HENRY KEVIN A 4
Research Summary
AI-generated summary
PulteGroup (PHM) EVP Kevin A. Henry Surrenders 56 Shares for Taxes
What Happened
Kevin A. Henry, EVP and Chief People Officer of PulteGroup (PHM), surrendered 56 common shares to the company to satisfy tax withholding obligations tied to restricted shares that vested. The shares were valued at $125.44 each for a total of $7,025 (transaction reported as a disposition).
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-03 (filed promptly).
- Price: $125.44 per share; Shares surrendered/ disposed: 56; Total value ≈ $7,025.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: shares were surrendered to the issuer to cover tax obligations on common shares on which restrictions lapsed (tax withholding).
- Transaction type/code: F — tax withholding/cashless share surrender (not an open-market sale).
Context
This was an administrative tax-withholding action tied to vesting of restricted stock (shares were surrendered to cover taxes), which is common and does not necessarily reflect a change in the insider’s view of the company. It differs from an open-market sale because shares were returned to the issuer for tax purposes rather than sold on the market.