Taylor Morrison Home Corp·4

Jul 27, 4:15 PM ET

Ostis Heather C 4

Research Summary

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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.