increases the reporting person's direct share ownership and creates a contingent right to receive common shares in the future under the Plan.

M/I Homes, Inc. (MHO) Form 144 notice reports a proposed sale of 21,522 common shares to be executed through Fidelity Brokerage Services on 08/21/2025 with an aggregate market value of $2,953,945.34. The filing shows 26,390,709 shares outstanding and indicates the shares to be sold were acquired by option grants dated 02/16/2021 (9,852 shares) and 02/17/2022 (11,670 shares), with payment listed as cash on 08/21/2025. The filing also discloses a sale on 08/20/2025 by Robert Schottenstein of 22,478 shares for gross proceeds of $3,171,850.17. Certain filer identification fields (CIK/CCC and contact details) in the form appear not to be populated in the provided content.

M/I Homes filed a Form 144 announcing a proposed sale of 22,478 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $3,171,850.33, to be sold on 08/20/2025 on the NYSE.

The shares were acquired via stock options previously granted by the issuer (10,148 shares from an option granted 02/16/2021 and 12,330 shares from an option granted 02/17/2022) and the filing states payment is to be in cash. The filer reports no securities sold in the past three months and affirms no undisclosed material adverse information.