Sheldon Todd N

EVP/General Counsel Sheldon Todd N sold 14,220 shares of PHM at $135.01; holdings decline 16.9% but position remains substantial at 69.8K shares.

Sheldon Todd N, serving as EVP and General Counsel, sold 14,220 shares (14.2K shares) at $135.01, reducing his holdings from 83,973 to 69,753 shares. Despite the 16.9% reduction in holdings, his remaining position of 69,753 shares (69.8K shares) remains material and signals retained confidence in the company. The transaction occurred at a price near recent highs (within 4.5% of the 52-week high of $141.42) and just above the current market price of $135.09. Notably, his prior sell at PHM on 2025-02-13 demonstrated accurate 90-day timing (posting -3.3% and -4.2% 30-day and 90-day returns respectively), and his cross-ticker open-market history shows a 100.00% well-timed rate on sells; however, this current transaction is too recent for post-trade performance assessment, and the modest sale size relative to total holdings suggests this may represent portfolio rebalancing rather than a loss of conviction in the underlying business.

EVP/Gen Counsel Sheldon Todd N sold 15,191 shares of PHM at $106.50 for $1.6M; stock down 28.4% from 52-week high.

Sheldon Todd N, EVP and General Counsel, sold 15,191 shares (15.2K shares) at $106.50, reducing his holdings by 16.9% to 74,758 shares (74.8K shares). The transaction occurred when PHM is trading 28.4% below its 52-week high of $149.04 and down 5.2% over the past 30 days and 17.2% over 90 days. PulteGroup's fundamentals remain solid with $4.5B in quarterly revenue, 11.7% annual growth, and a tight P/E of 6.42, suggesting the stock is not distressed. The sale represents a material reduction in an executive's direct holdings but does not signal operational distress given the company's strong earnings ($697.9M net income) and reasonable valuation metrics.