American Homes 4 Rent·4

May 14, 5:18 PM ET

CORRIGAN JACK E 4

Research Summary

AI-generated summary

Updated

AMH Director Jack Corrigan Buys Shares and Receives RSUs

What Happened

  • Jack E. Corrigan, a director (non-management trustee) of American Homes 4 Rent (AMH), made open-market/private purchases and received an equity award. He purchased a total of 1,600 shares across May 12–13 for about $37,199 (details below) and was granted 5,421 restricted share units (RSUs) on May 14 valued at $0 on grant (compensation award).

Key Details

  • Purchases (code P): May 12 — 6 shares @ $23.00 ($138); May 13 — 94 shares @ $23.25 ($2,186), 400 shares @ $23.25 ($9,300), 1,000 shares @ $23.25 ($23,250), 100 shares @ $23.25 ($2,325). Total purchased: 1,600 shares for ~$37,199.
  • Award (code A): May 14 — 5,421 restricted share units granted as non-management trustee compensation (no cash price on grant).
  • Footnotes: F1 — RSUs vest in full on the earlier of (i) one year from grant or (ii) the next annual shareholders’ meeting. F2 — some purchases were made by an LLC formed for the benefit of the reporting person and family; Corrigan is the manager.
  • Shares owned after transaction: Not specified in the filing.
  • Timeliness: Filing dated May 14 for transactions through May 12–14; appears timely (Form 4 is generally due within two business days).

Context

  • Purchases (P) are outright buys — often viewed as a stronger signal than routine sales, though filings are factual and do not state motivation. The RSU grant (A) is compensation for service as a non-management trustee and vests per the schedule in F1.