Lynch Kathleen B. 4
4 · Millrose Properties, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Millrose Properties (MRP) Director Kathleen Lynch Receives RSU Award
What Happened
Kathleen B. Lynch, a director of Millrose Properties, Inc. (MRP), received an award of 5,639 restricted stock units (RSUs) on May 13, 2026. The RSUs were granted at a $0.00 acquisition price (standard for awards) and will convert into 5,639 shares of Class A Common Stock on a 1-for-1 basis upon vesting. This is an equity grant (code A), not a purchase or sale.
Key Details
- Transaction date: 2026-05-13; Transaction type: Award (RSUs); Price reported: $0.00.
- Number of RSUs granted: 5,639 (each converts to one Class A share upon vesting).
- Shares owned following transaction: not specified in the provided filing.
- Vesting terms (footnote): RSUs vest upon the earlier of (i) the first anniversary of the grant or (ii) the Issuer’s next annual stockholder meeting, subject to Lynch’s continuous service as a director through the vesting date.
- Filing timeliness: Report filed on 2026-05-13 for a 2026-05-13 transaction — appears timely; no late-filing indicator noted.
Context
RSU grants are compensation and typically become taxable when they vest and convert to shares. This award does not represent an open-market purchase or sale and does not by itself indicate the insider is buying or selling stock for trading purposes.
Insider Transaction Report
Form 4
Lynch Kathleen B.
Director
Transactions
- Award
Class A Common Stock
[F1]2026-05-13+5,639→ 21,600 total
Footnotes (1)
- [F1]On May 13, 2026, Millrose Properties, Inc. (the "Issuer") granted 5,639 restricted stock units ("RSUs") to the reporting person under the Issuer's 2024 Omnibus Incentive Plan. Such RSUs will vest into shares of Class A Common Stock of the Issuer on a 1-for-1 basis upon the earlier of (i) the first anniversary of the date of the grant and (ii) the date of the Issuer's annual stockholder meeting that next follows the date of the grant, subject to the reporting person's continuous service as a director of the Issuer from the date of the grant through the vesting date.
Signature
/s/ Rachel Presa, attorney-in-fact|2026-05-13