Berkshire deal cashes out 41,884 Taylor Morrison (TMHC) director DSUs

Rhea-AI Filing Summary

Taylor Morrison Home Corp director Owen Andrea reported the disposition of 41,884 Deferred Stock Units on July 24, 2026, in connection with Berkshire Hathaway Inc.’s acquisition of the company. At the merger’s effective time, these units vested, were cancelled, and converted into cash at $72.50 per underlying share, leaving 0 reported DSUs from this award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Owen Andrea

Role Director

Type	Security	Shares	Price	Value
Disposition	Deferred Stock Units F1	41,884	$72.50	$3.04M

Holdings After Transaction: Deferred Stock Units — 0 shares (Direct)

Footnotes (1)

1. F1. Each deferred stock unit ("DSU") represents a contingent right to receive one share of common stock, par value $0.00001 per share, of Taylor Morrison Home Corporation (the "Issuer"). On July 24, 2026, Berkshire Hathaway Inc. ("BHI") acquired the Issuer pursuant to an Agreement and Plan of Merger, dated as of May 31, 2026 (the "Merger Agreement"), by and among the Issuer, BHI and WXYZ Merger Sub, Inc., a wholly owned subsidiary of BHI ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of BHI. At the effective time of the Merger, each outstanding DSU became immediately vested, was cancelled and converted into the right to receive an amount in cash equal to (x) the number of shares subject to such DSU as of immediately prior to the Effective Time, multiplied by (y) $72.50.

Key Figures

Deferred Stock Units disposed: 41,884 units Cash consideration per underlying share: $72.50 per share Deferred Stock Units remaining after transaction: 0 units +1 more

4 metrics

Deferred Stock Units disposed 41,884 units Disposition to issuer on July 24, 2026 in merger-related cash-out

Cash consideration per underlying share $72.50 per share Each deferred stock unit converted into a cash right at $72.50 per share

Deferred Stock Units remaining after transaction 0 units Reported DSU holdings following the merger-related disposition

Derivative transactions reported 1 transaction Single derivative disposition (code D) of Deferred Stock Units

Key Terms

Deferred Stock Units, Agreement and Plan of Merger, wholly owned subsidiary, effective time of the Merger

4 terms

Deferred Stock Units financial

"Each deferred stock unit represents a contingent right to receive one share"

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.

Agreement and Plan of Merger regulatory

"pursuant to an Agreement and Plan of Merger, dated as of May 31, 2026"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

wholly owned subsidiary financial

"WXYZ Merger Sub, Inc., a wholly owned subsidiary of BHI"

A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.

effective time of the Merger regulatory

"At the effective time of the Merger, each outstanding DSU became vested"

The effective time of the merger is the exact moment when a planned combination of two companies legally takes effect, usually specified in the merger agreement and reflected by the formal filing or timestamp. For investors, it is the point when ownership, voting rights, financial reporting and control shift—like a light switch flipping that joins two rooms into one—so it determines when shares convert, who controls corporate decisions and which results appear in financial statements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/27/2026 - 04:15 PM Accepted by SEC EDGAR 07/27/2026 - 04:15 PM Learn about SEC filing dates

FAQ

What insider transaction did Owen Andrea report for TMHC?

Director Owen Andrea reported a disposition of 41,884 Deferred Stock Units tied to Taylor Morrison Home Corp on July 24, 2026, when the company was acquired by Berkshire Hathaway Inc. in a merger transaction that converted these units into a cash payment.

How many Deferred Stock Units did the TMHC director dispose of?

The reporting director disposed of 41,884 Deferred Stock Units (DSUs). Each DSU represented a contingent right to receive one share of Taylor Morrison common stock and was cancelled in exchange for cash at the closing of Berkshire Hathaway Inc.’s acquisition of the company.

What cash value per share did TMHC Deferred Stock Units receive in the merger?

Each Deferred Stock Unit converted into cash based on $72.50 per underlying share. The cash amount equaled the number of shares subject to each DSU multiplied by $72.50 at the effective time of the merger with Berkshire Hathaway Inc.

How was Taylor Morrison Home Corp (TMHC) involved with Berkshire Hathaway?

Berkshire Hathaway Inc. (BHI) acquired Taylor Morrison Home Corp under an Agreement and Plan of Merger. A BHI subsidiary merged into Taylor Morrison, with Taylor Morrison surviving as a wholly owned subsidiary of BHI at the merger’s effective time.

Did Owen Andrea retain any TMHC Deferred Stock Units after the merger?

Following the reported transaction, Owen Andrea’s Deferred Stock Units position was 0. The outstanding DSUs vested, were cancelled, and converted into the right to receive a cash payment tied to $72.50 per underlying share at the merger’s effective time.

What is a Deferred Stock Unit in the TMHC Form 4 filing?

In this filing, each Deferred Stock Unit (DSU) represents a contingent right to receive one share of Taylor Morrison common stock. At Berkshire Hathaway’s acquisition closing, the DSUs vested, were cancelled, and converted into a cash payment based on $72.50 per share.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Owen Andrea

(Last) (First) (Middle)

C/O TAYLOR MORRISON HOME CORPORATION

4900 N. SCOTTSDALE ROAD, SUITE 2000

(Street)

SCOTTSDALE ARIZONA 85251

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Taylor Morrison Home Corp [ TMHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	07/24/2026		D(1)			41,884	(1)	(1)	Common Stock	41,884	$72.5(1)	0	D

Explanation of Responses:

1. Each deferred stock unit ("DSU") represents a contingent right to receive one share of common stock, par value $0.00001 per share, of Taylor Morrison Home Corporation (the "Issuer"). On July 24, 2026, Berkshire Hathaway Inc. ("BHI") acquired the Issuer pursuant to an Agreement and Plan of Merger, dated as of May 31, 2026 (the "Merger Agreement"), by and among the Issuer, BHI and WXYZ Merger Sub, Inc., a wholly owned subsidiary of BHI ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of BHI. At the effective time of the Merger, each outstanding DSU became immediately vested, was cancelled and converted into the right to receive an amount in cash equal to (x) the number of shares subject to such DSU as of immediately prior to the Effective Time, multiplied by (y) $72.50.

	/s/ Todd Merrill, as Attorney-in-Fact	07/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)