Real Estate
Taylor Morrison Home Executive Compensation (FY25)
TMHC · Scottsdale, AZ · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 22, 2026
351 figures on this page: 340 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Total compensation for Sheryl Palmer, President, Chief Executive Officer and Chairman of the Board of Directors, came to $10,075,397 in fiscal 2025, and compared with the $15,415,093 reported for fiscal 2024, Palmer's total was 34.6% lower. The company reported a chief executive pay ratio of 73.8:1 for fiscal 2025, against median employee compensation of $136,524. For fiscal 2025, the say-on-pay proposal drew 97.8% support at the meeting held May 21, 2026. The disclosed peer group names Beazer Homes USA Inc., Century Communities, D.R. Horton, Inc., Hovnanian Enterprises, Inc. and KB Home, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Sheryl Palmer: $15,415,093 → $10,075,397 (34.6% lower)
CEO pay ratio: 112:1 → 73.8:1 (34.1% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Taylor Morrison Home's chief executive and what were they paid?
Total compensation for Sheryl Palmer, President, Chief Executive Officer and Chairman of the Board of Directors, came to $10,075,397 in fiscal 2025. Compared with the $15,415,093 reported for fiscal 2024, Palmer's total was 34.6% lower.
What was Taylor Morrison Home's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 97.8% support at the meeting held May 21, 2026.
Which companies are in Taylor Morrison Home's peer group?
The disclosed peer group names Beazer Homes USA Inc., Century Communities, D.R. Horton, Inc., Hovnanian Enterprises, Inc. and KB Home, among others.
What is Taylor Morrison Home's chief executive pay ratio?
The company reported a chief executive pay ratio of 73.8:1 for fiscal 2025, against median employee compensation of $136,524.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sheryl Palmer President, Chief Executive Officer and Chairman of the Board of Directors | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Louis Steffens Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Darrell Sherman Executive Vice President, Chief Legal Officer and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sheryl Palmer President, Chief Executive Officer and Chairman of the Board of Directors | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Louis Steffens Executive Vice President of Strategic and Operational Initiatives and Former Chief Financial Officer Departed during or after this year | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Curt VanHyfte Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Darrell Sherman Executive Vice President, Chief Legal Officer and Secretary | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sheryl Palmer President, Chief Executive Officer and Chairman of the Board of Directors | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Curt VanHyfte Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Darrell Sherman Executive Vice President, Chief Legal Officer and Secretary | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sheryl Palmer President, Chief Executive Officer and Chairman of the Board of Directors | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Curt VanHyfte Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Todd Merrill Executive Vice President, Chief Legal Officer and Secretary | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Darrell Sherman Former Executive Vice President, Chief Legal Officer and Secretary Departed during or after this year | ◇ | — | ◇ | ◇ | — | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Curt VanHyfte | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Curt VanHyfte | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Curt VanHyfte | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Curt VanHyfte | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Darrell C. Sherman | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Darrell C. Sherman | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Darrell C. Sherman | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Darrell C. Sherman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sheryl D. Palmer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sheryl D. Palmer | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Sheryl D. Palmer | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Sheryl D. Palmer | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Todd Merrill | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Todd Merrill | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Todd Merrill | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Todd Merrill | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Todd Merrill | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Todd Merrill | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Todd Merrill | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Todd Merrill | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Sheryl Palmer | Option | ◇ | — | ◇ | 2/18/2035 |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/11/2032 | |
| Option | ◇ | — | ◇ | 2/21/2033 | |
| Option | ◇ | — | ◇ | 2/23/2034 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Curt VanHyfte | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/21/2033 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/18/2035 | |
| Option | ◇ | — | ◇ | 2/11/2032 | |
| Option | ◇ | — | ◇ | 2/23/2034 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 7/31/2033 | |
| Darrell Sherman | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/23/2035 | |
| Todd Merrill | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 2/11/2032 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/23/2034 | |
| Option | ◇ | — | ◇ | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/21/2033 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/18/2035 |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Peter Lane Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
David C. Merritt | ◇ | ◇ | — | — | — | — | ◇ |
Anne L. Mariucci | ◇ | ◇ | — | — | — | — | ◇ |
Christopher Yip | — | ◇ | — | — | — | — | ◇ |
Andrea Owen | ◇ | ◇ | — | — | — | — | ◇ |
Denise F. Warren | ◇ | ◇ | — | — | — | — | ◇ |
Heather C. Ostis | ◇ | ◇ | — | — | — | — | ◇ |
Fletcher F. Previn | ◇ | ◇ | — | — | — | — | ◇ |
Sheryl D. Palmer and Amanda Whalen served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Beazer Homes USA Inc. BZH
- Century Communities CCS
- D.R. Horton, Inc. DHI
- Hovnanian Enterprises, Inc. HOV
- KB Home KBH
- Lennar Corporation LEN
- M/I Homes, Inc. MHO
- Meritage Homes Corporation MTH
- NVR, Inc. NVR
- PulteGroup Inc. PHM
- Toll Brothers, Inc. TOL
- TRI Pointe Homes, Inc. TPH
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 22, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 23, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 25, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 26, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 28, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 29, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 30, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 31, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 25, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Taylor Morrison Home disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Taylor Morrison Home sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
351 figures on this page: 340 cited to the filing that reported them, 11 calculated from figures it prints.
340 cited to the filing
11 calculated from the filing
Documents cited
- 0001193125-26-237026
- 0001140361-26-0142612025 Director Compensation Table · CEO Pay Ratio Disclosure · Director Compensation · Grants of Plan-Based Awards · and 2 more sections
- 0001193125-25-126172
- 0001193125-23-102035Summary Compensation Table
- 0001193125-24-091872Summary Compensation Table
- 0001193125-25-079119Summary Compensation Table
- 0001193125-24-147063
- 0001193125-23-155451
- 0001193125-22-162995
- 0001193125-21-175331
- 0001193125-20-158496
- 0001193125-19-161448
- 0001193125-18-180283
- 0001193125-17-194551
- 0001193125-16-604333
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Taylor Morrison Home executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TMHC (accessed 2026).
Short form: data: Velarion
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Taylor Morrison Home and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Real Estate rankings
Peers Taylor Morrison Home discloses
The companies named in TMHC's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}