Taylor Morrison Home Corp SEC Filings

Taylor Morrison Home Corp director reports deferred stock unit grant

A company director reported receiving 403 deferred stock units on December 31, 2025. Each deferred stock unit represents a contingent right to receive one share of Taylor Morrison Home Corp common stock. These units were acquired under the company’s Non-Employee Director Deferred Compensation Plan, which allows directors to defer all or part of their cash retainer and committee fees into stock-based compensation.

After this transaction, the director beneficially owns 9,269 derivative securities linked to Taylor Morrison Home Corp common stock. The deferred stock units will be settled in shares of common stock upon the earlier of September 1, 2027, the director’s separation from service on the board, or a change in control of the company.

Taylor Morrison Home Corporation announced that its subsidiary, Taylor Morrison Communities, Inc., has amended and restated its main corporate credit facility. The new unsecured revolving credit agreement provides a borrowing capacity of $1.0 billion, with an uncommitted accordion feature for up to an additional $400 million, and matures five years from the December 22, 2025 closing date.

Borrowings can bear interest at either a base rate or SOFR, in each case plus a margin that depends on the company’s credit ratings or capitalization ratio. The facility has no scheduled amortization, permits voluntary prepayments without penalty (other than customary breakage on SOFR loans), and requires prepayments if the capitalization ratio exceeds 0.55 to 1.00. Obligations are guaranteed by specified holding and operating subsidiaries, remain unsecured, and are subject to customary covenants and events of default.

Taylor Morrison Home Corporation has appointed Amanda Whalen as an independent member of its Board of Directors, effective March 1, 2026. She will serve until the 2026 annual meeting of stockholders and has also been named to the Board’s Audit Committee, where the Board determined she qualifies as an “audit committee financial expert.” Whalen is currently Chief Financial Officer of Klaviyo, Inc. and previously held senior finance roles at Walmart Inc., as well as earlier positions in finance, strategy, and management consulting at Bain & Company.

Under the standard director compensation program, Whalen will receive an $85,000 annual cash retainer, an additional $12,000 annual cash retainer for Audit Committee service, and an annual equity award of restricted stock units with a grant date fair value of $175,000. She may participate in the non-employee director deferred compensation plan and has entered into the company’s customary director and officer indemnification agreement. The company issued a press release on December 16, 2025 announcing these Board changes.

Taylor Morrison Home Corporation announced that its subsidiary, Taylor Morrison Communities, Inc., issued $525.0 million of 5.750% Senior Notes due 2032. The notes are senior unsecured, guaranteed by the same subsidiaries that support the issuer’s existing senior unsecured notes, and pay interest semi‑annually on May 15 and November 15, commencing May 15, 2026. They are redeemable at a make‑whole price before May 15, 2032, and at 100% of principal plus accrued interest on or after that date.

The company used a portion of the proceeds to settle its cash tender offer for the 5.875% Senior Notes due 2027, purchasing approximately $479.2 million (95.83%) on November 10, 2025, leaving about $20.8 million outstanding. It also redeemed all of its outstanding 6.625% Senior Notes due 2027 in the amounts of $25.44 million (issuer) and $1.63 million (William Lyon Homes, Inc.) at 100% of principal plus accrued interest.

If certain ratings declines occur in connection with a change of control, the issuer must offer to repurchase the 2032 notes at 101% of principal plus accrued interest. The indenture includes customary covenants on liens and sale‑leasebacks and customary events of default.

Taylor Morrison Home Corporation reported that its subsidiary, Taylor Morrison Communities, Inc., announced the expiration and results of its previously disclosed cash tender offer for any and all of its 5.875% Senior Notes due 2027. The update was communicated via a press release dated November 10, 2025, which is furnished as Exhibit 99.1. This reflects a liability‑management action centered on the Issuer’s 2027 notes.

Taylor Morrison Home Corporation announced the pricing terms of a previously announced cash tender offer by its indirect wholly owned subsidiary, Taylor Morrison Communities, Inc., for any and all of its outstanding 5.875% Senior Notes due 2027. The company furnished a press release detailing the pricing as Exhibit 99.1.

Taylor Morrison Home Corporation announced the pricing of an offering by its indirect wholly owned subsidiary, Taylor Morrison Communities, Inc., of $525.0 million aggregate principal amount of 5.750% senior notes due 2032. The transaction is expected to close on November 10, 2025, subject to customary conditions.

The subsidiary intends to use the net proceeds, together with cash on hand, to purchase any and all of its 5.875% Senior Notes due 2027 tendered and not withdrawn, redeem any remaining 2027 notes, redeem in full its outstanding 6.625% Senior Notes due 2027 and the 6.625% Senior Notes due 2027 issued by William Lyon Homes, Inc., and pay related fees and expenses. The new notes and guarantees are being offered to qualified institutional buyers under Rule 144A and outside the United States under Regulation S and will not be registered under the Securities Act.

Taylor Morrison Home Corporation announced that its indirect subsidiary, Taylor Morrison Communities, Inc., has begun a private offering of $525.0 million senior notes due 2032. The Issuer plans to use the net proceeds, together with cash on hand, to repurchase and redeem near-term 2027 debt and pay related fees and expenses.

The Issuer concurrently launched a cash tender offer for any and all of its 5.875% Senior Notes due 2027. Notes not purchased are expected to be redeemed on December 2, 2025 at a make‑whole price, while all 6.625% Senior Notes due 2027 (both the Issuer’s exchange notes and WLH’s notes) are slated for redemption on November 10, 2025 at 100.000% of principal, in each case plus accrued interest. These actions are conditioned upon completing the senior notes offering. As of September 30, 2025, outstanding amounts were $500.0 million (2027 Notes), $25.44 million (2027 Exchange Notes), and $1.63 million (2027 WLH Notes). The new notes will be sold privately under Rule 144A/Reg S and are not registered under the Securities Act.

Taylor Morrison Home Corporation reported third‑quarter results. Total revenue was $2,095,751,000, essentially flat year over year, and net income was $201,441,000 with diluted EPS of $2.01. Gross margin was $476,621,000.

Year to date, revenue reached $6,021,840,000 and net income was $608,484,000. The company recorded inventory impairment charges of $7.2 million in Q3 and $28.8 million for the nine months, primarily in the East and West segments. Financial Services contributed revenue of $55,918,000 in Q3.

Cash from operating activities was $170,914,000 for the nine months. Cash and cash equivalents were $370,591,000, with no borrowings outstanding on the $1.0 billion revolver. Total debt carried was $2,190,761,000 including senior notes and project‑level borrowings. The company repurchased 1,277,533 shares in Q3 for $74,553,000, leaving $600,447,000 authorized for future repurchases. Shares outstanding were 97,725,037 as of October 22, 2025.