LEE DAVID CH 4
4 · Tri Pointe Homes, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Tri Pointe (TPH) GC David Lee Receives Awards, Withholds Shares
What Happened David Lee, General Counsel & Secretary of Tri Pointe Homes (TPH), had 32,312 performance-based restricted stock units (RSUs) vest on Feb 12, 2026 (settled into an equal number of shares at $0.00 acquisition price). To satisfy tax withholding obligations, 12,176 of those shares were withheld and disposed at $36.57 each (withholding value ≈ $445,276). On Feb 17, 2026 he was granted 18,358 new RSUs with a grant value of $46.30 per share (≈ $849,975). The transactions reflect compensation-related awards and routine tax withholding rather than an open-market purchase or investment sale.
Key Details
- Transaction dates and amounts:
- 2026-02-12: 32,312 Performance Awards vested and settled into shares (acquired at $0.00).
- 2026-02-12: 12,176 shares withheld to satisfy taxes (disposed) at $36.57 → $445,276.
- 2026-02-17: Grant of 18,358 RSUs at $46.30 (grant value ≈ $849,975).
- Footnotes:
- F1: 32,312 Performance Awards vested based on attainment of revenue and pre-tax earnings goals (per Compensation Committee/Board determination).
- F2: Withholding of shares to satisfy tax obligations incident to vesting.
- F3: The 18,358 RSUs vest one‑third each year beginning on the first anniversary of the grant.
- Shares owned after the transactions: not specified in the filing.
- Filing: Form filed on 2026-02-17 reporting the Feb 12 vesting and the Feb 17 grant.
Context
- These transactions are awards/vesting and routine tax withholding — common forms of executive compensation and not direct market purchases or investment sales. The tax-withholding disposition (F code) is a standard cashless-like settlement to cover taxes, not a trade intended to realize investment gains.
- The new RSUs vest over time (one‑third per year), so any eventual sale would occur later if and when shares vest and are sold.
Insider Transaction Report
Form 4
LEE DAVID CH
General Counsel & Secretary
Transactions
- Award
Common Stock
[F1]2026-02-12+32,312→ 134,383 total - Tax Payment
Common Stock
[F2]2026-02-12$36.57/sh−12,176$445,276→ 122,207 total - Award
Common Stock
[F3]2026-02-17$46.30/sh+18,358$849,975→ 140,565 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, 32,312 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 18,358 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.
Signature
/S/ DAVID CH LEE|2026-02-17