Vohs Christopher J. 4

What Happened
Christopher J. Vohs, CFO and Treasurer of Bluerock Homes Trust, received a grant of 4,529 long-term incentive plan units ("LTIP Units") in the issuer's operating partnership on April 1, 2026. The award is a derivative grant (no cash paid; price not applicable) and no immediate Class A common shares were issued.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (filing appears timely).
• Transaction type: Award/Grant of derivative LTIP Units (Code A). Quantity: 4,529 units. Price: N/A.
• Shares/units owned after transaction: Not specified in the filing.
• Footnote summary:
  • F1: LTIP Units were issued to satisfy a reimbursement by the Manager to an affiliate for the portion of the annual equity incentive award payable to Vohs for his services; LTIP Units vest ratably annually over three years beginning 4/01/2026.
  • F2: Once vested, LTIP Units may convert to limited partnership (“OP”) interests when capital-equivalency is met; they may then be redeemed for cash or, at the issuer’s option (after a one-year holding period), converted one-for-one into Class A common stock. The holder will receive distribution equivalents on the LTIP Units in line with Class A distributions.

Context
This is a compensation-related equity award (routine for executives) rather than a market purchase or sale. LTIP Units are a derivative form of equity that may convert to economic interests or shares in the future and will provide distribution equivalents; they do not represent immediate voting common shares.