SCHOTTENSTEIN ROBERT H 4
Research Summary
AI-generated summary
M/I Homes (MHO) CEO Robert Schottenstein Receives Award, Sells Shares
What Happened Robert H. Schottenstein, Chairman, CEO & President and a director of M/I Homes (MHO), reported a mix of awards and an open‑market sale. On Feb 11, 2026 he received 25,540 common shares upon vesting of performance share units (settled one‑for‑one) valued at $145.39 each (~$3,713,261) and was granted 24,073 restricted share units (recorded at $0.00). On Feb 12, 2026 he sold 14,974 shares in an open‑market transaction at $146.80 per share, generating $2,198,228. Net immediate change from the vested shares and sale is +10,566 shares; the 24,073 RSUs vest in future installments.
Key Details
- Dates & prices: Feb 11, 2026 — 25,540 vested PSUs at $145.39 (value ≈ $3.71M); Feb 11, 2026 — 24,073 RSUs granted at $0.00; Feb 12, 2026 — 14,974 shares sold at $146.80 for $2,198,228.
- Vesting/award notes: Footnote F1 — the 25,540 shares were PSUs that vested and were settled 1:1; Footnote F3 — the 24,073 restricted share units vest in three equal annual installments beginning Feb 11, 2027.
- Other holdings: Footnote F2 discloses indirect ownership of 36,500; 94,983; and 94,604 shares in various trusts (totaling 226,087 shares). The filing notes the spouse beneficially owns 10,000 shares (disclaimed by the reporting person).
- Timeliness: Report period is Feb 11, 2026 and the Form 4 was filed Feb 13, 2026 — filed within the standard Section 16 reporting window.
Context
- The acquisition entries are compensation awards (vested performance shares and a grant of RSUs), not open‑market purchases; the sale was an open‑market disposal.
- Awards (PSUs/RSUs) are common executive compensation; the RSUs are subject to future vesting. The filing is factual and does not state motivations for the sale (e.g., tax withholding or diversification).