Director at Millrose Properties (MRP) awarded 5,639 RSUs under 2024 plan

Rhea-AI Filing Summary

Millrose Properties, Inc. reported that director Mary Alison Mincey received a grant of 5,639 restricted stock units under the company’s 2024 Omnibus Incentive Plan. These RSUs will convert into an equal number of Class A Common shares after they vest, with no purchase price required.

The RSUs vest on a 1-for-1 basis upon the earlier of the first anniversary of the grant date or the next annual stockholder meeting, as long as she continues serving as a director through that date. Following this grant, she directly holds 17,750 shares of Class A Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mincey Mary Alison

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	5,639	$0.00	--

Holdings After Transaction: Class A Common Stock — 17,750 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 5,639 units Post-transaction holdings: 17,750 shares Grant price: $0.0000 per share +1 more

4 metrics

RSUs granted 5,639 units Restricted stock units granted to director on May 13, 2026

Post-transaction holdings 17,750 shares Class A Common Stock directly held after the grant

Grant price $0.0000 per share Transaction price per share for the RSU-related entry

Vesting trigger Earlier of 1 year or next meeting RSUs vest on the first anniversary of grant or next annual stockholder meeting

Key Terms

restricted stock units, 2024 Omnibus Incentive Plan, Class A Common Stock, vesting date

4 terms

restricted stock units financial

"granted 5,639 restricted stock units ("RSUs") to the reporting person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2024 Omnibus Incentive Plan financial

"under the Issuer's 2024 Omnibus Incentive Plan"

Class A Common Stock financial

"will vest into shares of Class A Common Stock of the Issuer"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vesting date financial

"through the vesting date"

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Mincey Mary Alison

(Last) (First) (Middle)

C/O MILLROSE PROPERTIES, INC.

600 BRICKELL AVENUE, SUITE 1400

(Street)

MIAMI FLORIDA 33131

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Millrose Properties, Inc. [ MRP ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Class A Common Stock	05/13/2026		A		5,639(1)	A	$0	17,750	D

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

Explanation of Responses:

1. On May 13, 2026, Millrose Properties, Inc. (the "Issuer") granted 5,639 restricted stock units ("RSUs") to the reporting person under the Issuer's 2024 Omnibus Incentive Plan. Such RSUs will vest into shares of Class A Common Stock of the Issuer on a 1-for-1 basis upon the earlier of (i) the first anniversary of the date of the grant and (ii) the date of the Issuer's annual stockholder meeting that next follows the date of the grant, subject to the reporting person's continuous service as a director of the Issuer from the date of the grant through the vesting date.

	/s/ Rachel Presa, attorney-in-fact	05/13/2026
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Millrose Properties (MRP) disclose for Mary Alison Mincey?

Millrose Properties disclosed that director Mary Alison Mincey received a grant of 5,639 restricted stock units. These RSUs were awarded at no cash cost and will vest into Class A Common Stock on a 1-for-1 basis once the vesting conditions are met.

How many Millrose Properties (MRP) shares does Mary Alison Mincey hold after this Form 4 transaction?

After this grant, Mary Alison Mincey directly holds 17,750 shares of Millrose Properties Class A Common Stock. This figure reflects her position following the award of 5,639 restricted stock units reported in the Form 4 insider filing for the director.

When do the 5,639 RSUs granted by Millrose Properties (MRP) to Mary Alison Mincey vest?

The 5,639 RSUs vest upon the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Vesting is conditional on Mary Alison Mincey’s continuous service as a director from the grant date through the applicable vesting date.

What plan governs the restricted stock unit grant reported in Millrose Properties (MRP) Form 4?

The restricted stock unit grant was made under Millrose Properties’ 2024 Omnibus Incentive Plan. This plan allows the company to grant equity awards, such as RSUs, to directors, with the reported award converting into Class A Common Stock upon satisfaction of vesting conditions.

Does the Millrose Properties (MRP) RSU grant to Mary Alison Mincey require a purchase price?

No, the RSU grant carries a transaction price per share of 0.0000, meaning there is no cash purchase price. Instead, 5,639 restricted stock units will convert into Class A Common shares on a 1-for-1 basis once the vesting schedule and service conditions are satisfied.