KEELER GLENN J. 4
4 · Tri Pointe Homes, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Tri Pointe Homes CFO Glenn Keeler Receives Stock Awards
What Happened Glenn J. Keeler, Chief Financial Officer and Chief Accounting Officer of Tri Pointe Homes (TPH), had 51,700 performance-based restricted stock units (Performance Awards) vest on Feb 12, 2026; those awards were settled into 51,700 shares of common stock (reported at $0.00 on the Form 4). To satisfy tax withholding obligations, 21,749 of those shares were withheld (disposed) at $36.57 per share, totaling $795,361. On Feb 17, 2026 Keeler was also granted 37,796 restricted stock units (RSUs) with a reported grant value of $46.30 per share (total ~$1,749,955). The newly granted RSUs vest one-third each year beginning on the first anniversary of the grant.
Key Details
- Transaction dates: 2026-02-12 (vesting and tax withholding) and 2026-02-17 (RSU grant). Filing date: 2026-02-17.
- Reported amounts/prices: 51,700 Performance Awards vested (reported $0.00), 21,749 shares withheld at $36.57 (tax withholding; $795,361), 37,796 RSUs granted at $46.30 (grant value ~$1,749,955).
- Net shares delivered from the vesting event: 51,700 − 21,749 = 29,951 shares retained by the insider.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = performance awards vested per Compensation Committee/Board determination; F2 = withholding to satisfy tax obligations; F3 = new RSU grant vests one-third annually beginning one year after grant.
- Filing timeliness: Form 4 filed on 2026-02-17; the filing does not indicate a late-report flag.
Context
- These were equity compensation transactions (vesting and new RSU grant), not open-market purchases or sales. The withholding of 21,749 shares was to cover tax obligations and is a routine disposition, not an open-market sale signaling a change in investment view.
- The RSU grant is a standard long-term incentive; because they vest over time, they represent future potential share delivery rather than immediate market purchases.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-12+51,700→ 220,921 total - Tax Payment
Common Stock
[F2]2026-02-12$36.57/sh−21,749$795,361→ 199,172 total - Award
Common Stock
[F3]2026-02-17$46.30/sh+37,796$1,749,955→ 236,968 total
Footnotes (3)
- [F1]Represents shares of common stock issued pursuant to the vesting of performance-based restricted stock units granted on February 22, 2023 under the Company's 2022 Long-Term Incentive Plan that were eligible to vest based on attainment of certain revenue and pre-tax earnings performance goals (the "Performance Awards"). Upon the recommendation of the Compensation Committee, the Company's board of directors determined that, based on the Company's performance over the performance period, 51,700 Performance Awards would vest and be settled into an equal number of shares of common stock, in accordance with the terms of the Performance Awards.
- [F2]Withholding of shares to satisfy tax withholding obligations incident to vesting of the Performance Awards.
- [F3]Represents a grant of 37,796 restricted stock units ("RSUs") under the Company's 2022 Long-Term Incentive Plan. The RSUs, which vest one-third each year beginning on the first anniversary of the grant date, are to be settled for an equal number of shares of common stock (or the cash equivalent, under certain circumstances) upon vesting.