GLIMCHER MICHAEL P 4
Research Summary
AI-generated summary
M/I Homes (MHO) Director Michael Glimcher Receives Award
What Happened Michael P. Glimcher, a director of M/I Homes, Inc. (MHO), was granted 1,573 restricted share units (RSUs) on May 13, 2026. The award is recorded at $0.00 (derivative grant); no cash changed hands. The RSUs are a contingent right to receive one common share per unit upon vesting.
Key Details
- Transaction date: 2026-05-13; Form 4 filed 2026-05-14 (filing appears timely).
- Award: 1,573 restricted share units; acquisition price reported $0.00 (derivative award).
- Plan: Granted under the M/I Homes, Inc. 2018 Long-Term Incentive Plan (as amended).
- Vesting: RSUs vest on the earlier of (i) the next annual meeting of shareholders (if that meeting is at least 50 weeks after May 13, 2026) or (ii) May 13, 2027, subject to continued service as a director.
- Settlement: Vested RSUs will be settled in common shares no later than the 15th day of the third month following vesting, unless deferred under the Director Equity Compensation Deferral Plan.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Nature: Derivative award (A = award/grant); not a purchase or sale of existing shares.
Context Restricted share units are a form of equity compensation that convert to common shares if and when they vest; this grant does not represent an immediate purchase or sale. Director RSU grants are a routine form of compensation and should be interpreted as part of long-term incentive pay rather than a direct market signal.