Lane Peter R. 4

What Happened
Peter R. Lane, a director of Taylor Morrison Home Corporation, had 77,191 deferred stock units (DSUs) converted into cash and disposed on July 24, 2026. Each DSU was converted at $72.50 per share as part of Berkshire Hathaway’s acquisition of Taylor Morrison, producing total consideration of $5,596,348. This was a disposition of derivative awards tied to the company’s merger, not an open-market sale of previously held common shares.

Key Details

• Transaction date: July 24, 2026; per-share price: $72.50.
• Amount: 77,191 DSUs converted; total proceeds $5,596,348.
• Transaction type/code: Disposition to the issuer (D) of a derivative (DSUs).
• Shares/units after transaction: DSUs were cancelled upon conversion; the filing does not disclose Mr. Lane’s remaining common stock holdings.
• Footnote: DSUs immediately vested, were cancelled and converted into cash pursuant to the Merger Agreement when Berkshire Hathaway’s Merger Sub merged with Taylor Morrison.
• Filing timeliness: Form 4 filed on July 27, 2026 for the July 24, 2026 transaction (filed within the required reporting window).

Context
This was a routine settlement of deferred equity awards triggered by an acquisition. DSU conversions in an M&A are distinct from voluntary open-market sales and generally reflect the merger consideration paid to holders of deferred units rather than a discretionary liquidity event by the insider.