Bluerock Homes (BHM) President Ruddy Receives LTIP Award

What Happened
Ruddy Jordan B., President of Bluerock Homes Trust, Inc. (BHM), was granted 7,043 long‑term incentive plan units ("LTIP Units") on August 13, 2026. The award was made in partial satisfaction of the issuer's base management fee and to reimburse an affiliate for a portion of the reporting person's salary. No cash price is reported because this was an award (derivative instrument), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-13 (reported on Form 4 filed 2026-08-14).
• Transaction type/code: A — Grant/Award (derivative LTIP Units).
• Quantity: 7,043 LTIP Units; price: N/A.
• Shares/units owned after transaction: not disclosed in this filing.
• Footnote: LTIP Units were fully vested at issuance; they may convert to OP Units upon achieving capital account equivalency and thereafter can be redeemed for cash or, after a one‑year holding period, settled in Class A common stock on a one‑for‑one basis (at the issuer's option).
• Timeliness: Filing appears timely (reported the business day after the transaction).

Context
This is a compensation award, not an open‑market trade. Such grants are routine for management compensation and do not by themselves indicate the insider is buying or selling company stock. The LTIP Units are derivative instruments with conversion and holding‑period provisions that determine whether and when they may become common shares or cash.