Ostis Heather C 4
4 · Taylor Morrison Home Corp · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Taylor Morrison (TMHC) Director Heather Ostis Receives RSU Award, Converts Shares
What Happened
Heather C. Ostis, a director of Taylor Morrison Home Corp. (TMHC), was granted 3,287 restricted stock units (RSUs) on May 21, 2026. The RSUs vested on May 21, 2026 (per the filing). On that date 3,096 derivative units were converted/exercised into shares and an equal number (3,096) were disposed the same day. The filing does not disclose transaction prices or total dollar values (listed as N/A).
Key Details
- Transaction date(s): May 21, 2026; Form 4 filed May 26, 2026.
- Items reported: A = Grant/Award of 3,287 RSUs; M = Exercise/conversion of derivative for 3,096 shares (acquired) and 3,096 shares (disposed).
- Prices/values: Not disclosed in the Form 4 (N/A).
- Shares owned after transaction: Not specified in the reported items on this Form 4.
- Footnotes of note:
- F1: Each RSU represents a contingent right to one share of common stock.
- F2: RSUs vest on the earlier of the first anniversary of grant or the company’s next annual meeting.
- F3: RSUs granted under the Taylor Morrison 2013 Omnibus Equity Award Plan.
- F4: The RSUs vested on May 21, 2026.
- Timeliness: The Form 4 was filed May 26, 2026; given the two-business-day SEC deadline for insiders, this appears to be filed one business day late.
Context
Restricted stock units are a grant that converts into shares upon vesting; the filing shows conversion/exercise of 3,096 units into shares and an immediate disposal of the same number. The Form does not specify whether the disposed shares were sold in the market or withheld/transferred to cover tax withholding or other obligations, nor does it show prices/value, so no dollar amounts can be inferred from this filing. This filing documents standard equity compensation activity for a director rather than an open-market buy or sell decision.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-21+3,096→ 3,096 total - Award
Restricted Stock Units
[F1][F3][F2]2026-05-21+3,287→ 6,383 total→ Common Stock (3,287 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]2026-05-21−3,096→ 3,287 total→ Common Stock (3,096 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F2]The restricted stock units shall be vested upon the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Company's annual meeting of stockholders immediately following the date of grant.
- [F3]The restricted stock units were granted to Ms. Ostis in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
- [F4]The restricted stock units vested on May 21, 2026.