Form 4: Taylor Morrison Director William Lyon Sells 30,000 Shares

Director William Lyon of Taylor Morrison Home Corp sold 30,000 shares of common stock at an average price of $66.31 on July 18, 2024, according to a Form 4 filing.

Summary

• William H. Lyon, a director of Taylor Morrison Home Corp, sold 30,000 shares of common stock on July 18, 2024.
• The sale was executed at a weighted average price of $66.31 per share, with prices ranging from $66.01 to $66.58.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan established on March 15, 2024.
• Following the transaction, Lyon directly owns 21,786 shares and indirectly owns 2,225,316 shares through Lyon LLC and 32,570 shares through Lyon Separate Property Trust.
• Lyon LLC's members include the William Harwell Lyon Separate Property Trust and the Lyon Shareholder 2012 Irrevocable Trusts No. 1 and No. 2.
• Lyon is the manager of Lyon LLC and the trustee of the Lyon Trusts, holding voting and investment power over the securities held by Lyon LLC.
• Lyon is also the beneficiary of each of the Lyon Trusts.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction was pre-planned under a 10b5-1 trading plan. It doesn't necessarily indicate a negative outlook on the company.

Industry Context

This filing reflects insider trading activity, which is a common occurrence. Investors often monitor these filings to gauge sentiment and potential future stock performance.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to slight downward pressure on the stock price in the short term.

Key Dates