Geisha J. Williams (MTH) receives 3,100 restricted stock units at Meritage Homes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Williams Geisha J reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes director Geisha J. Williams received a grant of 3,100 restricted stock units of MTH common shares. According to the filing, these units will fully vest on the first anniversary of the grant date. The filing also reports additional indirect holdings of 3,200 MTH common shares held in trust, including previously vested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Williams Geisha J
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 — 3,100 shares (Direct);
MTH Common Stock — 3,200 shares (Indirect, HELD IN TRUST)
Footnotes (1)
- Represents grant of restricted stock units. The shares will fully vest on the first 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.
FAQ
What did Meritage Homes (MTH) director Geisha J. Williams report on this Form 4?
Geisha J. Williams reported receiving a grant of 3,100 restricted stock units of Meritage Homes common shares. The Form 4 also discloses additional indirect holdings of 3,200 shares held in trust, including previously vested restricted stock units.
How many Meritage Homes (MTH) restricted stock units were granted to Geisha J. Williams?
The filing shows a grant of 3,100 restricted stock units of Meritage Homes common shares. These units are an equity award, not an open-market purchase, and they carry a vesting schedule described in the accompanying footnotes to the Form 4.
When do Geisha J. Williams’ new Meritage Homes (MTH) restricted stock units vest?
The 3,100 restricted stock units granted to Geisha J. Williams will fully vest on the first anniversary of the grant date. This means all units become earned at that time, assuming any applicable service conditions are satisfied.
What indirect Meritage Homes (MTH) holdings are reported for Geisha J. Williams?
The Form 4 reports 3,200 Meritage Homes common shares held indirectly in trust. Footnotes explain this balance reflects all other holdings, including restricted stock units that have previously vested, separate from the newly granted unvested units.
Does the Meritage Homes (MTH) Form 4 show any stock sales by Geisha J. Williams?
The Form 4 does not report any sales; it shows an acquisition through an equity grant. The main transaction is a grant of 3,100 restricted stock units, with no sell transactions or disposition codes indicated in the provided filing data.
Is Geisha J. Williams’ Meritage Homes (MTH) equity award an open-market purchase?
No. The 3,100 Meritage Homes units are described as a grant of restricted stock units. The transaction price per share is reported as zero, indicating a compensation award rather than an open-market stock purchase by the director.