Taylor Morrison (NYSE: TMHC) CFO settles RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taylor Morrison Home Corp CFO Curtis Vanhyfte reported equity compensation activity involving restricted stock units (RSUs). On February 21, 2026, 3,300 RSUs were settled, issuing 3,300 shares of common stock at no cost to him as the awards vested.
To cover tax withholding on the vesting, 887 common shares were withheld by the company at a reference price of $67.91 per share, described as payment of tax liability by delivering securities rather than a market sale. After these transactions, he directly owned 16,412 common shares. The RSUs stem from a 9,899-unit grant made on February 21, 2023 that vests in three annual installments on February 21, 2024, 2025, and 2026 under the company’s equity plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,300 shares exercised/converted
Mixed
3 txns
Insider
VANHYFTE CURTIS
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,300 | $0.00 | -- |
| Exercise | Common Stock | 3,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 887 | $67.91 | $60K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 17,299 shares (Direct)
Footnotes (1)
- Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs. On February 21, 2023, the Reporting Person was granted 9,899 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 21, 2024, February 21, 2025 and February 21, 2026. The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
FAQ
What did Taylor Morrison (TMHC) CFO Curtis Vanhyfte report in this Form 4?
The CFO reported settlement of 3,300 restricted stock units into 3,300 common shares and the withholding of 887 shares to satisfy tax obligations upon vesting, all under Taylor Morrison’s 2013 Omnibus Equity Award Plan.
What was the size and vesting schedule of the TMHC RSU grant to the CFO?
The CFO received a grant of 9,899 restricted stock units on February 21, 2023, vesting in three equal installments of approximately 33 1/3% on February 21, 2024, February 21, 2025, and February 21, 2026, under the company’s equity plan.