Taylor Morrison (NYSE: TMHC) CEO settles RSUs, 3,147 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taylor Morrison Home Corp reported that Chairman, President and CEO Sheryl Palmer settled 7,518 restricted stock units into the same number of shares of common stock, reflecting routine equity compensation vesting.
Of these shares, 3,147 were withheld by the company at a price of $58.86 per share to cover tax obligations. After these transactions and an account reconciliation, Palmer directly holds 267,944 common shares and indirectly holds additional shares through family and personal trusts. The RSUs stem from a 15,037-unit grant made on March 12, 2025 under the company’s 2013 Omnibus Equity Award Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,518 shares exercised/converted
Mixed
5 txns
Insider
Palmer Sheryl
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,518 | $0.00 | -- |
| Exercise | Common Stock | 7,518 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,147 | $58.86 | $185K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 7,519 shares (Direct);
Common Stock — 271,091 shares (Direct);
Common Stock — 180,801 shares (Indirect, By Trust)
Footnotes (1)
- Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU. The number of shares directly owned by the Reporting Person has been adjusted to reflect a reconciliation to the Reporting Person's account records. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs. Reflects shares previously reported as directly owned that are held indirectly through The Palmer Family Delaware Dynasty Trust. Held by The Palmer Family Delaware Dynasty Trust, of which the Reporting Person is the Investment Adviser. Held by Sheryl D. Palmer Trust, established October 4, 2019, of which the Reporting Person is a trustee and sole beneficiary. On March 12, 2025, the Reporting Person was granted 15,037 RSUs, generally vesting in two installments of approximately 50% on each of March 12, 2026 and March 12, 2027. The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
FAQ
What insider equity transaction did Taylor Morrison (TMHC) report for Sheryl Palmer?
Taylor Morrison reported that CEO Sheryl Palmer settled 7,518 RSUs into an equal number of common shares. The event reflects routine vesting of equity awards granted under the company’s 2013 Omnibus Equity Award Plan, rather than an open-market stock purchase or sale.
What indirect Taylor Morrison (TMHC) holdings does Sheryl Palmer report by trust?
Sheryl Palmer reports indirect ownership of Taylor Morrison shares through two trusts: The Palmer Family Delaware Dynasty Trust and the Sheryl D. Palmer Trust. These trusts collectively hold substantial common stock positions, with Palmer serving as investment adviser or trustee and sole beneficiary.
When were the Taylor Morrison (TMHC) RSUs that vested on March 12, 2026 originally granted?
The vesting RSUs trace back to a grant of 15,037 restricted stock units awarded on March 12, 2025. According to the footnotes, these RSUs generally vest in two installments of approximately 50% on each of March 12, 2026 and March 12, 2027.
Under what plan were Sheryl Palmer’s Taylor Morrison (TMHC) RSUs granted?
The RSUs were granted under the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended. This plan governs the issuance of equity-based awards, such as restricted stock units, used by the company to provide long-term incentive compensation to senior executives and other eligible participants.