Yip Christopher J. 4

4 · Taylor Morrison Home Corp · Filed Jul 27, 2026

AI-generated summary of this filing

Updated Jul 27, 2026

Taylor Morrison (TMHC) Director Christopher J. Yip Sells Shares

What Happened

Christopher J. Yip, a director of Taylor Morrison Home Corporation (TMHC), had his common shares and deferred stock units (DSUs) converted into cash as part of the company’s merger with Berkshire Hathaway. On July 24, 2026 he disposed of 10,930 shares at $72.50 each ($792,425) and 13,295 DSUs (treated as derivative shares) at $72.50 each ($963,888), for a total cash amount of $1,756,313. These dispositions were made to the issuer pursuant to the merger.

Key Details

Transaction date: July 24, 2026; reported on Form 4 filed July 27, 2026 (filed within required two business days).
Price: $72.50 per share (the merger consideration).
Shares/units disposed: 10,930 common shares + 13,295 DSUs = 24,225 total shares/units.
Cash received (total): $792,425 + $963,888 = $1,756,313.
Shares owned after the transaction: Not specified in the provided filing.
Footnotes: F1 — Berkshire Hathaway acquired Taylor Morrison and each share was converted into $72.50 in cash at the merger’s effective time. F2 — DSUs vested, were cancelled and converted into a cash amount equal to the number of DSUs times the merger consideration.
Transaction code: D (disposition to the issuer); one line is reported as derivative (DSUs).

Context

This was not a voluntary open-market sale but a cash-out resulting from an acquisition: outstanding common shares and DSUs were converted into merger consideration. Derivative DSUs did not convert into shares but into cash per the merger terms. Such conversion transactions reflect the corporate event (merger) rather than an insider decision to buy or sell on the open market.

Form 4Exit

Period: 2026-07-24

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-07-24$72.50/sh−10,930$792,425→ 0 total
Disposition to Issuer
Deferred Stock Units
[F2][F1]
2026-07-24$72.50/sh−13,295$963,888→ 0 total
→ Common Stock (13,295 underlying)

Footnotes (2)

[F1]On July 24, 2026, Berkshire Hathaway Inc. ("BHI") acquired Taylor Morrison Home Corporation (the "Issuer") pursuant to an Agreement and Plan of Merger, dated as of May 31, 2026 (the "Merger Agreement"), by and among the Issuer, BHI and WXYZ Merger Sub, Inc., a wholly owned subsidiary of BHI ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of BHI. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.00001 per share, (the "Common Stock") (other than certain excluded shares) automatically converted into the right to receive $72.50 per share in cash (the "Merger Consideration").
[F2]Represents deferred stock units ("DSUs"). Each DSU represents a contingent right to receive one share of Common Stock. Pursuant to the Merger Agreement, each outstanding DSU became immediately vested, was cancelled and converted into the right to receive an amount in cash equal to (x) the number of shares subject to such DSU as of immediately prior to the Effective Time, multiplied by (y) the Merger Consideration.

Signature

/s/ Todd Merrill, as Attorney-in-Fact|2026-07-27

1 file