M/I HOMES, INC.·4

May 14, 4:07 PM ET

Brown Yvette McGee 4

Research Summary

AI-generated summary

Updated

M/I Homes (MHO) Director Yvette McGee Receives RSU Award

What Happened
Yvette McGee, a director of M/I Homes, Inc. (MHO), was granted 1,573 restricted share units (RSUs) on May 13, 2026. The filing shows the award as a derivative grant at $0.00 per unit (no cash exchanged). Each RSU represents a contingent right to receive one common share when the units vest.

Key Details

  • Transaction date: 2026-05-13; reported on the Form 4 filed 2026-05-14 (timely filing).
  • Grant: 1,573 RSUs; reported acquisition price $0.00 (derivative award).
  • Vesting: RSUs vest on the earlier of (i) the next annual shareholders’ meeting (provided that meeting is at least 50 weeks after May 13, 2026) or (ii) May 13, 2027, contingent on McGee continuing to serve as a director.
  • Settlement: Vested RSUs will be settled in common shares no later than the 15th day of the third month following vesting, unless a deferral election under the Director Equity Compensation Deferral Plan applies.
  • Shares owned after transaction: Not specified in the provided transaction details.
  • Filing status: Appears timely (filed one day after the grant date).

Context
This is an equity compensation grant to a director—not an open-market purchase or sale. RSU grants are routine director pay and do not immediately transfer stock into the market; they convert to shares only upon vesting per the stated conditions.