TMHC EVP reports RSU vesting and tax withholding
Taylor Morrison Home Corp executive Merrill Stevin Todd reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Taylor Morrison Home Corp executive Merrill Stevin Todd reported equity award activity involving restricted stock units and common shares. On the reported date, 887 restricted stock units were converted into 887 shares of common stock at a stated price of $0.00 per share, reflecting routine settlement of vested RSUs. Following this, 286 shares of common stock, valued at $67.91 per share, were withheld by the company to satisfy tax withholding obligations related to the RSU vesting. After these transactions, Todd held 974 shares of Taylor Morrison common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 887 | $0.00 | $0.00 |
| Exercise | Common Stock | 887 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 286 | $67.91 | $19K |
Footnotes (4)
- 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. On February 21, 2023, the Reporting Person was granted 2,659 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 21, 2024, February 21, 2025 and February 21, 2026.
- F4. 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 insider transactions did TMHC executive Merrill Stevin Todd report?
Were the TMHC Form 4 transactions open-market buys or sales?
What equity plan governed the RSUs in Merrill Stevin Todd’s TMHC filing?
How did the RSUs in the TMHC Form 4 vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.