Mitts Brian 4
Research Summary
AI-generated summary
VineBrook Homes Director Brian Mitts Exercises RSUs, 4,304 Shares
What Happened Brian Mitts, a director of VineBrook Homes Trust, Inc., had 4,303.875 restricted stock units (RSUs) vest on April 11, 2026 and those units were converted/settled into shares. To cover tax and other settlement obligations, 1,084.851 shares were withheld to satisfy tax liability (priced at $54.88 each, totaling $59,537) and an additional 645.581 shares were surrendered to the issuer. Footnotes indicate part of the vested award was settled in cash at the committee's discretion.
Key Details
- Transaction date: April 11, 2026; Form filed April 14, 2026.
- Primary action: Vesting/conversion of 4,303.875 RSUs into shares (reported as derivative exercise/conversion).
- Tax/withholding: 1,084.851 shares withheld at $54.88/share for ~$59,537 (coded F).
- Additional disposition: 645.581 shares disposed to the issuer (coded D).
- Shares owned after transaction: Not reported in this Form 4.
- Footnotes: The RSUs were part of a 34,431-RSU grant from April 11, 2023 that vests in installments through 2027; settlement may be in cash per the compensation committee (F1–F3).
- Filing timeliness: Form 4 filed April 14, 2026 for transactions on April 11, 2026; no late-filing indication in the report.
Context
- These entries reflect the vesting and settlement of previously granted RSUs, not an open-market buy or sell motivated by a trade decision. The withholding/surrender of shares to cover taxes and settlement is a routine administrative step following vesting.