McGraner Matt 4

What Happened Matt McGraner, Executive Vice President, Chief Investment Officer and Secretary of VineBrook Homes Trust, reported conversion/settlement of restricted stock units (RSUs) into shares on April 11, 2026. A total of 7,047.125 shares were issued on conversion. To satisfy the tax withholding obligation, 3,067.685 shares were surrendered/disposed at an effective price of $54.88 per share, generating proceeds or covering tax liability of $168,355. The filings show the conversion of RSUs (derivative exercise) and the related tax-withholding disposition.

Key Details

• Transaction date: April 11, 2026.
• Conversion: 7,047.125 shares from RSU settlement (derivative exercise/conversion).
• Tax withholding/disposition: 3,067.685 shares at $54.88 per share = $168,355 (code F).
• Reporting codes: M = exercise/conversion of derivative (RSU settlement); F = payment of tax liability via share surrender.
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing status: No late-filing indicator noted in the supplied data.
• Footnotes of note:
  • F1: Each RSU converts to one share of common stock.
  • F2: Some shares are held in a trust for which Mr. McGraner is trustee; he disclaims beneficial ownership except for pecuniary interest.
  • F3: These RSUs were originally granted April 11, 2023, with a multi-year vesting schedule and potential additional vesting tied to an IPO or final vest date; settlement generally occurs within 10 days and may be in cash.

Context This was a routine RSU settlement with shares withheld/surrendered to cover taxes (a common practice), not an open-market sell for investment purposes. The primary action was conversion/settlement of previously granted RSUs rather than a new purchase or a discretionary sale.