Koart Matthew William 4

What Happened

• Matthew Koart, Executive Vice President & COO of PulteGroup (PHM), received stock-settled performance awards totaling 36,952 shares (28,350 + 8,602) that vested. To cover tax obligations he surrendered 13,246 shares (valued at $130.87 each, $1,733,438). He also sold 15,309 shares in an open-market transaction at an average weighted price of $135.79 for proceeds of $2,078,855. Net from these award-related transactions: 8,397 shares retained. Total proceeds realized from the share disposals were approximately $3.81 million.

Key Details

• Transaction dates: awards and tax-withholding recorded 2026-02-04; open-market sale recorded 2026-02-06. Filing date: 2026-02-06.
• Prices and values: tax-surrender 13,246 shares @ $130.87 = $1,733,438; open-market sale 15,309 shares @ avg $135.79 = $2,078,855. Open-market sale prices ranged $135.73–$135.93 (weighted average reported).
• Nature of transactions: A = awards/grant (stock-settled performance award under the 2019 Senior Management Incentive Plan), F = shares surrendered to cover tax obligations, S = open-market sale.
• Shares owned after transaction: the filing does not state total beneficially owned. From these awards, Koart retained 8,397 shares after withholding and sales.
• Footnotes: grants were fully vested/issued to settle a performance award; surrendered shares covered tax withholding; sale price reported as weighted average with a price range; reporting person will provide detailed per-price breakdown on request.
• Timeliness: filing appears timely (transactions on Feb 4–6, filed Feb 6, 2026).

Context

• This was a settlement of vested performance awards (stock-settled), followed by tax-withholding via share surrender and a partial open-market sale. Surrendering shares for taxes and selling vested award shares are common, routine insider actions and do not, by themselves, indicate the insider’s broader market outlook.