October 1, 2025 · Form 4 insider transaction
Vaughan Brandt A. bought 3,108 shares of MDC at $5.63 per share, a transaction worth $17.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reporting person elected to receive payment of quarterly fees for service on the Issuer's Board of Directors in shares of fully vested Class A Common Stock in lieu of a cash payment. The number of shares was calculated based on a $17,500 fee divided by the closing price of the Class A Common stock on the trading day immediately preceding the date of payment.