Form 4: American Homes 4 Rent Director Jack Corrigan Reports Stock Transactions
SEC Form 4 Filing
Director Jack Corrigan of American Homes 4 Rent reports purchasing Series G Perpetual Preferred Shares and selling Class A Common Shares, along with adjustments to beneficial ownership.
Summary
- On May 5, 2025, Jack Corrigan, a director of American Homes 4 Rent, reported transactions involving the company's securities.
- Corrigan sold 25,000 Class A Common Shares at a weighted average price of $38.8913, with prices ranging from $38.7250 to $39.00.
- He also purchased 1,000 Series G Perpetual Preferred Shares at $23.48 each, 1,000 Series G Perpetual Preferred Shares at $23.45 each and 2,000 Series G Perpetual Preferred Shares at $23.37 each.
- Following these transactions, Corrigan directly owns 72,928 Class A Common Shares, which includes 4,159 restricted share units.
- Corrigan also has indirect ownership through IRA accounts, children, a spouse, and custodial accounts for grandchildren.
- The filing indicates indirect ownership of 100,000 Class A Common Shares through an LLC formed for the benefit of the reporting person and his family.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders can use this information to understand the investment behavior of a key company insider.
- The transactions may influence market perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of the reported transactions (sale of Class A Common Shares and purchase of Series G Perpetual Preferred Shares). |
| 05/07/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, AMH, American Homes 4 Rent, Director, Insider Trading, Stock Transactions, Beneficial Ownership, Jack Corrigan, Series G Perpetual Preferred Shares, Class A Common Shares
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