Taylor Morrison (NYSE: TMHC) director receives 3,287 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whalen Amanda reported acquisition or exercise transactions in this Form 4 filing.
Taylor Morrison Home Corp director Amanda Whalen received a grant of 3,287 deferred stock units as equity compensation. Each unit represents a contingent right to one share of common stock. The award vests on the earlier of the first anniversary of grant or the next annual stockholders’ meeting and is settled in shares when she leaves the board or upon a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Whalen Amanda
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,287 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 3,287 shares (Direct, null)
Footnotes (1)
- Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units shall be vested upon the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Company's annual meeting of stockholders immediately following the date of grant. The deferred stock units will be settled in shares of Common Stock upon the earlier of (i) the reporting person's separation from service on the Company's board of directors or (ii) a change in control. The deferred stock units were acquired by Ms. Whalen pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer their annual equity award granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
Key Figures
Deferred stock units granted: 3,287 units
Unit-to-share ratio: 1 unit : 1 share
Shares underlying units: 3,287 shares
3 metrics
Deferred stock units granted
3,287 units
Grant to director Amanda Whalen reported on Form 4
Unit-to-share ratio
1 unit : 1 share
Each deferred stock unit equals one share of common stock
Shares underlying units
3,287 shares
Common stock underlying granted deferred stock units
Key Terms
Deferred Stock Units, Non-Employee Director Deferred Compensation Plan, change in control, Taylor Morrison 2013 Omnibus Equity Award Plan
4 terms
Deferred Stock Units financial
"Each deferred stock unit 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.
Non-Employee Director Deferred Compensation Plan financial
"The deferred stock units were acquired by Ms. Whalen pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan."
change in control financial
"The deferred stock units will be settled in shares of Common Stock upon ... a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Taylor Morrison 2013 Omnibus Equity Award Plan financial
"Directors may elect to defer their annual equity award granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended."
FAQ
What did Amanda Whalen receive in this Taylor Morrison (TMHC) Form 4 filing?
Amanda Whalen received 3,287 deferred stock units as equity compensation. Each unit represents a contingent right to one share of Taylor Morrison common stock, granted under the company’s non-employee director compensation arrangements and reported as an acquisition on this Form 4.
How do the Taylor Morrison (TMHC) deferred stock units for Amanda Whalen vest?
The deferred stock units vest on the earlier of the first anniversary of the grant date or the company’s next annual meeting of stockholders. This structure ties vesting to Whalen’s continued board service over roughly a one-year period or until the following annual meeting.
When will Amanda Whalen’s Taylor Morrison (TMHC) deferred stock units be settled?
The deferred stock units will be settled in shares of common stock upon the earlier of Whalen’s separation from service on Taylor Morrison’s board of directors or a change in control of the company. Settlement therefore occurs at the end of service or upon a corporate control event.
What does each deferred stock unit represent for Taylor Morrison (TMHC) director Amanda Whalen?
Each deferred stock unit represents a contingent right to receive one share of Taylor Morrison common stock. The units function as stock-based compensation, delivering actual shares only after vesting and upon the specified settlement events tied to board service or a change in control.
Under which Taylor Morrison (TMHC) plans were Amanda Whalen’s deferred stock units granted?
The deferred stock units were acquired under Taylor Morrison’s Non-Employee Director Deferred Compensation Plan. That plan allows directors to defer their annual equity awards granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended, into deferred stock units instead of immediate share delivery.