Ostis Heather C 4
4 · Taylor Morrison Home Corp · Filed Jul 27, 2026
Research Summary
AI-generated summary of this filing
Taylor Morrison (TMHC) Director Heather Ostis Sells 6,383 Shares
What Happened
Heather C. Ostis, a director of Taylor Morrison Home Corporation (TMHC), disposed of a total of 6,383 shares on July 24, 2026 for $72.50 per share, receiving aggregate proceeds of $462,768. The transactions consist of a 3,096-share disposition (cash to issuer) for $224,460 and a 3,287-share derivative disposition (RSU cash-out) for $238,308. These were disposals (sales) driven by the company’s merger with Berkshire Hathaway, not open-market trading.
Key Details
- Transaction dates and prices: July 24, 2026 — 6,383 shares at $72.50 per share (total $462,768).
- 3,096 shares: Disposition to issuer (D) — $224,460.
- 3,287 shares: Disposition to issuer (D), derivative/RSU-related — $238,308.
- Footnotes of note:
- F1: Berkshire Hathaway completed a merger on July 24, 2026; each TMHC share converted into $72.50 in cash.
- F2/F3: The 3,287-share entry represents restricted stock units (RSUs) that immediately vested, were cancelled, and converted into cash equal to the number of RSU shares × $72.50.
- Filing timeliness: Reported on July 27, 2026 for transactions on July 24, 2026—filed within the typical Form 4 reporting window (not indicated as late).
- Shares owned after transaction: Not specified in the provided filing details.
Context
- These were merger-driven cash-outs (conversion of common stock and vested RSUs) rather than voluntary open-market sales; such transactions are routine when a company is acquired.
- The derivative entry reflects RSUs being settled for cash at the merger price—not an option exercise or separate market trade.
- As always, merger-related dispositions reflect the deal terms and do not necessarily indicate the insider’s ongoing view of the business.
Insider Transaction Report
Form 4Exit
Ostis Heather C
Director
Transactions
- Disposition to Issuer
Common Stock
[F1]2026-07-24$72.50/sh−3,096$224,460→ 0 total - Disposition to Issuer
Restricted Stock Units
[F2][F1][F3]2026-07-24$72.50/sh−3,287$238,308→ 0 total→ Common Stock (3,287 underlying)
Footnotes (3)
- [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 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock.
- [F3]Pursuant to the Merger Agreement, each outstanding RSU became immediately vested, was cancelled and converted into the right to receive an amount in cash equal to (x) the number of shares of Common Stock subject to such RSU 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