Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMHC | Common Stock | Sale | -$5.66M | -100K | -45.62% | $56.61 | 119K | Mar 15, 2024 | By Trust | F1, F2, F3 |
holding | TMHC | Common Stock | 277K | Mar 15, 2024 | 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 December 15, 2023. Accordingly, the Reporting Person had no discretion with regard to the timing of the transaction. |
F2 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $56.13 to $57.22, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Taylor Morrison Home Corporation ("TMHC"), or to TMHC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
F3 | Held by Sheryl D. Palmer Trust ("Trust"), established October 4, 2019, of which the Reporting Person is a trustee and sole beneficiary. |