LAFFER ARTHUR B 4

What Happened
Arthur B. Laffer, a director of VineBrook Homes Trust, Inc., had 2,202 restricted stock units (RSUs) vest and be converted/settled on April 3, 2026; those 2,202 shares were listed as disposed with a reported $0 value. Separately, he was granted 2,187 new RSUs on April 2, 2026 (vests 4/2/2027). The filing reports the RSU conversion/disposition at $0, which typically indicates a net settlement or shares withheld to satisfy tax withholding rather than an open‑market sale for cash.

Key Details

• Transaction dates: RSU grant 4/2/2026 (2,187 RSUs, $0.00 grant value); conversion/settlement 4/3/2026 (2,202 RSUs converted and 2,202 shares disposed at $0.00).
• Prices/values: All reported at $0.00 in the filing; no cash proceeds reported.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes:
  • F1: Each RSU represents a contingent right to one common share.
  • F4: The 2,187 RSUs granted 4/2/2026 vest on 4/2/2027; settlement may occur within 30 days of vesting or in cash at the Compensation Committee’s discretion.
  • F5: The 2,202 RSUs were granted 4/3/2025 and vested 4/3/2026; settlement timing and form are subject to the same rules.
  • F2/F3: Filing notes include shares acquired under a DRIP and that some shares are held indirectly through an LLC controlled by the reporting person.
• Timeliness: The filing does not indicate a late (L) transaction; no late-filing flag is shown.

Context
This was not a reported open-market sale for cash; the $0 disposition alongside RSU conversion commonly reflects net settlement (shares withheld/cancelled to cover taxes or fees) or other non-cash settlement mechanics. The April 2, 2026 grant is a time‑vested RSU award that won’t vest until April 2, 2027 unless otherwise accelerated. As always, RSU grants and net settlements are routine compensation events for insiders and do not by themselves indicate a change in company outlook.