Walker Kumi D 4
4 · M/I HOMES, INC. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
M/I Homes (MHO) Director Walker Kumi D Receives 1,573 RSUs, Converts 455
What Happened
Director Walker Kumi D had restricted share units (RSUs) that vested and were converted/settled on May 13, 2026 (455 units), and was also granted 1,573 RSUs the same day. The conversions and the grant are recorded as derivative transactions at $0.00, indicating settlement of RSUs into common shares (and/or deferred RSUs) rather than an open-market purchase or sale — no cash proceeds were reported.
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 14, 2026 (timely).
- Converted/settled: 455 RSUs (reported as exercise/conversion, derivative) — recorded with $0.00 proceeds.
- New grant: 1,573 RSUs awarded (derivative, $0.00).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes:
- F1: RSUs granted May 14, 2025 vested May 13, 2026; non-deferred vested RSUs were settled one-for-one into common shares; remaining vested RSUs follow any timely deferral election.
- F2: Each RSU equals a contingent right to one common share.
- F3: The newly granted RSUs vest on the earlier of the next annual meeting (subject to timing) or May 13, 2027, subject to continued board service; vested units will be settled within prescribed timelines or per any deferral election.
Context: These transactions reflect compensation-related RSU vesting/settlement and a new RSU grant — not an open-market buy or sale. For retail investors, awards and RSU settlements are routine director compensation and do not, by themselves, indicate a buy or sell signal.
Insider Transaction Report
- Exercise/Conversion
Common Shares
[F1]2026-05-13+455→ 455 total - Exercise/Conversion
Restricted Share Units
[F1]2026-05-13−455→ 1,367 total→ Common Shares (455 underlying) - Award
Restricted Share Units
[F2][F3]2026-05-13+1,573→ 14,937 total→ Common Shares (1,573 underlying)
Footnotes (3)
- [F1]The restricted share units were granted to the reporting person under the M/I Homes, Inc. 2018 Long-Term Incentive Plan, as amended, on May 14, 2025 and vested on May 13, 2026. Upon vesting, the restricted share units not subject to a timely deferral election under the M/I Homes, Inc. Director Equity Compensation Deferral Plan were settled in common shares of M/I Homes, Inc. on a one-for-one basis. The remaining vested restricted share units are subject to deferred settlement in accordance with the applicable deferral election.
- [F2]Each restricted share unit represents a contingent right to receive one common share of M/I Homes, Inc. (The "Company").
- [F3]The restricted share units were granted under the M/I Homes, Inc. 2018 Long-Term Incentive Plan, as amended, and vest on the earlier of (i) the date of the next annual meeting of shareholders of M/I Homes, Inc. (provided that such annual meeting of shareholders is at least 50 weeks after May 13, 2026) or (ii) May 13, 2027, subject to the reporting person continuing to serve as a director of M/I Homes, Inc. on such date. Vested restricted share units will be settled in common shares of M/I Homes, Inc. no later than the fifteenth day of the third month following the applicable vesting date, unless the reporting person has made a timely deferral election under the M/I Homes, Inc. Director Equity Compensation Deferral Plan, in which case the settlement date will be determined pursuant to the terms of the M/I Homes, Inc. Director Equity Compensation Deferral Plan.