DONDERO JAMES D 4

What Happened James D. Dondero, a director of VineBrook Homes Trust, Inc., converted/exercised 7,328.625 derivative awards on April 11, 2026. The filing records the transaction as an exercise/conversion of a derivative (code M) and a disposition of the derivative at $0.00, meaning the restricted stock units (RSUs) vested and were settled into common shares without cash consideration reported.

Key Details

• Transaction date: 2026-04-11; Transaction code: M (exercise/conversion of derivative).
• Amount converted/settled: 7,328.625 shares (one‑eighth of a 58,629 RSU grant).
• Reported price/consideration: $0.00 (no cash paid or reported sale).
• Shares owned after transaction: not specified in the filing.
• Footnote highlights: The 58,629 RSUs were granted on April 11, 2023 and vest one‑eighth each April 11 in 2024, 2025, 2026 and 2027; the remaining half vests on an IPO or April 11, 2027. Settlement generally occurs within 10 days and may be settled in cash at the Compensation Committee’s discretion.
• Filing timeliness: no late filing indicator provided.

Context This was a scheduled vesting/conversion of RSUs (a compensation event), not an open‑market purchase or sale; such conversions reflect compensation vesting rather than an independent buy/sell signal. The derivative coding and $0.00 consideration are consistent with RSUs converting into shares upon vesting.