Lobner Timothy J. 4

What Happened

• Timothy J. Lobner, COO of Invitation Homes, was granted two awards of restricted stock units (RSUs) on March 1, 2026 totaling 248,862 RSUs (21,071 and 227,791 shares). On the same date, 3,049 shares were withheld (disposed) to satisfy tax withholding, recorded at $26.34 per share for total consideration of $80,311. The RSU grants are recorded at $0 acquisition price (standard for awards).

Key Details

• Transaction date: March 1, 2026; filing date: March 3, 2026 (filed within the usual 2-business-day window).
• Withheld/disposed shares: 3,049 shares (730 + 808 + 1,511) at $26.34 each = $80,311 (footnote: $26.34 is the closing price on Feb 27, 2026).
• Grants: 21,071 RSUs (vest in three equal annual installments beginning March 1, 2027) and 227,791 RSUs (vest 65% on March 1, 2029 and 35% on March 1, 2030).
• Shares owned after the transaction: not specified in the filing.
• Disposal code: F (tax withholding for vested RSUs) — a routine withholding, not an open‑market sale.

Context

• This filing reflects new RSU awards and routine share withholding to cover tax obligations on vesting. The withheld shares are not an indication of a discretionary sale of stock for investment reasons. The grants vest over multiple future dates per the schedules above.