Sheldon Todd N 4

What Happened

• Sheldon Todd N, EVP, General Counsel and Corporate Secretary of PulteGroup (PHM), disposed of 2,452 shares on 2026-02-02 to satisfy tax withholding obligations. The shares were valued at $125.44 each for a total of $307,579.
• This was a share surrender to cover taxes (routine withholding), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-03 (timely filing).
• Price per share: $125.44; shares surrendered/disposed: 2,452; total value: $307,579.
• Transaction code: F (payment of exercise price or tax liability); footnote: shares were surrendered to the issuer to cover tax obligations on common shares on which restrictions lapsed.
• Shares owned after the transaction: not reported on this Form 4.

Context

• This was a tax-withholding, cashless share surrender tied to restricted shares vesting — a common administrative action that does not necessarily signal insider sentiment about the company.
• For retail investors, routine withholding transactions like this are administrative; purchases or open-market sales typically provide clearer signals of insider conviction.