MARIUCCI ANNE L 4
Research Summary
AI-generated summary
Taylor Morrison (TMHC) Director Anne Mariucci Sells Shares
What Happened
Anne L. Mariucci, a director of Taylor Morrison Home Corporation (TMHC), had multiple dispositions on July 24, 2026 tied to the company's acquisition by Berkshire Hathaway. The filing shows cash-outs at $72.50 per share for: 51,287 common shares ($3,718,308); 10,917 common shares ($791,483); 3,287 RSUs (treated as derivative dispositions) ($238,308); and 21,994 DSUs (derivative) ($1,594,565). Total cash received from these conversions/dispositions was $6,342,664. These were dispositions to the issuer under the Merger Agreement (not open-market sales).
Key Details
- Transaction date: July 24, 2026; filing date: July 27, 2026 (timely filed).
- Price per share / Merger Consideration: $72.50 cash per share.
- Individual items reported:
- 51,287 common shares disposed — $3,718,308 (D).
- 10,917 common shares disposed — $791,483 (D).
- 3,287 RSUs converted/cancelled — $238,308 (derivative disposition).
- 21,994 DSUs converted/cancelled — $1,594,565 (derivative disposition).
- Footnotes: Berkshire Hathaway acquired TMHC; each outstanding common share and vested RSU/DSU was converted into the right to receive $72.50 in cash per share. RSUs and DSUs vested and were cash‑settled per the Merger Agreement.
- Shares owned after the transaction: the reported holdings subject to these items were converted/cancelled in the merger; the Form 4 does not report remaining post-transaction share totals beyond these conversions.
Context
These dispositions were part of the company’s sale to Berkshire Hathaway and reflect cash settlements under the merger agreement (disposition code D), not independent open-market selling. RSUs and DSUs are deferred/restricted equity awards that were vested and cash‑settled at closing. Such merger-related conversions are routine administrative transactions and do not by themselves indicate a change in insider sentiment.