M/I Homes (MHO) director granted 1,573 restricted share units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Yvette McGee reported acquisition or exercise transactions in this Form 4 filing.
M/I Homes, Inc. director Yvette McGee Brown received a grant of 1,573 restricted share units, each representing one common share of the company. Following this award, she holds 3,395 restricted share units directly. The units were granted under the M/I Homes, Inc. 2018 Long-Term Incentive Plan.
The restricted share units vest on the earlier of the next annual meeting of shareholders, if that meeting is at least 50 weeks after May 13, 2026, or on May 13, 2027, provided she continues serving as a director. Once vested, the units will be settled in common shares within a defined time frame or later if she has made a deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Yvette McGee
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 1,573 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 3,395 shares (Direct, null)
Footnotes (1)
- Each restricted share unit represents a contingent right to receive one common share of M/I Homes, Inc. (The "Company"). The restricted share units were granted under the M/I Homes, Inc. 2018 Long-Term Incentive Plan, as amended, and vest on the earlier of (i) the date of the next annual meeting of shareholders of M/I Homes, Inc. (provided that such annual meeting of shareholders is at least 50 weeks after May 13, 2026) or (ii) May 13, 2027, subject to the reporting person continuing to serve as a director of M/I Homes, Inc. on such date. Vested restricted share units will be settled in common shares of M/I Homes, Inc. no later than the fifteenth day of the third month following the applicable vesting date, unless the reporting person has made a timely deferral election under the M/I Homes, Inc. Director Equity Compensation Deferral Plan, in which case the settlement date will be determined pursuant to the terms of the M/I Homes, Inc. Director Equity Compensation Deferral Plan.
Key Figures
RSUs granted: 1,573 restricted share units
RSUs after grant: 3,395 restricted share units
Vesting trigger window: At least 50 weeks after May 13, 2026
+1 more
4 metrics
RSUs granted
1,573 restricted share units
Grant to director on May 13, 2026
RSUs after grant
3,395 restricted share units
Total restricted share units held directly after transaction
Vesting trigger window
At least 50 weeks after May 13, 2026
Condition tied to timing of next annual shareholder meeting
Outside vesting date
May 13, 2027
Alternative vesting date if earlier shareholder meeting condition is not met
Key Terms
Restricted Share Units, 2018 Long-Term Incentive Plan, Director Equity Compensation Deferral Plan
3 terms
2018 Long-Term Incentive Plan financial
"The restricted share units were granted under the M/I Homes, Inc. 2018 Long-Term Incentive Plan, as amended"
Director Equity Compensation Deferral Plan financial
"unless the reporting person has made a timely deferral election under the M/I Homes, Inc. Director Equity Compensation Deferral Plan"
FAQ
What insider transaction did M/I Homes (MHO) report for Yvette McGee Brown?
M/I Homes reported that director Yvette McGee Brown received 1,573 restricted share units. These units are a stock-based compensation award under the company’s 2018 Long-Term Incentive Plan and increase her total restricted share unit holdings to 3,395.