STOCK TITAN

Director Peter Ax receives 3,100 RSU grant at Meritage Homes (MTH)

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

Rhea-AI Filing Summary

AX PETER L reported acquisition or exercise transactions in this Form 4 filing.

Meritage Homes director Peter L. Ax received an equity grant of 3,100 restricted stock units (RSUs) of MTH common shares. The award was granted at no cash price and will fully vest on the third anniversary of the grant date.

After this grant, Ax directly holds 9,300 unvested RSUs. He also has indirect ownership of 38,758 shares of MTH common stock held in a trust, which includes restricted stock units that have previously vested.

Positive

  • None.

Negative

  • None.
Insider AX PETER L
Role Director
Type Security Shares Price Value
Grant/Award MTH Common Shares 3,100 $0.00 --
holding MTH Common Stock -- -- --
Holdings After Transaction: MTH Common Shares — 9,300 shares (Direct); MTH Common Stock — 38,758 shares (Indirect, HELD IN TRUST)
Footnotes (1)
  1. Represents grant of restricted stock units. The shares will fully vest on the third anniversary of the date of grant. Balance represents restricted stock units not vested. Balance reflects all other holdings, including restricted stock units that have previously 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*
AX PETER L

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 Shares 02/19/2026 A 3,100(1) A $0 9,300(2) D
MTH Common Stock 38,758(3) I HELD IN TRUST
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 grant of restricted stock units. The shares will fully vest on the third anniversary of the date of grant.
2. Balance represents restricted stock units not vested.
3. Balance reflects all other holdings, including restricted stock units that have previously vested.
Remarks:
/s/ Alison Sasser, attorney-in-fact for Peter L. Ax 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 Peter L. Ax?

Meritage Homes reported that director Peter L. Ax received a grant of 3,100 restricted stock units of MTH common shares. This is an equity compensation award, not an open‑market purchase or sale, and was granted at no cash cost per share.

When do Peter L. Ax’s new Meritage Homes (MTH) RSUs vest?

The 3,100 restricted stock units granted to Peter L. Ax will fully vest on the third anniversary of the grant date. Until vesting, the units generally represent a contingent right to receive shares rather than currently transferable common stock.

How many Meritage Homes (MTH) shares does Peter L. Ax hold directly after this Form 4?

After the grant, Peter L. Ax directly holds 9,300 restricted stock units that are not yet vested. These units reflect his direct equity-based compensation position and are separate from his additional indirect holdings in a trust structure.

What indirect Meritage Homes (MTH) holdings are reported for Peter L. Ax?

The filing shows 38,758 MTH common shares held indirectly in a trust. This balance reflects all other holdings associated with Ax, including restricted stock units that have previously vested and are now treated as part of the trust’s share position.

Is Peter L. Ax’s Meritage Homes (MTH) Form 4 a share purchase or a compensation grant?

The Form 4 reflects a compensation grant, not a market trade. Ax received 3,100 restricted stock units as a grant or award, with no purchase price per share, consistent with typical director equity compensation programs at public companies.