M/I Homes (NYSE: MHO) CEO sells 27,608 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
M/I Homes, Inc. Chairman, CEO and President Robert H. Schottenstein reported multiple equity transactions in company stock. He exercised options for 24,000 common shares, converting an option to purchase common shares into directly owned stock at a price of $47.59 per share.
On the same date, he executed open-market sales totaling 27,608 common shares in several tranches at weighted average prices of $143.5544, $145.2972, $146.6803 and $147.1044 per share, leaving him with 344,905 common shares held directly. He also indirectly owns additional common shares as trustee and beneficiary of several trusts and notes that his spouse beneficially owns 10,000 common shares, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,608 shares ($3,984,161)
Net Sell
6 txns
Insider
SCHOTTENSTEIN ROBERT H
Role
Chairman, CEO & President
Sold
27,608 shs ($3.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Shares | 24,000 | $0.00 | -- |
| Exercise | Common Shares | 24,000 | $47.59 | $1.14M |
| Sale | Common Shares | 16,354 | $143.5544 | $2.35M |
| Sale | Common Shares | 10,409 | $145.2972 | $1.51M |
| Sale | Common Shares | 541 | $146.6803 | $79K |
| Sale | Common Shares | 304 | $147.1044 | $45K |
Holdings After Transaction:
Option to Purchase Common Shares — 24,000 shares (Direct);
Common Shares — 372,513 shares (Direct)
Footnotes (1)
- The reporting person also indirectly owns 36,500 common shares as sole trustee and sole annuitant of the Robert H Schottenstein 2025 Three-Year GRAT, 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. The reported price is a weighted average price. These shares were sold un multiple transactions at prices ranging from $143.0000 to $143.7350, 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 range set forth in the footnote to this Form 4. The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $145.0000 to $145.9700, inclusive. The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $146.5950 to $146.9000, inclusive. The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $147.0700 to $147.5350, inclusive. The options described on this line vested on February 17, 2026.
FAQ
What insider transactions did M/I Homes (MHO) report for Robert H. Schottenstein?
Robert H. Schottenstein exercised options for 24,000 M/I Homes common shares and sold 27,608 common shares in the open market. These transactions changed his mix of derivative and directly held stock while maintaining a substantial direct ownership position.
At what price did the M/I Homes (MHO) CEO exercise stock options?
He exercised options covering 24,000 M/I Homes common shares at an exercise price of $47.59 per share. The exercise converted an option position into directly owned stock, which then partially supported subsequent open-market sales reported the same day.
What do the weighted average prices in the M/I Homes (MHO) Form 4 mean?
The weighted average prices reflect multiple trades within specified ranges aggregated into single line items. For example, one block was sold between $143.0000 and $143.7350 per share, with the average price reported; detailed trade breakdowns are available upon request.