Form 4: Tri Pointe Homes CFO Glenn J. Keeler Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Glenn J. Keeler, CFO and CAO of Tri Pointe Homes, reports the withholding of shares to cover tax obligations related to vesting RSU awards.
Summary
- On February 21, 2025, Glenn J. Keeler, CFO and CAO of Tri Pointe Homes, had 4,072 common stock shares withheld to cover tax obligations.
- The price per share was $30.79.
- Following this transaction, Keeler directly owns 183,380 shares of common stock.
- On February 22, 2025, an additional 8,394 common stock shares were withheld for the same reason, at the same price of $30.79 per share.
- After this second transaction, Keeler directly owns 174,986 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested stock, so it's neutral in sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | 4,072 shares of common stock withheld for tax obligations at $30.79 per share. |
| 02/22/2025 | 8,394 shares of common stock withheld for tax obligations at $30.79 per share. |
| 02/25/2025 | Date of signature for the report. |
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