Taylor Morrison (TMHC) director granted 3,287 Deferred Stock Units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lane Peter R. reported acquisition or exercise transactions in this Form 4 filing.
Taylor Morrison Home Corp director Peter R. Lane received an award of 3,287 Deferred Stock Units, each representing a contingent right to one share of common stock. Following this grant, he holds 77,191 Deferred Stock Units directly.
The units vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. They will be settled in shares of common stock upon Mr. Lane’s separation from the board or a change in control, under the company’s non-employee director deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lane Peter R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,287 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 77,191 shares (Direct, null)
Footnotes (1)
- Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units shall be vested upon the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Company's annual meeting of stockholders immediately following the date of grant. The deferred stock units will be settled in shares of Common Stock upon the earlier of (i) the reporting person's separation from service on the Company's board of directors or (ii) a change in control. The deferred stock units were acquired by Mr. Lane pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer their annual equity award granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
Key Figures
Deferred Stock Units granted: 3,287 units
Deferred Stock Units after grant: 77,191 units
Vesting trigger: Earlier of 1-year anniversary or next annual meeting
+1 more
4 metrics
Deferred Stock Units granted
3,287 units
Non-employee director grant on May 21, 2026
Deferred Stock Units after grant
77,191 units
Total direct holdings following transaction
Vesting trigger
Earlier of 1-year anniversary or next annual meeting
Vesting schedule for granted Deferred Stock Units
Settlement trigger
Board separation or change in control
When units convert into common shares
Key Terms
Deferred Stock Units, Non-Employee Director Deferred Compensation Plan, Taylor Morrison 2013 Omnibus Equity Award Plan, change in control
4 terms
Deferred Stock Units financial
"Each deferred stock unit represents a contingent right to receive one share of Common Stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Non-Employee Director Deferred Compensation Plan financial
"acquired by Mr. Lane pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan"
Taylor Morrison 2013 Omnibus Equity Award Plan financial
"annual equity award granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended."
change in control financial
"settled in shares of Common Stock upon the earlier of ... or (ii) a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Peter R. Lane report at Taylor Morrison (TMHC)?
Peter R. Lane reported receiving a grant of 3,287 Deferred Stock Units as director compensation. Each unit represents a contingent right to one share of Taylor Morrison common stock, awarded under the company’s non-employee director deferred compensation framework.
How many Taylor Morrison Deferred Stock Units does Peter R. Lane hold after this Form 4?
After this grant, Peter R. Lane holds 77,191 Deferred Stock Units directly. These units track rights to receive an equal number of common shares in the future, subject to vesting and settlement conditions described in the company’s director compensation and equity award plans.
What is a Deferred Stock Unit in the Taylor Morrison (TMHC) Form 4 filing?
A Deferred Stock Unit is a compensation instrument representing a contingent right to receive one common share. For Taylor Morrison, these units are granted to non-employee directors and convert into shares at a later date, once vesting and specified settlement events occur.
When do Peter R. Lane’s Taylor Morrison Deferred Stock Units vest and settle?
The Deferred Stock Units vest on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting. They are settled in common shares upon Mr. Lane’s separation from board service or if a change in control of the company occurs.
Under which plans were Peter R. Lane’s Taylor Morrison Deferred Stock Units granted?
The units were acquired under the Non-Employee Director Deferred Compensation Plan. That plan allows directors to defer their annual equity awards granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended, into Deferred Stock Units instead of immediate share delivery.
Is Peter R. Lane’s Form 4 transaction a market purchase or sale of TMHC stock?
The Form 4 reports a grant of Deferred Stock Units as director compensation, not an open-market purchase or sale. The units represent future rights to receive shares, subject to vesting and settlement triggers, rather than immediate trading in Taylor Morrison common stock.