Form 4: American Homes 4 Rent Director Douglas Benham Reports Preferred Share Transactions

Sentiment:

SEC Form 4 Filing


Director Douglas Benham reports purchases and disposals of American Homes 4 Rent's Series G and H Perpetual Preferred Shares.

Summary

  • On May 7th and 8th, 2024, Douglas Benham, a director of American Homes 4 Rent, engaged in transactions involving Series G and H Perpetual Preferred Shares.
  • On May 7th, Benham acquired 4,081 Series G shares at a weighted average price of $22.801, with prices ranging from $22.56 to $22.90, and 4,000 Series H shares at a weighted average price of $23.845, with prices ranging from $23.78 to $23.90.
  • On May 8th, Benham acquired 1,500 Series G shares at a weighted average price of $22.384, with prices ranging from $22.35 to $22.42, and 2,000 Series H shares at a weighted average price of $23.47.
  • Benham also disposed of 3,404 Series G shares and 11,027 Series H shares.
  • Following these transactions, Benham directly owns no Series G or H shares, but indirectly owns 16,021 Series G shares and 37,997 Series H shares through an IRA.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
05/07/2024Director Benham purchased 4,081 Series G and 4,000 Series H Perpetual Preferred Shares.
05/08/2024Director Benham purchased 1,500 Series G and 2,000 Series H Perpetual Preferred Shares.
05/09/2024Date of signature for the Form 4 filing.

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