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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Merrill Stevin Todd

(Last) (First) (Middle)
4900 N. SCOTTSDALE ROAD, SUITE 2000

(Street)
SCOTTSDALE AZ 85251

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Taylor Morrison Home Corp [ TMHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CLO & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/24/2026 D(1) 4,058 D $72.5(1) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 07/24/2026 D(1)(3) 1,104 (3) (3) Common Stock 1,104 $72.5(3) 0 D
Restricted Stock Units (2) 07/24/2026 D(1)(3) 573 (3) (3) Common Stock 573 $72.5(3) 0 D
Restricted Stock Units (2) 07/24/2026 D(1)(3) 5,061 (3) (3) Common Stock 5,061 $72.5(3) 0 D
Restricted Stock Units (2) 07/24/2026 D(1)(3) 1,924 (3) (3) Common Stock 1,924 $72.5(3) 0 D
Stock Options $24.04 07/24/2026 D(1)(4) 1,756 (4) 03/12/2028 Common Stock 1,756 (4) 0 D
Stock Options $18.18 07/24/2026 D(1)(4) 4,149 (4) 02/19/2029 Common Stock 4,149 (4) 0 D
Stock Options $26.28 07/24/2026 D(1)(4) 4,056 (4) 02/10/2030 Common Stock 4,056 (4) 0 D
Stock Options $28.32 07/24/2026 D(1)(4) 5,613 (4) 02/16/2031 Common Stock 5,613 (4) 0 D
Stock Options $29.08 07/24/2026 D(1)(4) 4,346 (4) 02/11/2032 Common Stock 4,346 (4) 0 D
Stock Options $63.02 07/24/2026 D(1)(4) 1,505 (4) 02/18/2035 Common Stock 1,505 (4) 0 D
Stock Options $56.48 07/24/2026 D(1)(4) 1,564 (4) 02/23/2034 Common Stock 1,564 (4) 0 D
Stock Options $34.75 07/24/2026 D(1)(4) 3,215 (4) 02/21/2033 Common Stock 3,215 (4) 0 D
Stock Options $57.42 07/24/2026 D(1)(4) 2,642 (4) 06/18/2035 Common Stock 2,642 (4) 0 D
Explanation of Responses:
1. On July 24, 2026, Berkshire Hathaway Inc. ("BHI") acquired Taylor Morrison Home Corporation (the "Issuer") pursuant to an Agreement and Plan of Merger, dated as of May 31, 2026 (the "Merger Agreement"), by and among the Issuer, BHI and WXYZ Merger Sub, Inc., a wholly owned subsidiary of BHI ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of BHI. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.00001 per share, (the "Common Stock") (other than certain excluded shares) automatically converted into the right to receive $72.50 per share in cash (the "Merger Consideration").
2. Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock.
3. Pursuant to the Merger Agreement, each outstanding RSU became immediately vested, was cancelled and converted into the right to receive an amount in cash equal to (x) the number of shares of Common Stock subject to such RSUs immediately prior to the Effective Time, multiplied by (y) the Merger Consideration. Fifty percent (50%) of such cash amount will be paid at or promptly after the Effective Time, and the remaining fifty percent (50%) will become payable on January 31, 2027, generally subject to the Reporting Person's continued employment through such date.
4. Pursuant to the Merger Agreement, options to purchase shares of Common Stock (the "Options") became fully vested (to the extent not previously vested) and cancelled and converted into the right to receive an amount of cash equal to (x) the number of shares of Common Stock subject to the Option as of immediately prior to the Effective Time, multiplied by (y) the excess, if any, of the Merger Consideration over the exercise price per share of Common Stock under such Option.
/s/ Todd Merrill 07/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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