KAVANAUGH SCOTT F 4
4 · VINEBROOK HOMES TRUST, INC. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
VineBrook Director Scott Kavanaugh Receives RSU Award; 2,202 Converted
What Happened
- Scott F. Kavanaugh, a director of VineBrook Homes Trust, Inc., received a grant of 2,187 restricted stock units (RSUs) on April 2, 2026 and had 2,202 RSUs vest/convert on April 3, 2026. The grant was reported as an award (code A) at $0.00; the vesting/conversion was reported as an exercise/conversion of a derivative (code M) with $0.00 shown for the transferred shares.
- These were not open-market purchases or sales for cash — they are compensation-related RSU activity and a conversion/settlement of previously granted RSUs. No cash value or market-sale proceeds are reported in the filing.
Key Details
- Transaction dates: Grant on 2026-04-02 (2,187 RSUs); vest/convert on 2026-04-03 (2,202 RSUs).
- Prices/values reported: $0.00 for the award and $0.00 for the conversion/disposition entries in the filing (typical for RSU grants/settlements when no open-market cash trade is reported).
- Shares owned after transaction: Not specified in the provided filing data.
- Notable footnotes:
- F1: Each RSU represents a contingent right to receive one share of common stock.
- F3: The 2,187 RSUs granted 4/2/2026 vest on 4/2/2027 and will generally settle within 30 days of vesting (may be settled in cash at the Compensation Committee's discretion).
- F4: The 2,202 RSUs were originally granted 4/3/2025, vested 4/3/2026, and were settled per the filing.
- F2: Some shares are held in a defined benefit plan for the reporting person (the filing shows a conversion/disposition consistent with plan transfer).
- Timeliness: Filing date 2026-04-06 for transactions on 2026-04-02 and 04-03 appears to be within standard Form 4 reporting windows (not indicated as late).
Context
- RSUs are compensation awards (not market purchases) that convert into shares upon vesting; the conversion here was reported as an exercise/conversion (derivative transaction code M). The filing shows conversion/settlement and an immediate transfer disposition entry rather than an open-market sale, which is consistent with settlement into a plan or internal transfer.
- Such grants and vesting events are routine director compensation and do not alone indicate a buy or sell decision in the open market.
Insider Transaction Report
Form 4
KAVANAUGH SCOTT F
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-03+2,202→ 13,147 total - Award
Restricted Stock Units
[F1][F3]2026-04-02+2,187→ 2,187 total→ Common Stock (2,187 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-04-03−2,202→ 0 total→ Common Stock (2,202 underlying)
Holdings
- 20,724.679(indirect: By Benefit Plan)
Common Stock
[F2]
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]These shares are held in a defined benefit plan for the benefit of the reporting person.
- [F3]On April 2, 2026, the reporting person was granted 2,187 restricted stock units, which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- [F4]On April 3, 2025, the reporting person was granted 2,202 restricted stock units, which vested on April 3, 2026. Settlement will generally occur within 30 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 Scott Kavanaugh|2026-04-06