Form 4 for MTH Meritage Homes CORP
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0000833079-24-000059 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-03-05 | 2024-03-04 | MTH | Lord Phillippe | CEO, Dir | S - Sale | $158.22 | -18.1K | 106.5K | -15% | -$2.87M |
| I | 2024-03-05 | 2024-03-01 | MTH | Lord Phillippe | CEO, Dir | A - Grant | $0.00 | +24.5K | 120.9K | +25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | M/TH COMMON STOCK | 2024-03-04 | S | D | 200 | $160.86 | 102,766 | I Limited Partnership, Limited Liability Company and Charitable Foundation | — | — | (F2) Represents sale of shares to cover required tax withholdings under a 10b5-1 plan. (F7) 42,760 shares are held by a family limited partnership controlled by Mr. Lord, 57,506 shares are held by a limited liability company controlled by Mr. Lord, and 2,500 shares are held by a charitable foundation controlled by Mr. Lord. Mr. Lord disclaims beneficial ownership of the share held by the charitable foundation as he has no pecuniary interest in such shares. (F6) Balance reflects all other holdings, including restricted stock units that have previously vested. |
| 2 | Common | M/TH COMMON STOCK | 2024-03-01 | A | A | 24,466 | $0.00 | 120,885 | I Limited Partnership, Limited Liability Company and Charitable Foundation | — | — | (F1) Represents vesting of performance-based restricted stock units upon achievement of pre-specified performance targets. |
| 3 | Common | M/TH COMMON STOCK | 2024-03-04 | S | D | 2,840 | $158.81 | 103,631 | I Limited Partnership, Limited Liability Company and Charitable Foundation | — | — | (F2) Represents sale of shares to cover required tax withholdings under a 10b5-1 plan. (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.48 to $159.33, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 4 | Common | M/TH COMMON STOCK | 2024-03-04 | S | D | 665 | $159.94 | 102,966 | I Limited Partnership, Limited Liability Company and Charitable Foundation | — | — | (F2) Represents sale of shares to cover required tax withholdings under a 10b5-1 plan. (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.68 to $160.23, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 5 | Common | M/TH COMMON STOCK | 2024-03-04 | S | D | 14,414 | $157.99 | 106,471 | I Limited Partnership, Limited Liability Company and Charitable Foundation | — | — | (F2) Represents sale of shares to cover required tax withholdings under a 10b5-1 plan. (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.46 to $158.45, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |