STOCK TITAN

Taylor Morrison (NYSE: TMHC) EVP receives major stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Taylor Morrison Home Corp executive Merrill Stevin Todd reported equity compensation activity and related tax withholding. On February 23, 2026, he received grants of 5,061 restricted stock units (RSUs) and 2,700 shares of Common Stock, each RSU representing a right to one share.

Previously granted RSUs and performance-based RSUs (PSUs) vested and were settled into Common Stock, including 573 RSUs and 2,700 PSUs that converted into shares. The company withheld 154 shares and 738 shares of Common Stock at $66.68 per share to cover tax obligations upon these vestings, which is characterized as tax-withholding dispositions rather than open-market sales.

Positive

  • None.

Negative

  • None.
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
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*
Merrill Stevin Todd

(Last) (First) (Middle)
4900 N. SCOTTSDALE ROAD, SUITE 2000

(Street)
SCOTTSDALE AZ 85251

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Taylor Morrison Home Corp [ TMHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CLO & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock 02/23/2026 M 573 A (1) 1,547 D
Common Stock 02/23/2026 F 154(2) D $66.68 1,393 D
Common Stock 02/23/2026 A(3) 2,700 A $0 4,093 D
Common Stock 02/23/2026 F 738(4) D $66.68 3,355 D
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
Restricted Stock Units (1) 02/23/2026 M 573 (5) (5) Common Stock 573 (6) 573 D
Performance-based restricted stock units (7) 02/23/2026 A 2,700 (7) (7) Common Stock 2,700 (7) 2,700 D
Performance-based restricted stock units (7) 02/23/2026 M 2,700 (7) (7) Common Stock 2,700 (3) 0 D
Restricted Stock Units (8) 02/23/2026 A 5,061 (9) (9) Common Stock 5,061 (6) 5,061 D
Explanation of Responses:
1. Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
2. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
3. Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 21, 2023 under Issuer's 2013 Omnibus Equity Award Plan, as amended. Upon vesting, each PSU is settled in a share of the Issuer's Common Stock.
4. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of PSUs.
5. On February 23, 2024, the Reporting Person was granted 1,718 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 23, 2025, February 23, 2026 and February 23, 2027.
6. The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
7. On February 21, 2023 the Reporting Person received a grant of PSUs representing 2,660 shares of the Issuer's Common Stock (at target), half of which vest based on the Issuer's return on net assets ("RONA") and a relative total shareholder return ("TSR") modifier, and half of which vest based on the Company's revenue and a relative TSR modifier. The PSUs cliff vest at the end of a three year performance cycle, generally subject to the Reporting Person's continued employment through the date the compensation committee determines and certifies the applicable level of performance achieved for the fiscal 2025 tranche. The compensation committee determined that the objectives for the fiscal 2025 tranche were achieved at a level resulting in 2,700 PSUs being earned by the Reporting Person on February 23, 2026, subject to satisfaction of the vesting conditions for such grant.
8. Each RSU represents a contingent right to receive one share of Common Stock.
9. Subject to certain conditions, the RSUs will generally vest in three installments of approximately 33 1/3% on each of February 23, 2027, February 23, 2028 and February 13, 2029.
/s/ Todd Merrill 02/25/2026
** 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.

FAQ

What insider transactions did TMHC executive Merrill Stevin Todd report?

Merrill Stevin Todd reported equity grants, vesting, and tax withholding transactions. He received new RSU and stock awards, while previously granted RSUs and PSUs vested and converted into Common Stock, with some shares withheld to satisfy related tax obligations.

How many restricted stock units did TMHC grant to Merrill Stevin Todd?

Taylor Morrison granted Merrill Stevin Todd 5,061 RSUs on February 23, 2026. Each RSU represents a contingent right to receive one share of Common Stock, subject to future vesting conditions and the company’s 2013 Omnibus Equity Award Plan, as amended.

What performance-based stock units vested for TMHC’s Merrill Stevin Todd?

Performance-based restricted stock units representing 2,700 shares vested and settled into Common Stock. These PSUs were originally granted in 2023 and became earned after the compensation committee certified the performance objectives for the fiscal 2025 performance cycle.

Were any Taylor Morrison shares sold by Merrill Stevin Todd in the open market?

The reported dispositions are tax-withholding transactions, not open-market sales. Taylor Morrison withheld 154 and 738 shares of Common Stock at $66.68 per share to cover tax obligations triggered by the vesting of RSUs and PSUs.

How do the new RSUs granted to TMHC’s Merrill Stevin Todd vest over time?

The new RSUs generally vest in three installments of approximately 33 1/3% on each of February 23, 2027, February 23, 2028, and February 13, 2029, subject to specified conditions and continued service under Taylor Morrison’s equity award plan.

What plan governs the Taylor Morrison equity awards to Merrill Stevin Todd?

Both RSUs and PSUs reported for Merrill Stevin Todd were granted under the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended. This plan provides the framework for granting, vesting, and settling the company’s stock-based compensation awards.
Taylor Morrison Home Corp

NYSE:TMHC

TMHC Rankings

TMHC Latest News

TMHC Latest SEC Filings

TMHC Stock Data

6.44B
94.80M
Residential Construction
Operative Builders
Link
United States
SCOTTSDALE