DONDERO JAMES D 4

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.