LGI Homes counsel reports stock award and tax sale
LGI Homes, Inc. General Counsel and Secretary Scott James Garber reported routine equity compensation and related tax sales.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
LGI Homes, Inc. General Counsel and Secretary Scott James Garber reported routine equity compensation and related tax sales. On March 8, 2026, he received a grant of 4,545 shares of common stock at a price of $0.00 per share. On March 9, 2026, he sold a total of 1,353 shares of common stock in three open‑market transactions at weighted average prices of $41.54, $42.55, and $43.41 per share to cover withholding taxes for awards vesting on March 8, 2026, with actual sale prices ranging from $41.06 to $43.67. Following these transactions, he directly owns 21,716 shares of LGI Homes common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 961 | $41.54 | $40K |
| Sale | Common Stock | 69 | $42.55 | $3K |
| Sale | Common Stock | 323 | $43.41 | $14K |
| Grant/Award | Common Stock | 4,545 | $0.00 | $0.00 |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LGI Homes (LGIH) report for Scott James Garber?
What type of equity award did Scott James Garber receive from LGI Homes (LGIH)?
AI-generated analysis. How Rhea-AI works. Not financial advice.