Meritage Homes (NYSE: MTH) CFO granted new restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sferruzza Hilla reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes Executive Vice President and Chief Financial Officer Hilla Sferruzza received a grant of 14,672 restricted stock units of MTH common shares at no cost as equity compensation. According to the filing, these units will fully vest on March 15, 2029.
After this award, her direct holdings stand at 38,185 shares, which include restricted stock units that are not yet vested. She also has indirect ownership of 124,961 shares of MTH common stock held in family trusts that she controls, reflecting a substantial ongoing equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sferruzza Hilla
Role
EVP- Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | MTH Common Shares | 14,672 | $0.00 | -- |
| holding | MTH Common Stock | -- | -- | -- |
Holdings After Transaction:
MTH Common Shares — 38,185 shares (Direct);
MTH Common Stock — 124,961 shares (Indirect, HELD IN FAMILY TRUSTS)
Footnotes (1)
- Represents grant of restricted stock units. The shares will fully vest on March 15, 2029. Balance represents restricted stock units not vested. All shares are held in a family trust controlled by Ms. Sferruzza. Balance reflects all other holdings, including restricted stock units that have previously vested.
FAQ
What did Meritage Homes (MTH) CFO Hilla Sferruzza report in this Form 4?
She reported receiving 14,672 restricted stock units of MTH common shares as an equity grant. The units were awarded at no cash cost and are scheduled to fully vest on March 15, 2029, increasing her direct equity exposure to the company.
What type of insider transaction is shown for Meritage Homes (MTH) in this filing?
The primary transaction is coded "A," indicating a grant or award acquisition rather than an open-market purchase. It represents 14,672 restricted stock units granted as compensation, not a buy or sell decision in the public market by the CFO.
When will the newly granted Meritage Homes (MTH) restricted stock units vest?
The 14,672 restricted stock units granted to CFO Hilla Sferruzza are scheduled to fully vest on March 15, 2029. Vesting means the units convert into shares she fully owns, further strengthening her long-term alignment with company performance over that period.
Does this Meritage Homes (MTH) Form 4 show any insider sales by the CFO?
No insider sales are reported in this Form 4. The only transaction with a specified code is an "A" code grant of 14,672 restricted stock units, indicating an acquisition through an equity award, with no open-market dispositions disclosed in the provided data.