Palmer Sheryl 4

What Happened
Sheryl Palmer, Chairman, President and CEO of Taylor Morrison Home Corp (TMHC), had 7,518 restricted stock units (RSUs) convert to common shares on March 12, 2026. Of those vested shares, 3,147 were withheld by the issuer to cover tax withholding obligations (reporting code F) for a reported withholding value of $185,232 (at $58.86 per share), leaving a net issuance of 4,371 shares to the Reporting Person. The conversions are reported under derivative/option exercise code M (exercise or conversion of derivative).

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (timely filing).
• Vesting/conversion: 7,518 RSUs converted to shares (code M).
• Tax withholding: 3,147 shares withheld at $58.86/share for $185,232 (code F).
• Net shares issued to insider: 4,371 shares (7,518 − 3,147).
• Footnotes of note:
  • F1/F3 — RSUs settle one-for-one into common stock and shares were withheld to cover tax withholding.
  • F7/F8 — These RSUs were part of a 15,037 RSU award granted March 12, 2025 that vests in two installments (~50% on March 12, 2026 and ~50% on March 12, 2027) under the 2013 Omnibus Equity Award Plan.
  • F2/F4–F6 — Reporting person’s direct holdings were adjusted and some shares are held indirectly through family/estate trusts for which Ms. Palmer serves as adviser/trustee.

Context
This was a routine RSU vesting and tax-withholding transaction (not an open-market buy or sell). Code M indicates conversion/exercise of a derivative (here, RSU settlement), and code F indicates shares withheld to satisfy tax obligations (a cashless settlement mechanism). The filing was submitted within the SEC’s two-business-day window and does not, by itself, indicate a change in Ms. Palmer’s trading stance.