LGI Homes (LGIH) CFO gets stock grant, sells shares for taxes

Rhea-AI Filing Summary

LGI Homes, Inc. CFO and Treasurer Charles Michael Merdian reported a mix of stock compensation and related tax sales. On March 8, 2026, he received a grant of 11,218 shares of common stock. On March 9, 2026, a total of 7,211 shares were sold in three open-market transactions to cover withholding taxes for awards vesting on March 8, 2026, according to the footnotes.

Sale prices had weighted averages of $41.54, $42.55, and $43.41, each representing multiple trades within disclosed price ranges. After these transactions, he held 20,540 shares directly, plus indirect holdings of 13,174 shares through the Charles Merdian 2021 Trust and 129,619 shares through the Merdian Management Trust.

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^*

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)
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		11,218	A	$0	27,751	D
Common Stock	03/09/2026		S(1)		5,122	D	$41.54(2)	22,629	D
Common Stock	03/09/2026		S(1)		369	D	$42.55(3)	22,260	D
Common Stock	03/09/2026		S(1)		1,720	D	$43.41(4)	20,540	D
Common Stock								13,174	I	By Charles Merdian 2021 Trust
Common Stock								129,619	I	By Merdian Management 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. 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	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.
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FAQ

What insider transactions did LGIH CFO Charles Michael Merdian report?

CFO Charles Michael Merdian reported a stock grant and related tax sales. He received 11,218 LGI Homes common shares, then sold 7,211 shares in open-market transactions to satisfy withholding taxes on awards vesting March 8, 2026, according to the filing footnotes.

How many LGIH shares were granted to the CFO in this Form 4?

The CFO received a grant of 11,218 shares of LGI Homes common stock. This award was recorded on March 8, 2026 at a reported price of $0.00 per share, consistent with compensation-related grants rather than market purchases, and increased his direct holdings before subsequent tax-related sales.

How many LGIH shares did the CFO sell and at what prices?

He sold a total of 7,211 LGI Homes shares in three open-market transactions. Weighted average prices were $41.54, $42.55, and $43.41 per share, each representing multiple trades within specified price ranges detailed in the footnotes to the Form 4 filing.

Why were LGIH shares sold by the CFO in this Form 4 filing?

The filing states the reported sales related to withholding taxes for awards vesting on March 8, 2026. This indicates the transactions were primarily to cover tax obligations on equity compensation, rather than discretionary open-market sales to change overall investment exposure.

What are the CFO’s LGIH share holdings after these transactions?

Following the reported grant and tax-related sales, the CFO held 20,540 LGI Homes shares directly. In addition, he had indirect ownership of 13,174 shares via the Charles Merdian 2021 Trust and 129,619 shares via the Merdian Management Trust, as reflected in the filing.

Were any derivative securities involved in this LGIH Form 4?

No derivative transactions were reported in this Form 4. The derivative summary shows zero exercises and no remaining derivative positions disclosed, indicating the activity involved only non-derivative LGI Homes common stock, including a share grant and related tax withholding sales.