The filing is in accordance with the company's insider trading policy. Mr. Pulte has taken this action to provide liquidity for certain non-company related transactions involving friends and family members.
"I am extremely confident in the future of Pulte Homes and chose this form of transaction to allow me to retain participation in any future appreciation of the shares," Mr. Pulte said. "I will continue in my capacity as Pulte's Chairman of the Board and will also retain all my voting rights and continue to receive ordinary dividends on these shares."
About Pulte Homes
Pulte Homes, Inc., (NYSE: PHM), based in Bloomfield Hills, Mich., is one of America's largest homebuilding companies and operates in 51 markets and 26 states. During its 57-year history, the company has delivered 500,000 new homes. Under its Del Webb brand, Pulte is the nation's largest builder of active adult communities for people age 55 and older. Pulte Mortgage LLC is a nationwide lender offering Pulte customers a wide variety of loan products and superior service.
SOURCE Pulte Homes, Inc.