Meritage Homes (MTH) chair Steven J. Hilton reports 22,000-share stock gifts
Rhea-AI Filing Summary
Meritage Homes Corp Executive Chairman Steven J. Hilton reported charitable and estate-planning related share transfers rather than market trades. On 2026-05-12, entities associated with him made two bona fide gifts of 11,000 shares of MTH common stock each, for a total of 22,000 shares, at a stated price of $0.0000 per share.
These transfers moved shares within Mr. Hilton’s indirect holdings, including a family trust controlled by him. After the gifts, indirect holdings reported in family trusts and a charitable foundation totaled 830,603 shares, while his direct holdings stood at 21,418 shares. Footnotes note that he disclaims beneficial ownership of certain trust and foundation shares where he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,000 shares gifted
Gift
3 txns
Insider
HILTON STEVEN J
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | MTH Common Stock | 11,000 | $0.00 | $0.00 |
| Gift | MTH Common Stock | 11,000 | $0.00 | $0.00 |
| holding | MTH Common Stock | -- | -- | -- |
Holdings After Transaction:
MTH Common Stock — 841,603 shares (Indirect, Held in Family Trusts and Charitable Foundation);
MTH Common Stock — 21,418 shares (Direct)
Footnotes (4)
- F1. Represents a gift from the indirect holdings of Mr. Hilton to a family trust controlled by Mr. Hilton.
- F2. 761,603 shares are held by family trusts controlled by Mr. Hilton, including 37,850 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.
- F3. Balance reflects all other holdings, including restricted stock units that have previously vested.
- F4. Balance represents restricted stock units not vested.
Key Figures
Gifted shares per transaction: 11,000 shares
Total gifted shares: 22,000 shares
Gift transaction price: $0.0000 per share
+5 more
8 metrics
Gifted shares per transaction
11,000 shares
Each bona fide gift on May 12, 2026
Total gifted shares
22,000 shares
Sum of two bona fide gifts on May 12, 2026
Gift transaction price
$0.0000 per share
Reported price for both gift transfers
Indirect holdings after gifts
830,603 shares
Indirect Meritage Homes holdings following second gift
Direct holdings after transactions
21,418 shares
Direct Meritage Homes holdings following reported entries
Family trust shares
761,603 shares
Held by family trusts controlled by Mr. Hilton
Charitable foundation shares
80,000 shares
Held by charitable foundation controlled by Mr. Hilton
Disclaimed trust shares
37,850 shares
Trust shares for which Mr. Hilton disclaims beneficial ownership
Key Terms
bona fide gift, indirect holdings, family trusts, charitable foundation, +2 more
6 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect holdings financial
"Represents a gift from the indirect holdings of Mr. Hilton"
family trusts financial
"761,603 shares are held by family trusts controlled by Mr. Hilton"
charitable foundation financial
"80,000 shares are held by a charitable foundation controlled by Mr. Hilton"
A charitable foundation is a non-profit organization established to collect and manage funds to support charitable activities, such as education, health, or community projects. It acts like a financial reservoir dedicated to giving back to society, often funded by individuals, families, or corporations. For investors, supporting or donating to such foundations can enhance social impact and may offer tax benefits.
disclaims beneficial ownership financial
"Mr. Hilton disclaims beneficial ownership of as they are held by certain family trusts"
restricted stock units financial
"Balance reflects all other holdings, including restricted stock units that have previously vested."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transaction did Meritage Homes (MTH) report for Steven J. Hilton?
Steven J. Hilton reported two bona fide gifts totaling 22,000 shares of Meritage Homes common stock. Each gift involved 11,000 shares, recorded at a transaction price of $0.0000 per share, reflecting non-market charitable or estate-planning transfers rather than open-market sales.
Were the recent MTH insider transactions by Steven J. Hilton open-market sales?
No, the Form 4 shows bona fide gifts, not open-market sales. Two transactions transferred a combined 22,000 Meritage Homes shares at $0.0000 per share from indirect holdings, indicating non-cash movements typically associated with charitable or estate-planning activity instead of trading in the market.
What are Steven J. Hilton’s indirect holdings in Meritage Homes (MTH) after the Form 4 transactions?
Following the gifts, indirect holdings associated with Steven J. Hilton totaled 830,603 Meritage Homes shares. These include 761,603 shares in family trusts and 80,000 shares in a charitable foundation, with certain portions specifically disclaimed as to beneficial ownership due to lack of pecuniary interest.
What do the Meritage Homes (MTH) Form 4 footnotes say about Hilton’s beneficial ownership?
The footnotes state that some shares in family trusts and the charitable foundation are controlled by Steven J. Hilton but he has no pecuniary interest in those portions. As a result, he disclaims beneficial ownership of 37,850 trust shares and all 80,000 foundation shares.
What does the ‘bona fide gift’ code mean in the MTH Form 4 for Steven J. Hilton?
The Form 4 uses transaction code “G” for bona fide gifts, indicating shares were transferred without consideration. For Steven J. Hilton, this code applies to two 11,000-share transfers, showing they were non-cash gifts rather than purchases or sales executed in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
