Palmer Sheryl 4
4 · Taylor Morrison Home Corp · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Taylor Morrison (TMHC) CEO Sheryl Palmer Receives RSUs; Shares Withheld
What Happened
Sheryl Palmer, Chairman, President and CEO of Taylor Morrison Home Corp (TMHC), had 7,518 restricted stock units (RSUs) convert to common shares on March 12, 2026. Of those vested shares, 3,147 were withheld by the issuer to cover tax withholding obligations (reporting code F) for a reported withholding value of $185,232 (at $58.86 per share), leaving a net issuance of 4,371 shares to the Reporting Person. The conversions are reported under derivative/option exercise code M (exercise or conversion of derivative).
Key Details
- Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (timely filing).
- Vesting/conversion: 7,518 RSUs converted to shares (code M).
- Tax withholding: 3,147 shares withheld at $58.86/share for $185,232 (code F).
- Net shares issued to insider: 4,371 shares (7,518 − 3,147).
- Footnotes of note:
- F1/F3 — RSUs settle one-for-one into common stock and shares were withheld to cover tax withholding.
- F7/F8 — These RSUs were part of a 15,037 RSU award granted March 12, 2025 that vests in two installments (~50% on March 12, 2026 and ~50% on March 12, 2027) under the 2013 Omnibus Equity Award Plan.
- F2/F4–F6 — Reporting person’s direct holdings were adjusted and some shares are held indirectly through family/estate trusts for which Ms. Palmer serves as adviser/trustee.
Context
This was a routine RSU vesting and tax-withholding transaction (not an open-market buy or sell). Code M indicates conversion/exercise of a derivative (here, RSU settlement), and code F indicates shares withheld to satisfy tax obligations (a cashless settlement mechanism). The filing was submitted within the SEC’s two-business-day window and does not, by itself, indicate a change in Ms. Palmer’s trading stance.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-03-12+7,518→ 271,091 total - Tax Payment
Common Stock
[F3]2026-03-12$58.86/sh−3,147$185,232→ 267,944 total - Exercise/Conversion
Restricted Stock Units
[F1][F8][F7]2026-03-12−7,518→ 7,519 total→ Common Stock (7,518 underlying)
- 180,801(indirect: By Trust)
Common Stock
[F4][F5] - 19,211(indirect: By Trust)
Common Stock
[F6]
Footnotes (8)
- [F1]Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
- [F2]The number of shares directly owned by the Reporting Person has been adjusted to reflect a reconciliation to the Reporting Person's account records.
- [F3]Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
- [F4]Reflects shares previously reported as directly owned that are held indirectly through The Palmer Family Delaware Dynasty Trust.
- [F5]Held by The Palmer Family Delaware Dynasty Trust, of which the Reporting Person is the Investment Adviser.
- [F6]Held by Sheryl D. Palmer Trust, established October 4, 2019, of which the Reporting Person is a trustee and sole beneficiary.
- [F7]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.
- [F8]The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.