Taylor Morrison director settles 77,191 stock units
Taylor Morrison Home Corporation director Peter R. Lane reported the disposition of 77,191 Deferred Stock Units, each linked to one share of common stock.
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Form Type
4
Rhea-AI Filing Summary
Taylor Morrison Home Corporation director Peter R. Lane reported the disposition of 77,191 Deferred Stock Units, each linked to one share of common stock.
The units vested and were cancelled on July 24, 2026, when Berkshire Hathaway Inc. acquired Taylor Morrison, converting them into a right to receive cash equal to the number of units multiplied by $72.50 per share, leaving Lane with 0 Deferred Stock Units.
Insider Trade Summary
Disposition: 77,191 shares
Disposition
1 txn
Insider
Lane Peter R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Deferred Stock Units F1 | 77,191 | $72.50 | $5.60M |
Holdings After Transaction:
Deferred Stock Units — 0 contracts (Direct)
Footnotes (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: 77,191 units
Per-share cash consideration: $72.50 per share
Deferred Stock Units after transaction: 0 units
+2 more
5 metrics
Deferred Stock Units disposed
77,191 units
Deferred Stock Units cancelled and converted to cash in merger-related issuer disposition
Per-share cash consideration
$72.50 per share
Cash received for each underlying common share subject to Deferred Stock Units at merger effective time
Deferred Stock Units after transaction
0 units
Reported Deferred Stock Unit holdings following the July 24, 2026 disposition
Transaction date
July 24, 2026
Date when the merger closed and Deferred Stock Units vested and were cancelled
Common stock par value
$0.00001 per share
Par value of Taylor Morrison common stock referenced in the Deferred Stock Unit description
Key Terms
Deferred Stock Units, Agreement and Plan of Merger, Merger Sub, effective time
4 terms
Deferred Stock Units financial
"Each deferred stock unit ("DSU") 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.
Agreement and Plan of Merger regulatory
"acquired the Issuer 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.
Merger Sub regulatory
"by and among the Issuer, BHI and WXYZ Merger Sub, Inc., a wholly owned subsidiary of BHI"
A merger sub is a temporary, wholly owned subsidiary that an acquiring company creates to carry out a merger with another firm. Think of it as a wrapper used to combine two businesses—this can simplify legal and tax steps, isolate liabilities, and help preserve the target’s contracts or stock structure, so investors watch it because the chosen approach affects deal mechanics, shareholder votes, potential dilution, and legal or tax risk.
effective time regulatory
"At the effective time of the Merger, each outstanding DSU became immediately vested"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Taylor Morrison (TMHC) report for Peter R. Lane?
Peter R. Lane, a director of Taylor Morrison, disposed of 77,191 Deferred Stock Units on July 24, 2026. These units vested and were cancelled in connection with Berkshire Hathaway’s acquisition, converting into a cash right of $72.50 per underlying share.
How many Deferred Stock Units did Peter R. Lane hold after the TMHC transaction?
After the merger-related disposition, Peter R. Lane reported holding 0 Deferred Stock Units in Taylor Morrison. The previous 77,191 units were fully vested, cancelled, and converted into a right to receive cash at $72.50 per unit.
What corporate event triggered the insider transaction reported for TMHC?
The transaction was triggered when Berkshire Hathaway Inc. acquired Taylor Morrison on July 24, 2026. Under the Agreement and Plan of Merger, all outstanding Deferred Stock Units vested, were cancelled, and converted into a cash right based on $72.50 per share.
What role does Peter R. Lane hold at Taylor Morrison (TMHC)?
Peter R. Lane is reported as a director of Taylor Morrison Home Corporation. His reported transaction involves Deferred Stock Units linked to Taylor Morrison common stock, which were settled for cash in connection with Berkshire Hathaway’s acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
