LGI Homes insider moves 469 shares to Merdian Management Trust; ownership retained

Rhea-AI Filing Summary

Insider transfers 469 LGIH shares into family trust; reporting person retains beneficial ownership. The Form 4 shows that Charles Merdian (CFO and Treasurer) had 469 shares acquired by his spouse on 08/26/2025 and those 469 shares were transferred by his spouse to the Merdian Management Trust on 08/27/2025 for no consideration. The filing states Mr. Merdian and his spouse are trustees and the sole beneficiaries of the trust and that he remains the beneficial owner of securities held by the trust. The filing also lists indirect holdings of 129,619 shares by the Merdian Management Trust and 13,174 shares by the Charles Merdian 2021 Trust as reported on the form.

Insights

Corporate Governance Expert

TL;DR: Routine intra-family transfer to a management trust; beneficial ownership retained by officer.

This Form 4 documents a straightforward transfer of 469 shares from the reporting person’s spouse into a trust where the reporting person and spouse serve as trustees and beneficiaries. No cash consideration was exchanged and the reporting person explicitly states continued beneficial ownership of the shares held by the trust. Such transfers commonly reflect estate or family trust planning rather than market trading and do not change control or create a new external counterparty exposure.

Securities Compliance Analyst

TL;DR: Transaction appears consistent with Section 16 reporting; no sale to third parties disclosed.

The filing records acquisition (W/V) and a subsequent disposition code (G) tied to an intra-family trust transfer. The explanation clarifies the spouse-to-trust movement and affirms the reporting person’s continuing beneficial ownership. From a compliance perspective, the form includes signature and dates and describes ownership forms (direct/indirect). There is no indication of derivative transactions or sales to outside parties in this filing.

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
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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^*

Merdian Charles Michael

(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)
	CFO and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

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	08/26/2025		W	V	469	A	$0	469	I	By spouse
Common Stock	08/27/2025		G		469	D	$0	0	I(1)	By spouse
Common Stock								16,310	D
Common Stock								129,619	I(1)	By Merdian Management Trust
Common Stock								13,174	I	By Charles Merdian 2021 Trust

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. On August 27, 2025, the reporting person's spouse transferred 469 shares of LGI Homes, Inc. common stock to the Merdian Management Trust for no consideration. The reporting person and his spouse are the trustees and the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.

Remarks:

	/s/ Charles Merdian	08/28/2025
	** 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 transaction did Charles Merdian report on Form 4 for LGIH?

The filing reports that 469 shares were acquired by the reporting person’s spouse on 08/26/2025 and those 469 shares were transferred to the Merdian Management Trust on 08/27/2025 for no consideration.

Does Charles Merdian retain ownership after the transfer?

Yes. The filing states that Mr. Merdian and his spouse are trustees and sole beneficiaries of the trust and that he remains the beneficial owner of securities held by the trust.

How many LGIH shares are shown as held by the Merdian Management Trust?

The Form 4 lists 129,619 shares as indirectly held by the Merdian Management Trust.

Are there any derivative securities reported in this Form 4?

No. Table II for derivative securities contains no reported transactions or holdings in this filing.

What is Charles Merdian’s role at LGI Homes, Inc. (LGIH)?

The filing identifies Charles Merdian as an Officer with the titles CFO and Treasurer.