[Form 4] Pultegroup, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Robert OShaughnessy, Executive Vice President of PulteGroup, Inc. (PHM), reported an insider sale. On 08/14/2025 he disposed of 21,927 shares of PulteGroup common stock in transactions coded "S" (sale) at a weighted-average price of $128.027 per share, reflecting individual trade prices within the $128.00 to $128.20 range. After the reported sale, the filing shows the reporting person beneficially owned 64,264 shares. The Form 4 was executed by an attorney-in-fact and dated 08/15/2025.

Positive

• Timely disclosure of insider sale under Section 16 obligations
• Clear pricing disclosure including weighted-average price and price range ($128.00 to $128.20)
• Reporting person identified with relationship to issuer (Executive Vice President)

Negative

• Insider sale of 21,927 shares could be viewed negatively by some investors as a reduction in insider ownership

Insights

Financial Analyst

TL;DR: Insider sale of 21,927 PHM shares was disclosed; transaction appears routine and provides liquidity rather than a governance signal.

The filing reports a sale (code "S") of 21,927 common shares at a weighted-average price of $128.027 on 08/14/2025, with remaining beneficial ownership of 64,264 shares. The report includes an explanatory footnote that the reported price is an average weighted price from multiple trades between $128.00 and $128.20 and offers to provide trade-level detail on request. There is no indication in this Form 4 of stock-based exercises, option grants, or other derivative activity. From a financial-materiality perspective, the Form 4 provides required transparency but does not by itself convey operational or earnings information about PHM.

Corporate Governance Expert

TL;DR: The company disclosed an officer sale in compliance with Section 16; filing was signed by an attorney-in-fact and includes required explanatory note.

The report identifies the reporting person as an Executive Vice President and indicates the Form 4 was filed by one reporting person. The record shows proper labeling of the transaction code and a clarifying footnote about the weighted-average price and price range. The signature block shows the form was executed by an attorney-in-fact on 08/15/2025. There are no amendments or additional disclosures in this filing that would suggest governance concerns beyond the sale itself.

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^*

OShaughnessy Robert

(Last) (First) (Middle)

3350 PEACHTREE ROAD NORTHEAST

SUITE 1500

(Street)

ATLANTA GA 30326

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PULTEGROUP INC/MI/ [ PHM ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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 Stock	08/14/2025		S		21,927	D	$128.027(1)	64,264	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. The price reported is an average weighted price. These shares were sold in multiple transactions at prices ranging from $128.00 to $128.20, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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 this footnote.

Remarks:

	/s/ Graham B. Overton, Attorney-in-Fact	08/15/2025
	** 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).
** 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.

FAQ

What did the PHM insider sell and when?

On 08/14/2025 the reporting person sold 21,927 shares of PulteGroup (PHM) common stock (transaction code "S").

At what price were the PHM shares sold in the Form 4?

The shares were sold at a weighted-average price of $128.027 per share, with individual trade prices ranging from $128.00 to $128.20.

How many PHM shares does the reporting person own after the sale?

The Form 4 reports the reporting person beneficially owned 64,264 shares following the reported transaction.

Who filed and signed the Form 4 for the PHM transaction?

The Form 4 was executed by an attorney-in-fact, Graham B. Overton, and dated 08/15/2025.

What is the reporting person’s role at PulteGroup?

The reporting person is identified as an Executive Vice President of PulteGroup, Inc.