Tax-withholding sale by Meritage Homes (MTH) chief accounting officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meritage Homes senior executive Alison Sasser reported an open-market sale of 151 shares of MTH common stock at $76.80 per share. The transaction occurred as part of a Rule 10b5-1 trading plan and was specifically to cover required tax withholdings.
Following this sale, Sasser directly holds 8,907 shares of Meritage Homes common stock. Footnotes explain that separate balances reflect additional holdings, including previously vested and unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 151 shares ($11,597)
Net Sell
2 txns
Insider
Sasser Alison
Role
SVP - Chief Accounting Officer
Sold
151 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | MTH Common Stock | 151 | $76.80 | $12K |
| holding | MTH Common Shares | -- | -- | -- |
Holdings After Transaction:
MTH Common Stock — 8,907 shares (Direct);
MTH Common Shares — 8,980 shares (Direct)
Footnotes (1)
- Represents sale of shares to cover required tax withholdings under a Rule 10b5-1 plan. Balance reflects all other holdings, including restricted stock units that have previously vested. Balance represents restricted stock units not vested.
FAQ
What insider transaction did Meritage Homes (MTH) report for Alison Sasser?
Meritage Homes reported that SVP and Chief Accounting Officer Alison Sasser sold 151 shares of MTH common stock. The shares were sold at $76.80 each under a Rule 10b5-1 trading plan to cover required tax withholdings associated with her equity compensation.
Was Alison Sasser’s Meritage Homes (MTH) stock sale discretionary or part of a plan?
The sale was executed under a pre-arranged Rule 10b5-1 trading plan rather than a purely discretionary trade. The filing states the 151 shares were sold specifically to cover required tax withholdings tied to Sasser’s stock-based compensation at Meritage Homes.
What role does Alison Sasser hold at Meritage Homes (MTH) in this Form 4 filing?
In this Form 4, Alison Sasser is identified as Meritage Homes’ Senior Vice President and Chief Accounting Officer. Her role explains why she receives stock-based awards, including restricted stock units, which can trigger required tax-withholding sales like the one reported here.