Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMHC | Common Stock | Sale | -$4.4K | -100 | -0.08% | $44.00 | 123K | May 10, 2023 | By Trust | F1, F2 |
transaction | TMHC | Common Stock | Sale | -$4.4K | -100 | -0.37% | $44.00 | 26.7K | May 10, 2023 | By Trust | F1, F3 |
transaction | TMHC | Common Stock | Sale | -$40.7K | -926 | -0.03% | $44.00 | 3.68M | May 10, 2023 | By LLC | F1, F4 |
holding | TMHC | Common Stock | 12K | May 10, 2023 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | This transaction was effected pursuant to a Rule 10b5-1 Plan entered into by the Reporting Person on June 10, 2022. Accordingly, the Reporting Person had no discretion with regard to the timing of the transaction. |
F2 | Held by the William Harwell Lyon Separate Property Trust (the "Lyon Separate Property Trust") of which the Reporting Person is a trustee. |
F3 | Held by The William and Willa Dean Lyon Family Trust of which the Reporting Person is a co-trustee. |
F4 | Held by Lyon Shareholder 2012, LLC ("Lyon LLC"). The members of Lyon LLC are the Lyon Separate Property Trust, the Lyon Shareholder 2012 Irrevocable Trust No. 1 established December 24, 2012, and the Lyon Shareholder 2012 Irrevocable Trust No. 2 established December 24, 2012 (collectively, the "Lyon Trusts"). The Reporting Person is the manager of Lyon LLC and the trustee of the Lyon Trusts, and in such capacities, has voting and investment power with respect to securities held by Lyon LLC. The Reporting Person is also the beneficiary of each of the Lyon Trusts. |