SCHOTTENSTEIN ROBERT H 4
4 · M/I HOMES, INC. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
M/I Homes (MHO) CEO Robert Schottenstein Exercises Options and Sells Shares
What Happened
Robert H. Schottenstein, Chairman, CEO & President of M/I Homes (MHO), exercised 20,000 stock options at $42.23 per share (cost = $844,600) on Feb 10, 2026 and sold 20,000 common shares in an open market transaction for a weighted average price of $144.47 per share (proceeds ≈ $2,889,342). The filing also shows a separate line disposing of 20,000 shares at $0.00 (a derivative disposition).
Key Details
- Transaction date: 2026-02-10. Filing date: 2026-02-11 (timely).
- Option exercise (code M): 20,000 shares acquired at $42.23; options vested Feb 18, 2025 (Footnote F3).
- Open-market sale (code S): 20,000 shares sold at a weighted average price of $144.47; total proceeds ≈ $2,889,342. Sale prices ranged $144.36–$145.09 (Footnote F2).
- Derivative disposition: 20,000 shares reported disposed at $0.00 on the same date (listed separately). Such lines often reflect share surrender to cover exercise costs or withholding.
- Shares owned after the transactions: not specified on the excerpt of this filing. Footnote F1 lists indirect holdings totaling 226,087 shares (via trusts) and notes the spouse beneficially owns 10,000 shares (disclaimed by the reporting person).
Context
This was an option exercise combined with an immediate open-market sale of shares. Retail investors often view purchases as more informative than routine option exercises followed by sales; exercises + same-day sales commonly reflect liquidity/tax-management activity rather than a directional insider investment. The filing is timely and includes standard footnotes explaining vesting and the weighted-average sale price range.
Insider Transaction Report
- Exercise/Conversion
Common Shares
[F1]2026-02-10$42.23/sh+20,000$844,600→ 333,874 total - Sale
Common Shares
[F2][F1]2026-02-10$144.47/sh−20,000$2,889,342→ 313,874 total - Exercise/Conversion
Option to Purchase Common Shares
[F3]2026-02-10−20,000→ 0 totalExercise: $42.23Exp: 2030-02-18→ Common Shares (20,000 underlying)
Footnotes (3)
- [F1]The reporting person also indirectly owns 36,500 common shares as sole trustee and sole annuitant of the Robert H Schottenstein 2025 Three-Year GRAT, 94,983 common shares as sole trustee and sole beneficiary of the Irving E. Schottenstein No. 2 GST Exempt Trust and 94,604 common shares as sole trustee and sole beneficiary of the Irving E. Schottenstein No. 2 GST Nonexempt Trust. The spouse of the reporting person beneficially owns 10,000 common shares of which the reporting person disclaims beneficial ownership, and this report shall not be deemed as admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F2]The reported price is a weighted average price. These shares were sold un multiple transactions at prices ranging from $144.36 to $145.09, inclusive. The reporting person undertakes to provide to M/I Homes, Inc., any security holder of M/I Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote to this Form 4.
- [F3]The options described on this line vested February 18, 2025.