Owen Andrea 4

What Happened Owen Andrea, a director of Taylor Morrison Home Corporation, had 41,884 deferred stock units (DSUs) converted into cash and disposed on July 24, 2026. Each DSU was paid out at $72.50 per share as part of the Berkshire Hathaway acquisition, resulting in cash consideration of $3,036,590. This was not an open-market sale by the director but a cash-out of derivative awards triggered by the merger.

Key Details

• Transaction date and price: July 24, 2026 — 41,884 DSUs converted/paid at $72.50 per share.
• Total proceeds: $3,036,590.
• Transaction type/code: Disposition to issuer (D); derivative instrument (DSU) converted and settled in cash.
• Shares owned after transaction: Not specified in the filing for underlying common shares; the DSUs were cancelled upon conversion.
• Footnote: Per the filing, each DSU equaled a contingent right to one share; upon the effective merger of Taylor Morrison into a Berkshire Hathaway subsidiary, all outstanding DSUs vested, were cancelled, and converted into cash equal to number of DSUs × $72.50.
• Filing timeliness: Report filed July 27, 2026 (timely under Form 4 rules following the July 24 transaction).

Context This transaction reflects merger consideration — the DSUs were cashed out as part of Taylor Morrison's acquisition by Berkshire Hathaway, not a discretionary open-market sale. For retail investors, such derivative conversions are routine corporate-event settlements and do not necessarily signal the insider's buying or selling intent regarding the company's stock.