Smith Bryan 4

What Happened
Bryan Smith, CEO of American Homes 4 Rent (AMH), had 47,687 performance-based restricted share units vest on Feb 7, 2026 (awarded Feb 7, 2023). On the same date he disposed of 21,612 shares to the issuer at $30.84 each, generating $666,514. The award (A) shows acquisition at $0.00 (vesting); the disposition (D) to the issuer is commonly a tax-withholding transfer rather than an open-market sale.

Key Details

• Transaction date: 2026-02-07; Form 4 filed 2026-02-09 (appears timely — within the usual 2 business days).
• Vesting/award: 47,687 shares reported as acquired at $0.00 (performance-based RSUs).
• Disposition: 21,612 shares transferred to issuer at $30.84 for $666,514 (reported as D).
• Holdings called out in footnotes: filing notes restricted share units of 117,766 and 110,524 (each RSU = contingent right to one Class A share) — these RSUs are part of his reported holdings per the filing.
• Shares owned after transaction: not specified in the excerpt provided; consult the full Form 4 for total beneficial ownership.

Context
Footnote F1 confirms the 47,687 shares vested as performance-based RSUs awarded Feb 7, 2023 for the three-year performance period ending Dec 31, 2025. The transfer of shares to the issuer (D) typically reflects withholding to satisfy tax obligations on vesting and does not necessarily indicate a market-sale sentiment. This was not a cash purchase; it was vesting plus a disposition to the company for consideration.