Meritage Homes (MTH) awards 8,151 RSUs to Executive Chairman Hilton
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HILTON STEVEN J reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes Executive Chairman Steven J. Hilton received a grant of 8,151 restricted stock units of MTH common stock, with no cash paid per share. These RSUs will fully vest on March 15, 2029 and are characterized as a compensation award.
Following the grant, Hilton holds 21,418 shares directly, including restricted stock units that have not yet vested. In addition, 761,603 shares are held by family trusts controlled by him and 80,000 shares are held by a charitable foundation he controls, with certain portions of those indirect holdings disclaimed for beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HILTON STEVEN J
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | MTH Common Stock | 8,151 | $0.00 | -- |
| holding | MTH Common Stock | -- | -- | -- |
Holdings After Transaction:
MTH Common Stock — 21,418 shares (Direct);
MTH Common Stock — 841,603 shares (Indirect, Held in Family Trusts and Charitable Foundation)
Footnotes (1)
- Represents grant of restricted stock units. The shares will fully vest on March 15, 2029. Balance represents restricted stock units not vested. 761,603 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 reflects all other holdings, including restricted stock units that have previously vested.
FAQ
What insider transaction did Meritage Homes (MTH) report for Steven J. Hilton?
Meritage Homes reported that Executive Chairman Steven J. Hilton received a grant of 8,151 restricted stock units of MTH common stock as a compensation award. The grant involved no cash purchase and increases his direct equity-based holdings in the company.
When do Steven J. Hilton's newly granted Meritage Homes (MTH) RSUs vest?
The 8,151 restricted stock units granted to Steven J. Hilton will fully vest on March 15, 2029. This means he must remain eligible through that date to receive all underlying MTH shares, making the award a long-term incentive aligned with multi-year service.
What indirect Meritage Homes (MTH) holdings are associated with Steven J. Hilton?
There are 761,603 MTH shares held by family trusts controlled by Steven J. Hilton and 80,000 shares held by a charitable foundation he controls. He disclaims beneficial ownership of certain trust and foundation shares where he has no pecuniary interest.
Was Steven J. Hilton’s Meritage Homes (MTH) Form 4 a market purchase or sale?
The Form 4 does not show a market purchase or sale. Instead, it records a compensation-related grant of 8,151 restricted stock units at a price of $0.00 per share, categorized as a grant or award rather than an open-market trading transaction.
How significant is the RSU grant to Steven J. Hilton’s overall Meritage Homes (MTH) position?
The 8,151-unit RSU grant modestly increases Steven J. Hilton’s direct holdings to 21,418 shares. Separately, entities he controls hold 761,603 shares in family trusts and 80,000 shares in a charitable foundation, giving him substantial associated exposure alongside this new long-term incentive award.