STOCK TITAN

Meritage Homes (NYSE: MTH) chair adds 5,925 shares via award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 HILTON STEVEN J
Role Executive Chairman
Type Security Shares Price Value
Grant/Award MTH Common Stock 5,925 $0.00 --
holding MTH Common Stock -- -- --
Holdings After Transaction: MTH Common Stock — 846,438 shares (Indirect, Held in Family Trusts and Charitable Foundation); MTH Common Stock — 13,267 shares (Direct)
Footnotes (1)
  1. Represents vesting of performance-based restricted stock units upon achievement of pre-specified performance targets. Balance reflects all other holdings, including restricted stock units that have previously vested. 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. Balance represents restricted stock units not vested.
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
Estimated average burden
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*
HILTON STEVEN J

(Last) (First) (Middle)
18655 NORTH CLARET DRIVE
SUITE 400

(Street)
SCOTTSDALE AZ 85255

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Meritage Homes CORP [ MTH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
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
MTH Common Stock 02/20/2026 A 5,925(1) A $0 846,438(2)(3) I Held in Family Trusts and Charitable Foundation
MTH Common Stock 13,267(4) D
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. Represents vesting of performance-based restricted stock units upon achievement of pre-specified performance targets.
2. Balance reflects all other holdings, including restricted stock units that have previously vested.
3. 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.
4. Balance represents restricted stock units not vested.
Remarks:
/s/ Alison Sasser, attorney-in-fact for Steven J. Hilton 02/23/2026
** 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.
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 insider transaction did Meritage Homes (MTH) report for Steven J. Hilton?

Meritage Homes reported that Executive Chairman Steven J. Hilton acquired 5,925 shares of MTH common stock through vesting of performance-based restricted stock units. The vesting occurred after achievement of specified performance targets, and the shares are held indirectly through family trusts and a charitable foundation.

How many Meritage Homes (MTH) shares does Steven J. Hilton now report indirectly?

After the reported award, entities associated with Steven J. Hilton hold 846,438 MTH shares indirectly. These consist of shares in family trusts he controls and a charitable foundation, with Hilton disclaiming beneficial ownership of certain trust and foundation shares where he has no pecuniary interest.

Were Steven J. Hilton’s new Meritage Homes (MTH) shares purchased on the open market?

No, the 5,925 new Meritage Homes shares were not open-market purchases. They reflect vesting of performance-based restricted stock units at a stated price of $0.00 per share after meeting pre-specified performance goals, functioning as a stock-based compensation award rather than a cash-funded purchase.

What are Steven J. Hilton’s direct Meritage Homes (MTH) shareholdings after this Form 4?

Following the reported transactions, Steven J. Hilton’s directly held Meritage Homes shares total 13,267. This balance includes previously vested restricted stock units, separate from the larger indirect holdings reported through family trusts and a charitable foundation associated with him.

How are family trusts and a foundation involved in Steven J. Hilton’s Meritage Homes (MTH) holdings?

Hilton’s indirect Meritage Homes holdings are reported as shares in family trusts and a charitable foundation he controls. The filing notes 766,438 shares in family trusts and 80,000 in the foundation, and he disclaims beneficial ownership of portions where he has no pecuniary interest.