Terracciano Joseph 4

What Happened Joseph Terracciano, Chief Accounting Officer of Taylor Morrison Home Corp. (TMHC), had 191 restricted stock units (RSUs) settle on February 18, 2026. The company issued 191 shares for the vested RSUs; 62 of those shares were withheld by the issuer to cover tax withholding at $67.43 per share (total withholding $4,181). After withholding, Terracciano received 129 net shares with a gross value of roughly $12,879 and a net value of about $8,698 based on the reported $67.43 price.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (timely).
• What occurred: RSU settlement (reported under derivative code M); tax withholding reported under code F.
• Shares involved: 191 RSUs vested and converted to 191 shares; 62 shares withheld for taxes; 129 shares delivered to the insider.
• Withholding amount: 62 shares × $67.43 = $4,181 (reported as payment of tax liability).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: RSUs were part of a 575-RSU grant on Feb 18, 2025 vesting ~1/3 on Feb 18 of 2026–2028 (Taylor Morrison 2013 Omnibus Equity Award Plan). Exhibit 24 (Power of Attorney) referenced.

Context

• This was a routine RSU vesting and withholding for taxes (common practice), not an open-market sale or purchase signal. The filing shows conversion/settlement of RSUs rather than a discretionary buy or sell.
• Transaction codes: M = exercise/conversion of a derivative (here, RSU settlement into stock); F = shares withheld to cover tax withholding.
• No indication of a 10% owner transaction or a 10b5-1 selling plan in the filing.