Taylor Morrison CEO settles RSUs, withholds shares
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,022 | $0.00 | $0.00 |
| Exercise | Common Stock | 23,022 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,632 | $67.91 | $654K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
- F2. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
- F3. Held by Sheryl D. Palmer Trust, established October 4, 2019, of which the Reporting Person is a trustee and sole beneficiary.
- F4. 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.
- F5. The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TMHC CEO Sheryl Palmer report in this Form 4 filing?
How many Taylor Morrison (TMHC) RSUs did Sheryl Palmer settle?
How were Sheryl Palmer’s TMHC RSUs originally granted and structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.