February 14, 2024 · Form 4 insider transaction
LYON WILLIAM H sold 20,896 shares of Taylor Morrison Home Corporation at $56.01 per share, a transaction worth $1.17M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
This transaction was effected pursuant to a Rule 10b5-1 Plan entered into by the Reporting Person on March 3, 2023. Accordingly, the Reporting Person had no discretion with regard to the timing of the transaction.; The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $56.00 to $56.03, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission (the "SEC"), 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.; Held by Lyon Shareholder 2012, LLC ("Lyon LLC"). The members of Lyon LLC are the William Harwell 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.