Taylor Morrison director gets deferred stock units
Taylor Morrison Home Corp director Christopher J. Yip received a grant of 331 deferred stock units, representing a right to receive an equal number of common shares in the future.
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Rhea-AI Filing Summary
Taylor Morrison Home Corp director Christopher J. Yip received a grant of 331 deferred stock units, representing a right to receive an equal number of common shares in the future. These units were acquired under the company’s Non-Employee Director Deferred Compensation Plan, reflecting the deferral of director cash fees. Each unit converts into one share and will be settled in common stock on the earlier of September 1, 2028, his separation from the board, or a change in control. Following this grant, Yip holds 13,295 deferred stock units directly. This is a routine, compensation-related equity award rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 331 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units will be settled in shares of Common Stock upon the earlier of (i) September 1, 2028, (ii) the reporting person's separation from service on the Company's board of directors, or (iii) a change in control.
- F2. The deferred stock units were acquired by Mr. Yip pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer all or a portion of their cash retainer and committee fees.
Key Figures
Key Terms
Deferred Stock Units financial
Non-Employee Director Deferred Compensation Plan financial
change in control regulatory
FAQ
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What did Taylor Morrison (TMHC) director Christopher Yip report on this Form 4?
How many Taylor Morrison (TMHC) deferred stock units does Christopher Yip hold after this grant?
When will Christopher Yip’s Taylor Morrison deferred stock units be settled into common shares?
What does a deferred stock unit mean for Taylor Morrison (TMHC) directors?
How did Christopher Yip acquire the 331 Taylor Morrison deferred stock units?
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