MHO CEO Robert Schottenstein reports option exercises and multi-tranche share sales

Rhea-AI Filing Summary

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.

Positive

• Option exercises at exercise prices of $47.59 and $51.82 indicate compensation realization consistent with vesting schedules
• Full disclosure of indirect trust holdings (94,983 and 94,604 shares) and disclaimer regarding spouse-owned shares enhances transparency

Negative

• Substantial share sales totaling 44,800 shares on 08/20-08/21/2025, which reduced direct holdings from higher levels to 350,374 shares
• Sales executed across multiple price bands, suggesting the disposition occurred in multiple tranches rather than a single block

Insights

Securities Analyst

TL;DR: Insider exercised options and sold substantial shares over two days, ending with ~350k directly owned shares.

The filing documents option-related acquisitions at low exercise prices ($47.59 and $51.82) that increased vested option positions and simultaneous open-market dispositions across multiple tranches at weighted-average prices reported in the $137–$143 ranges. The pattern—exercising low-cost options and selling shares at current market prices—is consistent with routine option-related liquidity events and compensation realization. The report specifies direct ownership of 350,374 shares after transactions and notes additional indirect trust holdings. No forward-looking statements or corporate actions beyond these transactions are disclosed.

Corporate Governance Expert

TL;DR: Transactions reflect executive compensation realizations and ordinary open-market sales, with trust holdings disclosed.

The Form 4 itemizes multiple option exercises that vested February 16, 2025, and subsequent market sales executed August 20–21, 2025. The filing properly discloses indirect beneficial ownership via two trusts totaling 189,587 shares and a spouse-owned block of 10,000 shares disclaimed by the reporting person. Signature is by attorney-in-fact. The disclosure meets Section 16 reporting format; no amendments or other governance actions are indicated in the content provided.

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

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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^*

SCHOTTENSTEIN ROBERT H

(Last) (First) (Middle)

4131 WORTH AVE., SUITE 500

(Street)

COLUMBUS OH 43219

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
M/I HOMES, INC. [ MHO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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 Shares	08/20/2025		M		10,148	A	$51.82	360,522	D(1)
Common Shares	08/20/2025		M		12,330	A	$47.59	372,852	D(1)
Common Shares	08/20/2025		S		12,610	D	$140.279(2)	360,242	D(1)
Common Shares	08/20/2025		S		4,351	D	$141.641(3)	355,891	D(1)
Common Shares	08/20/2025		S		4,734	D	$142.43(4)	351,157	D(1)
Common Shares	08/20/2025		S		783	D	$143.529(5)	350,374	D(1)
Common Shares	08/21/2025		M		9,852	A	$51.82	360,226	D(1)
Common Shares	08/21/2025		M		11,670	A	$47.59	371,896	D(1)
Common Shares	08/21/2025		S		21,522	D	$137.252(6)	350,374	D(1)

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
Option to Purchase Common Shares	$51.82	08/20/2025		M			10,148	(7)	02/16/2031	Common Shares	10,148	$0	29,852	D
Option to Purchase Common Shares	$47.59	08/20/2025		M			12,330	(7)	02/17/2032	Common Shares	12,330	$0	59,670	D
Option to Purchase Common Shares	$51.82	08/21/2025		M			9,852	(7)	02/16/2031	Common Shares	9,852	$0	20,000	D
Option to Purchase Common Shares	$47.59	08/21/2025		M			11,670	(7)	02/17/2032	Common Shares	11,670	$0	48,000	D

Explanation of Responses:

1. The reporting person also indirectly owns 94,983 common shares as sole trustee and sole beneficiary of the Irving E. Schottenstein No. 2 GST Exempt Trust and 94,604 common shares as sole trustee and sole beneficiary of the Irving E. Schottenstein No. 2 GST Nonexempt Trust. The spouse of the reporting person beneficially owns 10,000 common shares of which the reporting person disclaims beneficial ownership, and this report shall not be deemed as admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.00 to $140.99, inclusive. The reporting person undertakes to provide to M/I Homes, Inc., any security holder of M/I Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) to (6) to this Form 4.

3. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.00 to $141.99, inclusive.

4. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $142.00 to $142.99, inclusive.

5. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.00 to $143.76, inclusive.

6. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.00 to $137.58, inclusive.

7. The options described on this line vested February 16, 2025.

Remarks:

	/s/Phillip G. Creek, Attorney-in-fact for Robert H. Schottenstein	08/22/2025
	** 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).
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FAQ

What insider transactions did Robert H. Schottenstein report for MHO on August 20-21, 2025?

The Form 4 reports option-related acquisitions (totaling 43, and specifically 10,148; 12,330; 9,852; 11,670 shares under options) and sales totaling 44,800 common shares executed on 08/20/2025 and 08/21/2025 at weighted-average prices in the $137.00–$143.76 ranges.

How many M/I Homes (MHO) shares does Robert H. Schottenstein directly own after these transactions?

The filing states the reporting person directly beneficially owned 350,374 common shares following the reported transactions.

Were any trust or indirect holdings disclosed in the Form 4 for MHO?

Yes. The report discloses indirect ownership of 94,983 shares as sole trustee/beneficiary of the Irving E. Schottenstein No. 2 GST Exempt Trust and 94,604 shares as sole trustee/beneficiary of the Irving E. Schottenstein No. 2 GST Nonexempt Trust.

What exercise prices and vesting information are shown for the option transactions?

Options exercised/awarded had exercise prices of $51.82 and $47.59. The filing notes the options described vested on February 16, 2025.

Who signed the Form 4 for Robert H. Schottenstein?

The Form 4 was signed by Phillip G. Creek, Attorney-in-fact for Robert H. Schottenstein, on 08/22/2025.