secwatch.observer — SEC 8-K summary
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Issuer:     Taylor Morrison Home Corp (TMHC)
CIK:        0001562476
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001193125-21-308658
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Taylor Morrison appoints Louis Steffens as CFO effective Jan 1, 2022
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- Louis Steffens, current President of M&A, becomes EVP and CFO effective January 1, 2022.
- Steffens joined in 2007, led six acquisitions, 30 years homebuilding experience.
- New employment agreement: base salary of $575,000, target annual bonus of 150% of base.
- Severance: 1.5x base+bonus on non-CIC termination; 2.0x plus full equity vesting on CIC termination.
- Outgoing CFO C. David Cone transitioning under previously disclosed June 2021 retirement agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562476/000119312521308658/0001193125-21-308658-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562476/000119312521308658/d222417d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-308658

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