DONDERO JAMES D 4
4 · VINEBROOK HOMES TRUST, INC. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
VineBrook Director James Dondero Receives RSU Grant, Converts RSUs
What Happened James D. Dondero, a director of VineBrook Homes Trust, Inc., received a grant of 95,003 restricted stock units (RSUs) on April 2, 2026. On April 3, 2026 he converted/exercised previously granted RSUs that vested into common shares — 18,758.25 shares (from a 75,033 RSU grant) and 7,824.375 shares (from a 62,595 RSU grant) — and those converted shares were reported as disposed the same day. All transactions show $0.00 reported price/value (typical for RSU settlement or conversion events).
Key Details
- Transaction dates: April 2, 2026 (95,003 RSU grant); April 3, 2026 (conversion/exercise and same-day disposition of 18,758.25 and 7,824.375 shares).
- Prices/values reported: $0.00 for the RSU grant and $0.00 for the conversions/dispositions (no cash amount reported).
- Shares converted/disposed on Apr 3, 2026 total ≈ 26,582.625 shares (18,758.25 + 7,824.375).
- Filing date: April 6, 2026; covering transactions on Apr 2–3, 2026 — appears to be filed within normal Form 4 timing requirements.
- Footnotes: Each RSU represents a contingent right to one share. The 95,003 RSUs granted on Apr 2, 2026 vest in four installments between Apr 2, 2027 and Feb 15, 2030; prior RSU grants (from 2024 and 2025) had partial vesting that generated the shares converted on Apr 3. Settlement generally occurs within 10 days of vesting and may be cash-settled at the Compensation Committee's discretion.
- Shares owned after the transactions: not specified in this filing.
Context
- These transactions primarily reflect RSU grants and the conversion/settlement of vested RSUs rather than open-market purchases or cash sales. Conversions from RSUs to shares frequently show no cash price on Form 4; in this case the vested portions of earlier grants were converted and reported as disposed on the same day.
- RSU grants and scheduled vesting are compensation events and do not necessarily signal a personal buying or selling decision; they are common for executives and directors as part of pay programs.
Insider Transaction Report
Form 4
DONDERO JAMES D
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-03+18,758.25→ 254,664.295 total - Exercise/Conversion
Common Stock
[F1]2026-04-03+7,824.375→ 262,488.67 total - Award
Restricted Stock Units
[F1][F2]2026-04-02+95,003→ 95,003 total→ Common Stock (95,003 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-04-03−18,758.25→ 56,274.75 total→ Common Stock (18,758.25 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-04-03−7,824.375→ 46,946.25 total→ Common Stock (7,824.375 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of VineBrook Homes Trust, Inc. (the "Issuer").
- [F2]On April 2, 2026, the reporting person was granted 95,003 restricted stock units, which will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- [F3]On April 3, 2025, the reporting person was granted 75,033 restricted stock units, which vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- [F4]On April 3, 2024, the reporting person was granted 62,595 restricted stock units, which vested one-eighth on April 3, 2025 and one-eighth on April 3, 2026 and will vest one-eighth on April 3, 2027, and one-eighth on April 3, 2028; the remaining half of the restricted stock units will vest upon the earlier to occur: the date of the closing of the initial public offering of the Issuer, the listing of Issuer common stock on a national securities exchange or the final time vesting date of April 3, 2028. 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|2026-04-06