Meritage Homes chair awarded 5,925 performance shares
Meritage Homes Executive Chairman Steven J. Hilton reported an acquisition of 5,925 shares of MTH common stock, representing vesting of performance-based restricted stock units after meeting pre-set performance goals.
Rhea-AI Filing Summary
Meritage Homes Executive Chairman Steven J. Hilton reported an acquisition of 5,925 shares of MTH common stock, representing vesting of performance-based restricted stock units after meeting pre-set performance goals. These shares are held indirectly in family trusts and a charitable foundation he controls, some of which he disclaims beneficial ownership of.
Following this award, indirect holdings reported for these entities total 846,438 shares, while his direct holdings stand at 13,267 shares, including previously vested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | MTH Common Stock | 5,925 | $0.00 | $0.00 |
| holding | MTH Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents vesting of performance-based restricted stock units upon achievement of pre-specified performance targets.
- F2. Balance reflects all other holdings, including restricted stock units that have previously vested.
- F3. 766,438 shares are held by family trusts controlled by Mr. Hilton, including 26,850 shares that Mr. Hilton disclaims beneficial ownership of as they are held by certain family trusts that he has no pecuniary interest in. 80,000 shares are held by a charitable foundation controlled by Mr. Hilton, which Mr. Hilton disclaims beneficial ownership of as he has no pecuniary interest in such shares.
- F4. Balance represents restricted stock units not vested.
FAQ
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