Tri Pointe Homes executive settles RSU tax with shares
Tri Pointe Homes, Inc. President and COO Thomas J. Mitchell reported tax-related share dispositions tied to restricted stock unit vesting.
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Rhea-AI Filing Summary
Tri Pointe Homes, Inc. President and COO Thomas J. Mitchell reported tax-related share dispositions tied to restricted stock unit vesting. On February 21 and February 22, he disposed of 11,169 and 9,968 shares of common stock, respectively, at $46.31 per share to satisfy withholding obligations under the company’s 2022 Long-Term Incentive Plan. After these non‑market transactions, he directly owned 939,891 shares, and an additional 610,000 shares were held indirectly by The Mitchell Family Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,968 | $46.31 | $462K |
| Exercise Price or Tax Liability | Common Stock | 11,169 | $46.31 | $517K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Withholding of shares to satisfy tax withholding obligations incident to vesting of RSU awards under the Company's 2022 Long-Term Incentive Plan.
- F2. By The Mitchell Family Trust.
FAQ
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What did Tri Pointe Homes (TPH) insider Thomas J. Mitchell report on this Form 4?
Were the Tri Pointe Homes (TPH) Form 4 transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.