Millrose Properties, Inc.·4

May 13, 4:40 PM ET

Gorson Matthew B. 4

Research Summary

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Millrose (MRP) Director Matthew B. Gorson Receives RSU Award

What Happened Matthew B. Gorson, a director of Millrose Properties, Inc. (MRP), was granted 5,639 restricted stock units (RSUs) on May 13, 2026. The RSUs were awarded at $0.00 per unit (no cash paid) and will convert 1-for-1 into Class A common shares upon vesting. This is an equity award (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-13; transaction type: Award/Grant (code A).
  • Shares/units granted: 5,639 RSUs; reported price: $0.00 per unit (no cash consideration).
  • Shares owned after transaction: not disclosed in this filing.
  • Vesting: RSUs vest 1-for-1 into Class A common stock on the earlier of (i) the first anniversary of the grant or (ii) the issuer’s next annual stockholder meeting, subject to Mr. Gorson’s continuous service as a director through vesting (see footnote).
  • Filing timeliness: filed on 2026-05-13 (same date as the grant) — no late filing indicated.

Context RSU grants are routine compensation for directors and employees and do not involve an immediate cash outlay or open-market trading. Because these RSUs vest in the future and require continued service, they do not directly signal an immediate buy or sell decision by the insider.