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Taylor Morrison (TMHC) CEO settles RSUs, withholds shares for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Taylor Morrison Home Corp Chairman, President and CEO Sheryl Palmer settled previously granted restricted stock units into common shares and covered related taxes in stock. She converted 23,022 RSUs into 23,022 shares of common stock, then 9,632 shares were withheld at a price of $67.91 per share to satisfy tax obligations. After these transactions on February 21, 2026, she held 394,687 shares directly and 19,211 shares indirectly through the Sheryl D. Palmer Trust, where she is trustee and sole beneficiary.

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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*
Palmer Sheryl

(Last) (First) (Middle)
4900 N. SCOTTSDALE ROAD, SUITE 2000

(Street)
SCOTTSDALE AZ 85251

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Taylor Morrison Home Corp [ TMHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026
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 02/21/2026 M 23,022 A (1) 404,319 D
Common Stock 02/21/2026 F 9,632(2) D $67.91 394,687 D
Common Stock 19,211 I By Trust(3)
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
Restricted Stock Units (1) 02/21/2026 M 23,022 (4) (4) Common Stock 23,022 (5) 0 D
Explanation of Responses:
1. Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
2. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
3. Held by Sheryl D. Palmer Trust, established October 4, 2019, of which the Reporting Person is a trustee and sole beneficiary.
4. On February 21, 2023, the Reporting Person was granted 69,065 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 21, 2024, February 21, 2025 and February 21, 2026.
5. The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
/s/ Todd Merrill, as Attorney-in-Fact 02/24/2026
** 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.

FAQ

What did TMHC CEO Sheryl Palmer report in this Form 4 filing?

Sheryl Palmer reported settlement of restricted stock units into common shares and share withholding for taxes. She converted 23,022 RSUs into stock and had 9,632 shares withheld at $67.91 per share to cover tax obligations.

How many Taylor Morrison (TMHC) RSUs did Sheryl Palmer settle?

She settled 23,022 restricted stock units, receiving one share of common stock for each vested RSU. These RSUs were part of a 69,065-unit grant awarded on February 21, 2023, vesting in three approximately equal annual installments.

Why were 9,632 TMHC shares withheld from Sheryl Palmer?

The 9,632 Taylor Morrison shares were withheld to cover tax withholding obligations triggered by RSU vesting. Instead of paying cash for taxes, shares were retained by the issuer at $67.91 per share, a standard tax-settlement mechanism for equity awards.

What are Sheryl Palmer’s TMHC share holdings after these transactions?

After the reported transactions, Sheryl Palmer directly owned 394,687 shares of Taylor Morrison common stock. She also indirectly held 19,211 shares through the Sheryl D. Palmer Trust, where she serves as trustee and is the sole beneficiary.

How were Sheryl Palmer’s TMHC RSUs originally granted and structured?

On February 21, 2023, she was granted 69,065 RSUs under the Taylor Morrison 2013 Omnibus Equity Award Plan. These units generally vest in three installments of approximately one-third each on February 21, 2024, February 21, 2025, and February 21, 2026.

How does Sheryl Palmer indirectly hold some Taylor Morrison (TMHC) shares?

She indirectly holds shares through the Sheryl D. Palmer Trust, established on October 4, 2019. She is both trustee and sole beneficiary, meaning the Form 4 attributes those 19,211 indirectly held TMHC shares to her beneficial ownership.
Taylor Morrison Home Corp

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