Director at Meritage Homes (NYSE: MTH) granted 3,100 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HENRETTA DEBORAH A reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes director Deborah A. Henretta reported an equity award of 3,100 MTH common share restricted stock units, received at no cash cost. According to the filing, these units fully vest on the third anniversary of the grant date. After this grant, she directly holds 9,300 unvested restricted stock units and a total of 53,434 Meritage Homes common shares, including previously vested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HENRETTA DEBORAH A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | MTH Common Shares | 3,100 | $0.00 | -- |
| holding | MTH Common Stock | -- | -- | -- |
Holdings After Transaction:
MTH Common Shares — 9,300 shares (Direct);
MTH Common Stock — 53,434 shares (Direct)
Footnotes (1)
- Represents grant of restricted stock units. The shares will fully vest on the third anniversary of the date of grant. Balance represents restricted stock units not vested. Balance reflects all other holdings, including restricted stock units that have previously vested.
FAQ
What did Meritage Homes (MTH) director Deborah Henretta report in this Form 4?
Deborah Henretta reported receiving an award of 3,100 Meritage Homes restricted stock units. The filing states these equity units were granted at no cash cost and will vest over time, increasing her direct share-based holdings in the company.
How many Meritage Homes (MTH) restricted stock units were granted to Deborah Henretta?
The Form 4 shows a grant of 3,100 restricted stock units of Meritage Homes common stock. This award increases her unvested restricted stock unit balance and is structured to vest in full after a multi-year service period with the company’s board.
When do Deborah Henretta’s new Meritage Homes restricted stock units vest?
The filing states that the 3,100 restricted stock units fully vest on the third anniversary of the grant date. This means the award is subject to a three-year vesting period, encouraging continued service before the units convert into freely owned shares.
How many unvested Meritage Homes (MTH) restricted stock units does Deborah Henretta now hold?
After the reported grant, Deborah Henretta directly holds 9,300 unvested restricted stock units. The Form 4 indicates this balance reflects restricted stock units that have not yet vested and therefore remain subject to the company’s vesting conditions and timelines.
Was this Meritage Homes (MTH) Form 4 a stock purchase or an equity award?
The transaction is described as a grant or award acquisition, not an open-market stock purchase. The 3,100 restricted stock units were awarded at a stated price of zero, reflecting a director compensation grant rather than a cash-funded share purchase.