Meritage Homes (MTH) awards 7,845 RSUs to EVP of operations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Woffinden Austin M reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes granted 7,845 restricted stock units to EVP of Corporate Operations & Strategy Austin M. Woffinden as equity compensation. According to the filing, these units will fully vest on March 15, 2029. After this grant, he directly holds 15,506 unvested restricted stock units and 20,595 total common stock holdings including previously vested units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Woffinden Austin M
Role
EVP, Corp. Ops & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | MTH Common Shares | 7,845 | $0.00 | -- |
| holding | MTH Common Stock | -- | -- | -- |
Holdings After Transaction:
MTH Common Shares — 15,506 shares (Direct);
MTH Common Stock — 20,595 shares (Direct)
Footnotes (1)
- Represents grant of restricted stock units. The shares will fully vest on March 15, 2029. 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) EVP Austin Woffinden receive in this Form 4 filing?
Austin M. Woffinden received a grant of 7,845 restricted stock units as equity compensation. These RSUs are tied to Meritage Homes common stock and increase his direct stock-based holdings in the company, aligning his compensation more closely with shareholder value.
When do Austin Woffinden’s new Meritage Homes (MTH) RSUs vest?
The 7,845 restricted stock units granted to Austin Woffinden will fully vest on March 15, 2029. Vesting means the units convert into shares he can own outright, typically contingent on his continued employment with Meritage Homes through that date.
How many unvested Meritage Homes (MTH) restricted stock units does Austin Woffinden now hold?
Following this grant, Austin Woffinden holds 15,506 unvested restricted stock units. These units represent Meritage Homes equity that has been awarded but will only become fully owned by him as they vest over time under the company’s compensation arrangements.
What are Austin Woffinden’s total direct Meritage Homes (MTH) holdings after this transaction?
After the reported transactions, Austin Woffinden’s direct Meritage Homes holdings total 20,595 common stock shares and units. This balance includes both previously vested restricted stock units and other share holdings, reflecting his overall equity stake reported in this Form 4.
Was the Meritage Homes (MTH) Form 4 transaction an open-market buy or sell?
No, the Form 4 reflects a grant or award acquisition, not an open-market trade. The 7,845 units were awarded at zero price per share as part of Austin Woffinden’s compensation, rather than purchased or sold on the stock market.
What do the footnotes in the Meritage Homes (MTH) Form 4 explain about the RSUs?
The footnotes state the 7,845 units are restricted stock units that fully vest on March 15, 2029. They also clarify that 15,506 units remain unvested, and 20,595 shares represent all other direct holdings, including previously vested restricted stock units.