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LGI Homes (NASDAQ: LGIH) GC gets 4,545 shares, sells 1,353

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Garber Scott James

(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)
General Counsel and Secretary
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 4,545 A $0 23,069 D
Common Stock 03/09/2026 S(1) 961 D $41.54(2) 22,108 D
Common Stock 03/09/2026 S(1) 69 D $42.55(3) 22,039 D
Common Stock 03/09/2026 S(1) 323 D $43.41(4) 21,716 D
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did LGI Homes (LGIH) report for Scott James Garber?

LGI Homes General Counsel Scott James Garber reported receiving 4,545 shares of common stock as an equity award, then selling 1,353 shares. The sales occurred in three open‑market transactions primarily to cover withholding taxes for awards that vested on March 8, 2026.

How many LGI Homes (LGIH) shares does Scott James Garber hold after this Form 4?

After the reported award and tax‑related sales, Scott James Garber directly holds 21,716 shares of LGI Homes common stock. This figure reflects his position following the 4,545‑share grant on March 8, 2026, and the subsequent sale of 1,353 shares on March 9, 2026.

Were Scott James Garber’s LGI Homes (LGIH) stock sales discretionary or tax related?

The filing states the reported sales relate to withholding taxes for awards vesting on March 8, 2026. This indicates the 1,353 shares sold on March 9, 2026 were primarily to satisfy tax obligations tied to equity compensation, rather than purely discretionary open‑market selling.

At what prices did Scott James Garber sell LGI Homes (LGIH) shares?

Garber’s 1,353 LGI Homes shares were sold in multiple trades at weighted average prices of $41.54, $42.55, and $43.41 per share. The filing notes the actual sale prices ranged from $41.06 to $43.67, with detailed breakdowns available upon request from the company.

What type of equity award did Scott James Garber receive from LGI Homes (LGIH)?

Scott James Garber received an equity award of 4,545 shares of LGI Homes common stock at a price of $0.00 per share. The transaction is classified as a grant or award acquisition and is linked to awards that vested on March 8, 2026, according to the disclosure.
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1.03B
20.07M
Residential Construction
Operative Builders
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United States
THE WOODLANDS