[144] M/I Homes, Inc. SEC Filing
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.
- Full disclosure provided: The filing lists broker, share count, aggregate market value, acquisition dates, and exercise origins.
- No reported sales in prior three months: The filer states "Nothing to Report" for securities sold during the past three months.
- Affirmation against undisclosed material information: The filer represents they do not know of material adverse nonpublic information.
- Planned insider sale of $3,171,850.33: The notice shows a proposed sale with a significant aggregate market value on a single date.
- Securities originate from option grants: The supply being sold derives from previously granted options (02/16/2021 and 02/17/2022), indicating option holders are liquidating.
- No trading plan date disclosed: The filing does not indicate adoption of a Rule 10b5-1 trading plan or related instruction date in the remarks.
Insights
TL;DR: Insider plans to sell $3.17M of company stock acquired from prior option grants; filing provides required transparency.
The Form 144 discloses a non-routine, single-date proposed sale of 22,478 common shares with a disclosed aggregate market value of $3,171,850.33 executed through Fidelity Brokerage Services on the NYSE. The shares originate from two option grants dated 02/16/2021 and 02/17/2022 and will be paid in cash. The filing includes a representation that there are no undisclosed material adverse facts and reports no sales in the past three months. For investors, this is a clear, compliant insider sale notice without additional operational or financial data to change underlying valuation assumptions.
TL;DR: Governance disclosure is complete for a Rule 144 notice; transaction details and broker are clearly identified.
The document meets Form 144 disclosure requirements by identifying the class of securities, broker, number of shares, aggregate market value, outstanding shares figure, sale date, and acquisition history tied to option grants. It also includes the standard attestation about material nonpublic information. The filing does not indicate trading-plan adoption dates or other governance-specific safeguards beyond the attestation, and it reports no related sales in the prior three months.