John Ho - 29 May 2025 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Signature
/s/ Kelly Rentzel, Attorney-in-fact for John Ho
Issuer symbol
LSEA
Transactions as of
29 May 2025
Net transactions value
-$124,173
Form type
4
Filing time
02 Jun 2025, 16:30:11 UTC
Previous filing
24 Mar 2025
Next filing
25 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ho John Chief Executive Officer, Director C/O LANDSEA HOMES CORPORATION, 1717 MCKINNEY AVENUE, SUITE 1000, DALLAS /s/ Kelly Rentzel, Attorney-in-fact for John Ho 02 Jun 2025 0001839954

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock, par value $0.0001 Tax liability $124,173 -11,018 -1.7% $11.27 629,251 29 May 2025 Direct F1, F2
holding LSEA Common Stock, par value $0.0001 25,082 29 May 2025 By J & J Ho Family Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 28,000 restricted stock units ("RSUs") previously granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan") vested on May 29, 2025. In connection with the vesting and settlement of such RSUs, the Issuer withheld shares of Issuer's common stock, par value $0.0001 per share ("Common Stock") to satisfy its tax withholding obligations. The number of shares withheld was based on the closing price per share on May 29, 2025. The withholding of vested shares was approved by the Board of the Directors of the Issuer.
F2 Includes (i) 56,000 RSUs previously granted under the 2020 Plan that will vest as to one-half on each of May 29, 2026 and May 29, 2027, and (ii) 144,578 RSUs previously granted under the 2020 Plan that will vest as to one-third on each of February 26, 2026, February 26, 2027 and February 26, 2028. Each RSU represents the right to receive one share of Common Stock.
F3 These shares are owned directly by J&J Ho Family Trust for which the Reporting Person serves as trustee.