KAMFAR RAMIN 4
4 · Bluerock Homes Trust, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Bluerock Homes (BHM) CEO Ramin Kamfar Receives 15,894 LTIP Units
What Happened Ramin Kamfar, Chairman, CEO and a director of Bluerock Homes Trust, Inc. (BHM), was granted 15,894 long-term incentive plan units ("LTIP Units") on February 18, 2026. This was an award/compensation transaction (code A); no cash purchase or sale occurred and no per-share price is reported (N/A). The LTIP Units were fully vested upon issuance.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely filing).
- Security/amount: 15,894 LTIP Units (derivative units); price reported as N/A.
- Purpose: Issued in partial satisfaction of the issuer's Base Management Fee for Q4 2025 and to satisfy the Manager’s reimbursement obligation to its affiliate for part of Kamfar’s salary for the quarter ending 12/31/2025.
- Vesting/convertibility: LTIP Units were fully vested at issuance. They may convert to OP Units upon reaching capital-account equivalency with existing OP Units, and thereafter may be redeemed for cash or, at the issuer’s option (and after a one-year holding period), settled in shares of the issuer’s Class A common stock on a one-for-one basis.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Filing appears timely (period of report 2/18/2026; filed 2/20/2026).
Context This was a compensation award (not a market purchase or sale). LTIP Units are derivative compensation that can potentially convert into equity or be redeemed for cash once conditions (capital-account equivalency and any holding period) are met. Such grants reflect company compensation practices rather than immediate insider buying or selling.
Insider Transaction Report
- Award
LTIP Units
[F1]2026-02-18+15,894→ 1,218,506 total→ Class A Common Stock (15,894 underlying)
Footnotes (1)
- [F1]Represents long-term incentive plan units ("LTIP Units") issued in partial satisfaction of the Issuer's Base Management Fee obligation to Bluerock Homes Manager, LLC (the "Manager") for the fourth quarter of 2025 and in satisfaction of the Manager's reimbursement obligation to its affiliate, Bluerock Real Estate Holdings, LLC ("BREH"), for a portion of the salary payable by BREH to the Reporting Person for the quarter ending December 31, 2025 for services provided to the Manager in the Reporting Person's capacity as Chief Executive Officer thereof. These LTIP Units were fully vested upon issuance, and may convert to OP Units upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.