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Tri Pointe Homes, Inc.·4

Feb 17, 8:22 PM ET

MITCHELL THOMAS J. 4

Research Summary

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Updated

Tri Pointe (TPH) President Thomas Mitchell Receives Awards

What Happened
Thomas J. Mitchell, President and COO of Tri Pointe Homes (TPH), had 180,956 performance-based restricted stock units (RSUs) vest on Feb 12, 2026 and those awards were settled into 180,956 shares. To satisfy tax withholding obligations, 85,785 of those shares were withheld/treated as disposed at $35.67 each for proceeds of $3,059,951. On Feb 17, 2026 Mitchell was also granted 129,589 new RSUs with a grant-date value of $46.30/share (total value $5,999,971); those RSUs vest one-third each year starting on the first anniversary of the grant. The vesting/withholding transactions are not open-market purchases or sales by the insider.

Key Details

  • Transaction dates/prices:
    • 2026-02-12: 180,956 Performance RSUs vested (settled into 180,956 shares) — reported as acquisition at $0.00 (F1).
    • 2026-02-12: 85,785 shares withheld to satisfy taxes — disposed at $35.67 each for $3,059,951 (F2).
    • 2026-02-17: Grant of 129,589 RSUs at $46.30/share, total grant value $5,999,971; vests 1/3 per year starting 1st anniversary (F3).
  • Shares owned after these transactions: total post-transaction holdings are not included in the provided excerpt of the filing.
  • Footnotes of note:
    • F1: Vesting of performance-based RSUs granted Feb 22, 2023, with 180,956 awards determined to have vested based on performance.
    • F2: Shares withheld to satisfy tax withholding (not an open-market sale for investment purposes).
    • F3: New RSUs vest over three years.
    • F4: Some holdings referenced are held by The Mitchell Family Trust.
  • Filing timing: Transactions dated Feb 12 were reported on the Form 4 filed Feb 17; Form 4s are normally due within 2 business days, so this appears to have been filed one business day after that deadline.

Context
Vesting and grant transactions reflect compensation, not an open-market trade. The withholding of shares to cover taxes is a routine administrative step and should not be interpreted as a discretionary sale. The new RSU grant represents future compensation subject to time-based vesting (not immediate share ownership unless/after vesting).