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Taylor Morrison Strengthens Executive Team with Long-Term Equity Incentives

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

Rhea-AI Filing Summary

Todd Merrill, EVP, CLO & Secretary of Taylor Morrison Home, reported new equity compensation grants on June 18, 2025. The insider received:

  • Stock Options: 2,642 options with strike price of $57.42, vesting in 25% annual installments from June 2026 through June 2029, expiring June 18, 2035
  • Restricted Stock Units (RSUs): 2,886 units vesting in approximately 33.3% installments from June 2026 through June 2028

Both grants were made under the Taylor Morrison 2013 Omnibus Equity Award Plan. The compensation structure combines performance incentives through options with retention benefits via RSUs, aligning executive interests with shareholders over a 3-4 year vesting period. This Form 4 filing represents standard executive compensation practices for the company's senior leadership team.

Positive

  • None.

Negative

  • None.
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)
06/18/2025
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
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
Employee Stock Option (Right to buy) $57.42 06/18/2025 A 2,642 (1) 06/18/2035 Common Stock 2,642 (2) 2,642 D
Restricted Stock Units (3) 06/18/2025 A 2,886 (4) (4) Common Stock 2,886 (5) 2,886 D
Explanation of Responses:
1. Subject to certain conditions, the options will generally vest in equal installments of 25% on each of June 18, 2026, June 18, 2027, June 18, 2028 and June 18, 2029.
2. The options were granted to the Reporting Person in accordance with the Taylor Morison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan").
3. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
4. Subject to certain conditions, the restricted stock units will vest in three installments of approximately 33 1/3% on each of June 18, 2026, June 18, 2027 and June 18, 2028.
5. The RSUs were granted to the Reporting Person in accordance with the Equity Plan.
/s/ Todd Merrill 06/23/2025
** 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 stock options did TMHC's EVP and CLO Todd Merrill receive in June 2025?

Todd Merrill received 2,642 employee stock options on June 18, 2025, with an exercise price of $57.42. These options will vest in equal installments of 25% annually from June 18, 2026 to June 18, 2029, and expire on June 18, 2035.

How many restricted stock units (RSUs) were granted to TMHC's CLO in the latest Form 4?

According to the Form 4 filing, Todd Merrill was granted 2,886 restricted stock units (RSUs) on June 18, 2025. These RSUs will vest in three approximately equal installments of 33 1/3% on June 18, 2026, June 18, 2027, and June 18, 2028.

What is the vesting schedule for TMHC EVP Todd Merrill's June 2025 stock options?

The stock options granted to Todd Merrill will vest in four equal installments of 25% each on: June 18, 2026, June 18, 2027, June 18, 2028, and June 18, 2029, subject to certain conditions.

What is Todd Merrill's position at Taylor Morrison Home Corporation (TMHC)?

Todd Merrill serves as Executive Vice President (EVP), Chief Legal Officer (CLO) & Secretary at Taylor Morrison Home Corporation (TMHC).

When do TMHC CLO Todd Merrill's June 2025 RSUs vest?

The restricted stock units will vest in three installments of approximately 33 1/3% each on June 18, 2026, June 18, 2027, and June 18, 2028, subject to certain conditions. Each RSU represents a contingent right to receive one share of Common Stock.
Taylor Morrison Home Corp

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TMHC Stock Data

5.81B
94.80M
2.97%
100.58%
3.15%
Residential Construction
Operative Builders
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United States
SCOTTSDALE