Taylor Morrison Strengthens Executive Team with Long-Term Equity Incentives
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Merrill Stevin Todd
Role
EVP, CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to buy) | 2,642 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,886 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to buy) — 2,642 shares (Direct);
Restricted Stock Units — 2,886 shares (Direct)
Footnotes (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. The options were granted to the Reporting Person in accordance with the Taylor Morison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan"). Each restricted stock unit represents a contingent right to receive one share of Common Stock. 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. The RSUs were granted to the Reporting Person in accordance with the Equity Plan.
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.