SCHEDULE 13D

CUSIP Number(s):

02665T306

1

Name of reporting person

HUGHES B WAYNE ET AL

2

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

13

Percent of class represented by amount in Row (11)

0 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) B. Wayne Hughes passed away on August 18, 2021. This Amendment is being filed by the Estate of B. Wayne Hughes. The Estate of B. Wayne Hughes has distributed all Shares previously held by the Estate to the beneficiaries thereof and, as a result, no longer beneficially owns any shares.

SCHEDULE 13D

CUSIP Number(s):

02665T306

1

Name of reporting person

Tamara Hughes Gustavson

2

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 21,470,184.00
8	Shared Voting Power 100.00
9	Sole Dispositive Power 21,470,184.00
10	Shared Dispositive Power 100.00

11

Aggregate amount beneficially owned by each reporting person

21,470,284.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

13

Percent of class represented by amount in Row (11)

5.98 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) The numbers in rows 7, 9 and 11 include shares indirectly beneficially owned and 5,421 restricted share units, each representing a contingent right to receive one Class A common share. (2) The numbers in rows 8, 10 and 11 includes shares held beneficially by spouse. (3) Percentage of class based on number of shares outstanding at July 29, 2026 This Amendment No. 5 (this "Amendment") amends the Statement on Schedule 13D (the "Schedule 13D") as previously amended relating to the Class A common shares of beneficial interest, $0.01 par value per share (the "Shares") of American Homes 4 Rent. This Amendment is being filed to update the Schedule 13D to reflect that the Reporting Persons no longer constitute a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All capitalized terms used herein shall have the meanings given to them in the Schedule 13D, and unless amended or supplemented hereby, all information previously filed remains in effect.

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

Class A common shares of beneficial interest, $0.01 par value per share

(b)

Name of Issuer:

American Homes 4 Rent

(c)

Address of Issuer's Principal Executive Offices:

280 Pilot Road, Las Vegas, NEVADA , 89119.

Item 4.

Purpose of Transaction

Item 4 is hereby amended to add the following: The Estate of B. Wayne Hughes (the "Estate") distributed all Shares previously held by the Estate to the beneficiaries thereof. As a result, Tamara Hughes Gustavson, in her capacity as executor of the Estate, no longer may be deemed to beneficially owns any Shares formerly held by the Estate, and the Reporting Persons no longer constitute a "group" within the meaning of Section 13(d)(3) of the Exchange Act. Tamara Hughes Gustavson is separately making a Schedule 13D filing reporting her beneficial ownership of Shares.

Item 5.

Interest in Securities of the Issuer

(a)

As of September 11, 2026, each Reporting Person owned the aggregate number of Shares set forth below opposite his or her name. Such Shares constitute approximately 5.98%(1) in the aggregate of the 359,179,944 Class A common shares outstanding: Reporting Person Number of Shares Approximate Percentage of Shares Outstanding B. Wayne Hughes 0 0% Tamara Hughes Gustavson 21,470,284(2)(3) 5.98% (1) Based on the number of shares outstanding on July 29, 2026. (2) Includes shares indirectly beneficially owned. (3) Includes 5,421 restricted share units, each representing a contingent right to receive one Share.

(b)

The responses to Rows (7) through (13) of the Reporting Persons on their respective cover page of this Amendment are incorporated herein by reference.

(c)

The Reporting Persons have not effected any transactions in the Shares during the past sixty days.

(d)

Not applicable

(e)

On or before September 11, 2026, the Estate ceased to be the beneficial owner of more than 5% of Class A common shares outstanding.

Item 7.

Material to be Filed as Exhibits.

Exhibit A Joint Filing Agreement. Previously filed and incorporated by reference herein. Exhibit B Power of Attorney. Previously filed and incorporated by reference herein.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

HUGHES B WAYNE ET AL

Signature:	*
Name/Title:	Tamara Hughes Gustavson/Executor of the Estate of B. Wayne Hughes
Date:	09/11/2026

Tamara Hughes Gustavson

Signature:	*
Name/Title:	Tamara Hughes Gustavson
Date:	09/11/2026

Signature:	*/s/ David Goldberg
Name/Title:	David Goldberg/Attorney In Fact
Date:	09/11/2026