Krohne Susan E 4

What Happened

• Susan E. Krohne, Chief Legal Officer and Secretary of M/I Homes (MHO), exercised 5,000 stock options at $63.40 per share (cost $317,000) and sold the 5,000 resulting shares in an open-market sale at $134.28 per share (gross proceeds $671,400) on January 30, 2026. The filing also reports a related 5,000-share option conversion/disposition at $0.00 (reported as a derivative line).
• Net cash from the transaction (sale proceeds minus exercise cost) was approximately $354,400 before taxes, broker fees, or other withholdings.

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-02-02 (filed within the normal reporting window).
• Exercise price: $63.40 x 5,000 shares = $317,000; Sale price: $134.28 x 5,000 shares = $671,400.
• Reported transaction codes: M = exercise/conversion of option; S = sale (open market/private sale).
• Footnote: Of the options reported, 2,500 vested on 08/20/2024 and 2,500 vested on 08/20/2025.
• Shares owned after the transaction: not specified in the data provided.

Context

• This appears to be a same-day exercise-and-sell (cashless exercise) transaction: options were exercised and the acquired shares were sold the same day, a common way for executives to realize option value or cover exercise cost and tax obligations. Such routine option exercises followed by quick sales are frequently administrative and do not, by themselves, indicate insider sentiment about the company’s future performance.