Tri Pointe Homes (NYSE: TPH) CFO receives stock awards and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tri Pointe Homes, Inc. CFO and CAO Glenn J. Keeler reported equity award activity involving common stock. On February 12, 2026, 51,700 performance-based restricted stock units vested into the same number of shares based on revenue and pre-tax earnings goals, and 21,749 shares were withheld to cover taxes. On February 17, 2026, he received a separate grant of 37,796 restricted stock units that vest in three equal annual installments, bringing his directly held common stock to 236,968 shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
KEELER GLENN J.
Role
CFO and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37,796 | $46.30 | $1.75M |
| Grant/Award | Common Stock | 51,700 | $0.00 | -- |
| Tax Withholding | Common Stock | 21,749 | $36.57 | $795K |
Holdings After Transaction:
Common Stock — 236,968 shares (Direct)
Footnotes (1)
- Represents shares of common stock issued pursuant to the vesting of performance-based restricted stock units granted on February 22, 2023 under the Company's 2022 Long-Term Incentive Plan that were eligible to vest based on attainment of certain revenue and pre-tax earnings performance goals (the "Performance Awards"). Upon the recommendation of the Compensation Committee, the Company's board of directors determined that, based on the Company's performance over the performance period, 51,700 Performance Awards would vest and be settled into an equal number of shares of common stock, in accordance with the terms of the Performance Awards. Withholding of shares to satisfy tax withholding obligations incident to vesting of the Performance Awards. Represents a grant of 37,796 restricted stock units ("RSUs") under the Company's 2022 Long-Term Incentive Plan. The RSUs, which vest one-third each year beginning on the first anniversary of the grant date, are to be settled for an equal number of shares of common stock (or the cash equivalent, under certain circumstances) upon vesting.
FAQ
What insider transactions did Tri Pointe Homes (TPH) report for Glenn J. Keeler?
Tri Pointe Homes reported that CFO Glenn J. Keeler received 51,700 vested performance-based shares and a new grant of 37,796 restricted stock units. The filing also shows 21,749 shares were withheld to satisfy tax obligations related to the vesting event.
What new stock award did the Tri Pointe Homes (TPH) CFO receive?
The CFO received a grant of 37,796 restricted stock units under Tri Pointe Homes’ 2022 Long-Term Incentive Plan. These RSUs vest in three equal annual installments starting on the first anniversary of the grant date and are settled in shares or cash upon vesting.
What plan governs the equity awards reported for Tri Pointe Homes (TPH) CFO?
Both the vested performance-based awards and the new restricted stock units are issued under Tri Pointe Homes’ 2022 Long-Term Incentive Plan. This plan provides for performance-based and time-based equity grants that settle into common shares or, in some cases, their cash equivalent upon vesting.