Company: BHM
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001104659-25-046667
Chunk: 30

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 30
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 member of the Board in payment of the equity portion of their respective annual retainers. Such LTIP Units were fully vested upon issuance and the Company recognized expense of $0.3 million based on the fair value at the date of grant. The Company recognizes compensation expense ratably over the vesting period for time-based LTIP Units based on the fair value at the date of grant. During the three months ended March 31, 2025 and 2024, the Company recognized compensation expense for such LTIP Units of approximately $0.7 million and $0.7 million, respectively. Such expense was recorded as part of general and administrative expenses in the Company’s consolidated statements of operations and comprehensive income. As of March 31, 2025, there was $6.4 million of total unrecognized compensation expense related to unvested LTIP Units granted under the BHM Incentive Plans. The remaining expense is expected to be recognized over a period of 2.4 years. Restricted Stock The Company recognizes compensation expense ratably over the vesting period for time-based RSGs. During the three months ended March 31, 2025 and 2024, the Company recognized compensation expense for RSGs of approximately $0.2 million and $0.05 million, respectively. Such expense was recorded as part of general and administrative expenses in the Company’s consolidated statements of operations and comprehensive income. At March 31, 2025, there was $0.9 million of total unrecognized compensation expense related to the unvested RSGs granted under the BHM Incentive Plans. The remaining expense is expected to be recognized over a period of 2.0 years. The Company currently uses authorized and unissued shares to satisfy share award grants. Distributions

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 A common stock                            | ​ 
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 Amount 
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 Paid / Payable   
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|:------------------------------------------|:--|:-------------------|:--|:-------|---------:|:--|:-----------------|
| March 11, 2025                            | ​ | March 25, 2025     | ​ | $      |    0.125 | ​ | April 4, 2025    |
| March 11, 2025                            | ​ | June