03/16/2026 | Press release | Distributed by Public on 03/16/2026 17:32
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (1) | 03/12/2026 | M | 7,518 | (7) | (8) | Common Stock | 7,518 | (8) | 7,519 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Palmer Sheryl 4900 N. SCOTTSDALE ROAD, SUITE 2000 SCOTTSDALE, AZ 85251 |
X | Chairman, President and CEO | ||
| /s/ Todd Merrill, as Attorney-in-Fact | 03/16/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU. |
| (2) | The number of shares directly owned by the Reporting Person has been adjusted to reflect a reconciliation to the Reporting Person's account records. |
| (3) | Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs. |
| (4) | Reflects shares previously reported as directly owned that are held indirectly through The Palmer Family Delaware Dynasty Trust. |
| (5) | Held by The Palmer Family Delaware Dynasty Trust, of which the Reporting Person is the Investment Adviser. |
| (6) | Held by Sheryl D. Palmer Trust, established October 4, 2019, of which the Reporting Person is a trustee and sole beneficiary. |
| (7) | On March 12, 2025, the Reporting Person was granted 15,037 RSUs, generally vesting in two installments of approximately 50% on each of March 12, 2026 and March 12, 2027. |
| (8) | The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended. |