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LGIH (NASDAQ) files Rule 144 notice to sell 24,898 and 15,000 vested shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LGIH submitted a Form 144 notice reporting proposed sales of Common Stock under Rule 144 tied to RSU/PSU vesting events. The filing lists a proposed sale of 24,898 shares from a 03/06/2026 vesting and 15,000 shares from a 03/15/2021 vesting, with the broker shown as Merrill Lynch Pierce Fenner & Smith Inc.

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Insights

Rule 144 notice for vested RSUs/PSUs; sales planned through broker.

LGIH's filing lists two specific vested tranches: 24,898 shares (vested 03/06/2026) and 15,000 shares (vested 03/15/2021), with sales routed via Merrill Lynch. The filing is procedural under Rule 144 to enable resale.

Timing and exact sale mechanics are not detailed; subsequent SEC filings or trade reports would show executed dispositions.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does LGIH's Form 144 report about the shares to be sold?

It reports proposed sales of 24,898 and 15,000 common shares tied to RSU/PSU vesting events. The filing names Merrill Lynch Pierce Fenner & Smith Inc. as the broker and lists vesting dates of 03/06/2026 and 03/15/2021.

Do LGIH shareholders receive proceeds from the sales in this Form 144?

The Form 144 shows proposed resale of shares by an insider or affiliated holder; it does not state use of proceeds. The filing lists the broker and share counts but does not specify who will receive the cash proceeds from any completed sales.

Are the LGIH shares in the filing already vested or issuable?

The filing explicitly ties the listed shares to RSU & PSU vesting events dated 03/06/2026 and 03/15/2021, indicating the shares are associated with vesting tranches rather than unvested awards in the provided excerpt.

Will LGIH disclose when the proposed sales are completed?

Form 144 itself is a notice of proposed sale and does not confirm execution. Actual sales, if executed, may appear in trade reports or subsequent insider filings such as Form 4, which would disclose completed dispositions and exact transaction details.
Lgi Homes Inc

NASDAQ:LGIH

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1.01B
20.07M
Residential Construction
Operative Builders
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United States
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