STOCK TITAN

Equity award vests as Taylor Morrison (NYSE: TMHC) EVP gets shares

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

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 Merrill Stevin Todd
Role EVP, CLO & Secretary
Type Security Shares Price Value
Exercise Restricted Stock Units 551 $0.00 --
Exercise Common Stock 551 $0.00 --
Tax Withholding Common Stock 178 $67.43 $12K
Holdings After Transaction: Restricted Stock Units — 1,104 shares (Direct); Common Stock — 551 shares (Direct)
Footnotes (1)
  1. Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs. 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. The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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)
02/18/2026
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 02/18/2026 M 551 A (1) 551 D
Common Stock 02/18/2026 F 178(2) D $67.43 373 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) 02/18/2026 M 551 (3) (3) Common Stock 551 (4) 1,104 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. 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.
4. The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
/s/ Todd Merrill 02/20/2026
** 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 did Taylor Morrison (TMHC) executive Merrill Stevin Todd report on this Form 4?

Merrill Stevin Todd reported routine equity award activity, settling 551 restricted stock units into 551 shares of common stock. A portion of those shares was withheld to satisfy tax obligations related to the vesting, reflecting standard executive compensation mechanics at Taylor Morrison Home Corp.

How many Taylor Morrison (TMHC) RSUs vested and converted to shares for Merrill Stevin Todd?

A total of 551 restricted stock units vested and were settled into 551 shares of Taylor Morrison common stock. These units come from a 1,655-RSU grant dated February 18, 2025, which generally vests in three installments on February 18, 2026, 2027, and 2028.

Why were 178 Taylor Morrison (TMHC) shares disposed of in this Form 4?

The 178 Taylor Morrison common shares were withheld by the company to cover tax withholding obligations triggered by the RSU vesting. The transaction is coded "F," indicating payment of tax liability by delivering securities, rather than a discretionary open-market sale by the executive.

What Taylor Morrison (TMHC) equity plan governs Merrill Stevin Todd’s RSU grant?

The RSUs were granted under the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended. This plan provides stock-based compensation such as restricted stock units to executives, aligning their interests with shareholders through multi-year vesting tied to continued service at the company.

How many Taylor Morrison (TMHC) shares and RSUs does Merrill Stevin Todd hold after these transactions?

After the transactions, Merrill Stevin Todd directly owns 373 shares of Taylor Morrison common stock and 1,104 restricted stock units. The RSUs represent additional potential shares that may be delivered over time as future vesting installments occur under the original 1,655-unit grant.

Is Merrill Stevin Todd’s Taylor Morrison (TMHC) Form 4 mainly a buy, sell, or tax event?

The filing reflects a mix of derivative exercise and tax withholding activity. RSUs were converted into common stock (an acquisition of shares) and 178 shares were disposed of solely to satisfy tax obligations, rather than a typical open-market purchase or sale transaction.