M/I HOMES, INC.·4

Feb 11, 4:14 PM ET

SCHOTTENSTEIN ROBERT H 4

Research Summary

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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.