Tri Pointe Homes (TPH) counsel settles RSU taxes with 2,273 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tri Pointe Homes, Inc. General Counsel & Secretary David Ch. Lee reported a small share disposition tied to equity compensation. On the RSU vesting date, 2,273 shares of common stock at $46.31 per share were withheld to cover tax obligations under the company’s 2022 Long-Term Incentive Plan, rather than sold in the open market. After this tax-withholding transaction, Lee directly holds 138,292 shares of Tri Pointe Homes common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEE DAVID CH
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,273 | $46.31 | $105K |
Holdings After Transaction:
Common Stock — 138,292 shares (Direct)
Footnotes (1)
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FAQ
What insider activity did Tri Pointe Homes (TPH) report for David Ch. Lee?
Tri Pointe Homes reported that General Counsel & Secretary David Ch. Lee had 2,273 common shares withheld to satisfy tax obligations on vested RSUs. This was recorded as a Form 4 tax-withholding disposition, not an open-market purchase or sale of stock.
Was David Ch. Lee’s Tri Pointe Homes (TPH) Form 4 an open-market stock sale?
No, the Form 4 reflects a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax obligations incident to RSU vesting under the 2022 Long-Term Incentive Plan, rather than sold on the stock market.