Tri Pointe Homes (TPH) GC reports vesting and new RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tri Pointe Homes General Counsel David Ch. Lee reported equity compensation activity involving the company’s common stock. On February 12, 2026, 32,312 performance-based restricted stock units vested into the same number of shares after revenue and pre-tax earnings goals were met under the 2022 Long-Term Incentive Plan. To cover related tax obligations, 12,176 shares were withheld and disposed of as a tax-withholding transaction, rather than an open-market sale. On February 17, 2026, Lee received a new grant of 18,358 restricted stock units, which will vest in three equal annual installments and be settled in an equivalent number of shares or, in some cases, cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
LEE DAVID CH
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,358 | $46.30 | $850K |
| Grant/Award | Common Stock | 32,312 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,176 | $36.57 | $445K |
Holdings After Transaction:
Common Stock — 140,565 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, 32,312 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 18,358 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 did Tri Pointe Homes (TPH) insider David Ch. Lee report on this Form 4?
David Ch. Lee reported equity compensation transactions involving Tri Pointe Homes common stock, including vesting of performance-based units, tax-withholding share dispositions, and a new restricted stock unit grant, all under the company’s 2022 Long-Term Incentive Plan.
What new equity award did Tri Pointe Homes (TPH) grant to David Ch. Lee?
Tri Pointe Homes granted 18,358 restricted stock units to David Ch. Lee. These RSUs vest in three equal annual installments starting on the first anniversary of the grant date and convert into an equal number of common shares or, in some circumstances, the cash equivalent.
What performance conditions triggered the vesting of Tri Pointe Homes (TPH) performance awards?
The performance-based restricted stock units vested after the company met specified revenue and pre-tax earnings performance goals. The board, acting on its compensation committee’s recommendation, determined that 32,312 performance awards would vest based on Tri Pointe Homes’ results over the designated performance period.