Yip Christopher J. 4
4 · Taylor Morrison Home Corp · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Taylor Morrison (TMHC) Director Christopher J. Yip Receives 408 Deferred Units
What Happened Christopher J. Yip, a director of Taylor Morrison Home Corp. (TMHC), was awarded 408 deferred stock units on March 31, 2026. The grant is recorded as a derivative award (no cash price reported). These deferred stock units represent contingent rights to receive one share of common stock each and were granted under the company’s Non‑Employee Director Deferred Compensation Plan.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
- Award: 408 deferred stock units (derivative award); price not applicable / not reported.
- Settlement: Units convert to common shares upon the earlier of (i) September 1, 2028, (ii) the director’s separation from service, or (iii) a change in control.
- Program: Units were acquired pursuant to the Non‑Employee Director Deferred Compensation Plan (directors may elect to defer cash retainers and fees).
- Shares owned after transaction: not specified in this filing.
Context This was an award of deferred compensation rather than an open‑market purchase or sale. Deferred stock units are a common way to pay directors and do not immediately increase tradable shares until settlement; they are typically routine and should not be interpreted as a direct buy/sell signal by themselves.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-03-31+408→ 9,677 total→ Common Stock (408 underlying)
Footnotes (2)
- [F1]Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units will be settled in shares of Common Stock upon the earlier of (i) September 1, 2028, (ii) the reporting person's separation from service on the Company's board of directors, or (iii) a change in control.
- [F2]The deferred stock units were acquired by Mr. Yip pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer all or a portion of their cash retainer and committee fees.