Warren Denise 4

What Happened
Denise Warren, a director of Taylor Morrison Home Corp (TMHC), had 35,138 total shares/units converted into cash under the company’s merger with Berkshire Hathaway. The filing shows: 3,096 common shares cashed out and two derivative items — 3,287 restricted stock units (RSUs) and 28,755 deferred stock units (DSUs) — all paid at $72.50 per share. Proceeds total $2,547,506 and the transactions are reported as dispositions to the issuer (cash settlements under the merger).

Key Details

• Transaction date: July 24, 2026. Report filed July 27, 2026 (timely).
• Price per share/unit: $72.50.
• Breakdown and values: 3,096 shares → $224,460; 3,287 RSUs → $238,308; 28,755 DSUs → $2,084,738. Total ≈ $2.55M.
• Transaction type: D = disposition to issuer (cash-out under the merger). RSUs/DSUs vested, were cancelled and converted into cash per the Merger Agreement.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes: Merger closed on July 24, 2026; each outstanding RSU/DSU became vested and was converted to cash equal to (# units × $72.50).

Context
These were not open-market sales but cash settlements resulting from Berkshire Hathaway’s acquisition of Taylor Morrison (each share converted into $72.50 cash). Such merger-related cash conversions are routine corporate actions and do not by themselves indicate the insider’s view of the company’s future stock performance.