Taylor Morrison EVP Settles RSUs, Withholds Shares
Taylor Morrison Home Corp executive Merrill Stevin Todd reported routine equity award activity.
Rhea-AI Filing Summary
Taylor Morrison Home Corp executive Merrill Stevin Todd reported routine equity award activity. On February 18, he exercised 551 restricted stock units into 551 shares of common stock at $0.00 per share, increasing his directly held RSUs to 1,104.
Of the newly issued common shares, 178 were disposed of at $67.43 per share to cover tax withholding obligations upon the RSU vesting, leaving him with 373 directly owned common shares. The 551 vested RSUs are part of a 1,655-unit grant awarded on February 18, 2025 under the Taylor Morrison 2013 Omnibus Equity Award Plan, generally vesting in three annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 551 | $0.00 | $0.00 |
| Exercise | Common Stock | 551 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 178 | $67.43 | $12K |
Footnotes (4)
- F1. Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
- F2. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
- F3. On February 18, 2025, the Reporting Person was granted 1,655 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 18, 2026, February 18, 2027 and February 18, 2028.
- F4. 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) executive Merrill Stevin Todd report on this Form 4?
What Taylor Morrison (TMHC) equity plan governs Merrill Stevin Todd’s RSU grant?
Is Merrill Stevin Todd’s Taylor Morrison (TMHC) Form 4 mainly a buy, sell, or tax event?
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