Jordan B. Ruddy, President of Bluerock Homes Trust, Inc., filed a Form 4 on November 12, 2026, reporting the acquisition of 8,242 LTIP Units on November 10, 2026, issued in partial satisfaction of the company's Base Management Fee and a related reimbursement obligation.

Key Highlights

  • Reporting person: Jordan B. Ruddy, President of Bluerock Homes Trust, Inc. (NYSE:BHM)
  • Transaction date: November 10, 2026; 8,242 LTIP Units acquired (transaction code A)
  • Purpose: Units issued in partial satisfaction of the issuer's Base Management Fee to Bluerock Homes Manager, LLC for Q3 2026, and in satisfaction of the Manager's reimbursement obligation to Bluerock Real Estate Holdings, LLC for a portion of Ruddy's salary for the quarter ending September 30, 2026
  • Vesting: The LTIP Units were fully vested upon issuance, according to the filing
  • Post-transaction holdings: Ruddy beneficially owns 259,543 LTIP Units following the reported transaction, held directly
  • Conversion terms: LTIP Units may convert to OP Units upon reaching capital account equivalency, then may be redeemed for cash or, at the issuer's option after a one-year holding period, settled in Class A common stock on a one-for-one basis

LTIP Unit Issuance to Bluerock Homes President Jordan Ruddy: Q3 2026 Details

According to the Form 4 filed November 12, 2026, Jordan B. Ruddy, who serves as President of Bluerock Homes Trust, Inc. (NYSE:BHM), received 8,242 long-term incentive plan units ("LTIP Units") on November 10, 2026. The filing identifies the transaction code as "A," denoting an acquisition. The underlying security is Class A Common Stock, with 8,242 shares as the amount underlying the derivative security.

The filing's explanation of responses states that the LTIP Units were issued "in partial satisfaction of the Issuer's Base Management Fee obligation to Bluerock Homes Manager, LLC (the 'Manager') for the third quarter of 2026 and in satisfaction of the Manager's reimbursement obligation to its affiliate, Bluerock Real Estate Holdings, LLC ('BREH'), for a portion of the salary payable by BREH to the Reporting Person for the quarter ending September 30, 2026 for services provided to the Manager in the Reporting Person's capacity as President thereof." The filing notes no price was listed for the derivative security.

The filing further discloses that these LTIP Units "were fully vested upon issuance." Conversion to OP Units requires reaching capital account equivalency with the OP Units held by the issuer. After conversion, units may be redeemed for cash or, at the issuer's option and after a one-year holding period (including any period during which the LTIP Units were held), settled in shares of Class A common stock on a one-for-one basis. Following this transaction, Ruddy's direct beneficial ownership stands at 259,543 LTIP Units, as reported in the filing. The Form 4 was signed by Christopher J. Vohs as attorney-in-fact on November 12, 2026.

What Was Disclosed

Bluerock Homes Trust President Jordan B. Ruddy reported receiving 8,242 fully vested LTIP Units on November 10, 2026, tied to Q3 2026 management fee and salary reimbursement obligations, bringing his total direct beneficial LTIP Unit ownership to 259,543.