LGI Homes (NASDAQ: LGIH) COO granted shares, then sells stock to cover tax withholding

Rhea-AI Filing Summary

LGI Homes, Inc. President and COO Michael Larry Snider reported a mix of equity compensation and related share sales. On March 8, 2026, he acquired 12,128 shares of common stock as a grant at no cost. The filing then shows open-market sales totaling 13,887 shares of common stock on March 9, 2026, at weighted average prices reported around the low-$40 range, with prices spanning from $41.06 to $43.67 per share. A footnote states these sales relate to withholding taxes for awards vesting on March 8, 2026. After these transactions, Snider holds 30,517 shares directly, while the Snider Management Trust holds 175,556 shares indirectly, and an additional 4,227 shares are held indirectly through his spouse.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Snider Michael Larry

(Last) (First) (Middle)

1450 LAKE ROBBINS DRIVE, SUITE 430

(Street)

THE WOODLANDS TX 77380

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LGI Homes, Inc. [ LGIH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/08/2026		A		12,128	A	$0	38,404	D
Common Stock	03/09/2026		S(1)		5,602	D	$41.54(2)	32,802	D
Common Stock	03/09/2026		S(1)		404	D	$42.55(3)	32,398	D
Common Stock	03/09/2026		S(1)		1,881	D	$43.41(4)	30,517	D
Common Stock	03/09/2026		S		4,262	D	$41.54(2)	177,294	I	By Snider Management Trust
Common Stock	03/09/2026		S		307	D	$42.55(3)	176,987	I	By Snider Management Trust
Common Stock	03/09/2026		S		1,431	D	$43.41(4)	175,556	I	By Snider Management Trust
Common Stock								4,227	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this transaction relate to withholding taxes for awards vesting on March 8, 2026.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.06 to $42.05, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.06 to $43.02, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote.

4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.06 to $43.67, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote.

Remarks:

	/s/ Charles Merdian, Attorney-in-Fact	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did LGI Homes (LGIH) report for Michael Larry Snider?

Michael Larry Snider reported receiving 12,128 LGI Homes common shares as a grant on March 8, 2026, then selling 13,887 shares on March 9, 2026, in multiple open-market trades at weighted average prices in the low-$40 range.

Were the LGI Homes (LGIH) insider stock sales tax-related?

Yes. A footnote states the reported sales relate to withholding taxes for awards vesting on March 8, 2026. This indicates the transactions were primarily to satisfy tax obligations tied to equity compensation rather than discretionary sales of existing holdings.

How many LGI Homes (LGIH) shares does Michael Larry Snider own after these transactions?

After the reported transactions, Michael Larry Snider directly owns 30,517 LGI Homes common shares. In addition, the Snider Management Trust holds 175,556 shares indirectly, and 4,227 shares are held indirectly through his spouse, as disclosed in the filing.

What role does the Snider Management Trust play in LGI Homes (LGIH) share ownership?

The Snider Management Trust is disclosed as holding LGI Homes common stock indirectly for Michael Larry Snider. Following the March 9, 2026 transactions, the trust holds 175,556 shares, and some reported open-market sales were executed from this trust-held position.

At what prices were the LGI Homes (LGIH) insider sales executed?

The filing reports weighted average sale prices around $41.54, $42.55, and $43.41 per share. Footnotes explain these averages reflect multiple trades, with individual prices ranging from $41.06 up to $43.67 per share across different transaction groups.