LGI Homes COO gets shares, sells for 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,602 | $41.54 | $233K |
| Sale | Common Stock | 404 | $42.55 | $17K |
| Sale | Common Stock | 1,881 | $43.41 | $82K |
| Sale | Common Stock | 4,262 | $41.54 | $177K |
| Sale | Common Stock | 307 | $42.55 | $13K |
| Sale | Common Stock | 1,431 | $43.41 | $62K |
| Grant/Award | Common Stock | 12,128 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The sales reported in this transaction relate to withholding taxes for awards vesting on March 8, 2026.
- F2. 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.
- F3. 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.
- F4. 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.
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