Taylor Morrison director units cashed out at $72.50
Taylor Morrison Home Corp director Denise Warren reported dispositions of equity awards and shares in connection with the company’s acquisition by Berkshire Hathaway Inc. for $72.50 per share.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Taylor Morrison Home Corp director Denise Warren reported dispositions of equity awards and shares in connection with the company’s acquisition by Berkshire Hathaway Inc. for $72.50 per share.
On July 24, 2026, 3,287 restricted stock units, 28,755 deferred stock units and 3,096 common shares were cancelled and converted into cash, leaving her with no reported holdings.
Insider Trade Summary
Disposition: 35,138 shares
Disposition
3 txns
Insider
Warren Denise
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units F2, F1, F3 | 3,287 | $72.50 | $238K |
| Disposition | Deferred Stock Units F4, F1 | 28,755 | $72.50 | $2.08M |
| Disposition | Common Stock F1 | 3,096 | $72.50 | $224K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Deferred Stock Units — 0 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. On July 24, 2026, Berkshire Hathaway Inc. ("BHI") acquired Taylor Morrison Home Corporation (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 (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.00001 per share, (the "Common Stock") (other than certain excluded shares) automatically converted into the right to receive $72.50 per share in cash (the "Merger Consideration").
- F2. Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock.
- F3. Pursuant to the Merger Agreement, each outstanding RSU became immediately vested, was cancelled and converted into the right to receive an amount in cash equal to (x) the number of shares of Common Stock subject to such RSU as of immediately prior to the Effective Time, multiplied by (y) the Merger Consideration.
- F4. Represents deferred stock units ("DSUs"). Each DSU represents a contingent right to receive one share of Common Stock. Pursuant to the Merger Agreement, 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) the Merger Consideration.
Key Figures
Merger Consideration Price: $72.50 per share
Restricted Stock Units Disposed: 3,287 units
Deferred Stock Units Disposed: 28,755 units
+2 more
5 metrics
Merger Consideration Price
$72.50 per share
Cash consideration per share of Taylor Morrison common stock in Berkshire Hathaway acquisition
Restricted Stock Units Disposed
3,287 units
RSUs cancelled and converted into cash at the merger’s effective time
Deferred Stock Units Disposed
28,755 units
DSUs cancelled and converted into cash based on the merger consideration
Common Shares Disposed
3,096 shares
Taylor Morrison common stock converted into right to receive cash in merger
Holdings After Transaction
0 shares/units
Reported holdings of common stock, RSUs and DSUs following merger-related dispositions
Key Terms
Restricted Stock Units, Deferred Stock Units, Merger Consideration, Agreement and Plan of Merger
4 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Stock Units financial
"Represents deferred stock units ("DSUs"). Each DSU represents a contingent right"
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.
Merger Consideration financial
"automatically converted into the right to receive $72.50 per share in cash (the "Merger Consideration")"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
Agreement and Plan of Merger regulatory
"acquired Taylor Morrison Home Corporation pursuant to an Agreement and Plan of Merger"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did TMHC report for director Denise Warren?
Denise Warren reported dispositions of equity awards and common shares tied to Taylor Morrison’s cash acquisition by Berkshire Hathaway Inc., where each share of common stock was converted into the right to receive $72.50 per share in cash at closing.
How many restricted stock units did TMHC director Denise Warren dispose of?
She disposed of 3,287 restricted stock units (RSUs). These RSUs became immediately vested at the merger’s effective time, were cancelled, and converted into a cash payment equal to the number of underlying shares multiplied by the $72.50 merger consideration.
What happened to Denise Warren’s deferred stock units in the TMHC merger?
She disposed of 28,755 deferred stock units (DSUs). Each DSU, representing one share of common stock, vested at the merger’s effective time and was cancelled in exchange for cash based on the $72.50 per-share merger consideration paid by Berkshire Hathaway Inc.
What were Denise Warren’s TMHC holdings after the Berkshire Hathaway merger?
After the merger-related dispositions, her reported holdings of common stock, RSUs and DSUs were all zero. All such securities were either converted into the right to receive cash at $72.50 per share or cancelled in connection with the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
