Louis Steffens - Apr 20, 2023 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
EVP & Chief Financial Officer
Signature
/s/ Darrell Sherman, as Attorney-in-Fact
Stock symbol
TMHC
Transactions as of
Apr 20, 2023
Transactions value $
-$172,101
Form type
4
Date filed
4/24/2023, 04:02 PM
Previous filing
Apr 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Sale -$172K -4.28K -9.81% $40.22 39.3K Apr 20, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 Plan entered into by the reporting person on February 21, 2023. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.