Merrill Stevin Todd 4

What Happened
Merrill Stevin Todd, EVP, CLO & Secretary of Taylor Morrison Home Corp (TMHC), had 551 restricted stock units (RSUs) vest on February 18, 2026. The company issued 551 shares upon settlement; 178 of those shares were withheld to cover tax withholding obligations at $67.43 per share, totaling $12,003. Net delivered to Todd was 373 shares. This was an RSU settlement (award vesting), not an open‑market sale.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (timely filing).
• Shares issued on vesting: 551 shares (conversion of RSUs).
• Shares withheld for taxes: 178 shares at $67.43 each, total $12,003 (tax withholding).
• Net shares retained by insider: 373 shares (551 issued − 178 withheld).
• Grant/plan details: RSUs were granted on Feb 18, 2025 (1,655 RSUs) and vest in three ~33.33% installments; issued under the Taylor Morrison 2013 Omnibus Equity Award Plan.
• Transaction codes: M = conversion of derivative (RSU settlement); F = shares withheld to satisfy tax obligations.

Context
This is a routine vesting/settlement of previously granted RSUs (one‑third of a 1,655 RSU grant). The withholding of shares to pay taxes is a common administration step and does not represent a market sale. No cash purchase or open‑market sale by the insider was reported in this filing.