SOLL BRUCE A 4
Research Summary
AI-generated summary
M/I Homes (MHO) Director Bruce A. Soll Receives Phantom Stock Award
What Happened
Bruce A. Soll, a member of M/I Homes' Board of Directors, received an award of 223 phantom stock units on 2026-02-11. The units are valued at $145.39 each, for a total reported value of approximately $32,422. This was an award (grant) of derivative units under the company’s director compensation/deferral arrangement—not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-02-11 — Grant/Award (code A), derivative phantom stock units.
- Price used for valuation: $145.39 per unit; total value ≈ $32,422.
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Footnotes from the filing:
- F1: Units were granted as payment under the M/I Homes Director Deferral Plan.
- F2: 1-for-1 conversion ratio (one phantom unit = one common share).
- F3: Units accrue and will be settled in common shares upon the director’s specified distribution date or upon termination of board service.
- Filing timeliness: Form 4 was filed 2026-02-12 for the 2026-02-11 grant (appears timely under standard Form 4 rules).
Context
Phantom stock units are a form of deferred compensation that will convert to common shares (per the 1-for-1 note) when settled; they do not represent an immediate cash purchase or open-market trade. Such grants are routine for board members and reflect compensation, not necessarily a signal of personal buying or selling intent.