CREEK PHILLIP G 4

What Happened
Phillip G. Creek, a director and former Vice President & CFO of M/I Homes, exercised a total of 11,000 stock options (strike $42.23) and then sold all 11,000 shares in open-market transactions. He paid $464,530 to exercise the options (96 shares on 2026-01-30 and 10,904 shares on 2026-02-02) and received gross sale proceeds of about $1,474,162 (sales at $135.69 and $134.00). The filing also shows derivative lines with $0.00 disposed, reflecting conversion/surrender of option awards upon exercise. Net proceeds before taxes and fees are roughly $1.01M (sale proceeds minus exercise cost).

Key Details

• Transaction dates/prices:
  • 2026-01-30: exercised 96 options at $42.23 (cost $4,054); sold 96 shares at $135.69 (proceeds $13,026)
  • 2026-02-02: exercised 10,904 options at $42.23 (cost $460,476); sold 10,904 shares at $134.00 (proceeds $1,461,136)
• Total exercised: 11,000 shares; total exercise cost: $464,530; total gross sale proceeds: $1,474,162.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — the options vested on 02/18/2025.
• The filing (Accession 0001204733-26-000002) was submitted 2026-02-03; no late‑filing flag is indicated in the excerpt.
• No 10% owner status or 10b5-1 plan is disclosed in the provided details.

Context
This is an option exercise followed by immediate open‑market sale (a cashless exercise/liquidity transaction). Such transactions are common for insiders converting vested option value into cash and do not, by themselves, indicate the insider’s future view of the company. The $0.00 derivative disposal entries reflect the options being converted/surrendered upon exercise.