DONDERO JAMES D 4

4 · VINEBROOK HOMES TRUST, INC. · Filed Feb 19, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

VineBrook Homes Director James Dondero Exercises RSUs (34,632.5)

What Happened

James D. Dondero, a director of VineBrook Homes Trust, Inc., had 34,632.5 restricted stock units (RSUs) vest on February 17, 2026. The filing reports an exercise/conversion of derivative (code M): 34,632.5 shares acquired and simultaneously 34,632.5 shares disposed at $0.00. Reported cash value for the disposed shares is $0.

Key Details

Transaction date: 2026-02-17; Filing date: 2026-02-19 (filed within the Form 4 two-business-day deadline).
Reported activity: Exercise/conversion of derivative (M) — 34,632.5 shares acquired and 34,632.5 shares disposed at $0.00.
Shares owned after transaction: not listed in the excerpt of the filing.
Relevant footnotes:
- F1: Each RSU represents a contingent right to one share.
- F3: The RSUs were from a Feb 17, 2022 grant of 55,412 RSUs that vested in installments; five-eighths (34,632.5) vested on Feb 17, 2026. Settlement generally occurs within 10 days and may be cash-settled at the Compensation Committee’s discretion.
The disposal at $0.00 commonly reflects shares withheld or surrendered to satisfy tax withholding or settlement requirements (consistent with RSU settlement practices), not an open-market sale.

Context

This was a vesting/settlement of RSUs, not a purchase or market sale by the insider; it does not directly signal a buy or sell decision. For RSU settlements, it’s common for a portion or all of the vested shares to be withheld to cover taxes or to be cash-settled, which appears to be the case here.

Form 4

Period: 2026-02-17

Director

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-02-17+34,632.5→ 235,906.045 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-17−34,632.5→ 0 total
→ Common Stock (34,632.5 underlying)

Footnotes (3)

[F1]Each restricted stock unit represents a contingent right to receive one share of common stock of VineBrook Homes Trust, Inc. (the "Issuer").
[F2]Includes shares of common stock acquired under the distribution reinvestment plan of the Issuer.
[F3]On February 17, 2022 the reporting person was granted 55,412 restricted stock units. The restricted stock units vested one-eighth on February 17, 2023, one-eighth on February 17, 2024, one-eighth on February 17, 2025 and five-eighths on February 17, 2026, which was the final time vesting date. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Signature

/s/ Paul Richards, as attorney-in-fact for James Dondero|2026-02-19

1 file