Charitable foundation tied to Meritage (NYSE: MTH) sells 5,000 shares

Rhea-AI Filing Summary

Meritage Homes Chief Executive Officer Phillippe Lord reported charitable and related-party transactions involving company stock. A charitable foundation controlled by Mr. Lord sold 5,000 MTH shares at a weighted average price of $80.07 per share, with individual trades between $80.05 and $80.15. On the same date, 10,000 shares were transferred as bona fide gifts from Mr. Lord’s direct holdings and from family limited partnerships he controls to the charitable foundation. After these moves, family limited partnerships controlled by Mr. Lord held 216,320 shares, the charitable foundation held 5,000 shares, and his direct holdings totaled 107,254 shares, alongside additional unvested restricted stock units.

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

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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^*

Lord Phillippe

(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)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		G		5,000(1)	D	$0	0	D
MTH Common Stock	02/18/2026		G		5,000(1)	A	$0	221,320(2)	I	Limited Partnership
MTH Common Stock	02/18/2026		S		5,000(3)	D	$80.07(4)	216,320(5)(6)	I	Limited Partnership
MTH Common Shares								107,254(7)	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 a gift from the direct holdings of Mr. Lord to a charitable foundation controlled by Mr. Lord.

2. Balance includes 216,320 shares held by family limited partnerships controlled by Mr. Lord and 5,000 shares held by a charitable foundation controlled by Mr. Lord. Mr. Lord disclaims beneficial ownership of the shares held by the charitable foundation as he has no pecuniary interest in such shares.

3. Represents the sale of shares by a charitable foundation controlled by Mr. Lord. Mr. Lord disclaims beneficial ownership of the shares held by the charitable foundation as he has no pecuniary interest in such shares.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.05 to $80.15, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. Balance reflects all other holdings, including restricted stock units that have previously vested.

6. All shares are held by family limited partnerships controlled by Mr. Lord.

7. Balance represents restricted stock units not vested.

Remarks:

	/s/ Alison Sasser, attorney-in-fact for Phillippe Lord	02/19/2026
	** 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 transactions did Meritage Homes (MTH) report for Phillippe Lord?

Meritage Homes reported that entities associated with CEO Phillippe Lord completed bona fide gifts totaling 10,000 shares and an indirect sale of 5,000 MTH common shares. These movements involved his direct holdings, family limited partnerships, and a charitable foundation he controls.

How many Meritage Homes (MTH) shares were sold in the latest insider filing?

The filing shows an indirect sale of 5,000 Meritage Homes common shares by a charitable foundation controlled by CEO Phillippe Lord. The weighted average sale price was $80.07 per share, with trades executed between $80.05 and $80.15 per share.

What were the gift transactions involving Meritage Homes (MTH) shares?

Two bona fide gift transfers totaling 10,000 Meritage Homes shares were reported. Shares were gifted from Mr. Lord’s direct holdings and from family limited partnerships he controls to a charitable foundation. Mr. Lord disclaims beneficial ownership of shares held by the charitable foundation.

What are Phillippe Lord’s direct Meritage Homes (MTH) holdings after these transactions?

After the reported transactions, Phillippe Lord directly held 107,254 Meritage Homes shares. Footnotes state this balance reflects all other direct holdings, including restricted stock units that have previously vested, separate from his indirect interests through partnerships and a charitable foundation.

How many Meritage Homes (MTH) shares are held indirectly through entities linked to Phillippe Lord?

Following the transactions, 216,320 Meritage Homes shares were held by family limited partnerships controlled by Phillippe Lord, and 5,000 shares were held by a charitable foundation he controls. He disclaims beneficial ownership of the foundation’s shares due to having no pecuniary interest in them.

What does the Form 4 say about Phillippe Lord’s beneficial ownership of Meritage Homes (MTH) shares?

The filing explains that all indirect shares are held by family limited partnerships controlled by Phillippe Lord. It also states he disclaims beneficial ownership of shares held by the charitable foundation because he has no pecuniary interest in those particular Meritage Homes shares.