Tri Pointe Homes counsel reports equity awards
Tri Pointe Homes General Counsel David Ch.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,358 | $46.30 | $850K |
| Grant/Award | Common Stock | 32,312 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,176 | $36.57 | $445K |
Footnotes (3)
- F1. 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.
- F2. Withholding of shares to satisfy tax withholding obligations incident to vesting of the Performance Awards.
- F3. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Tri Pointe Homes (TPH) insider David Ch. Lee report on this Form 4?
What new equity award did Tri Pointe Homes (TPH) grant to David Ch. Lee?
What performance conditions triggered the vesting of Tri Pointe Homes (TPH) performance awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.