Performance RSUs vest for Meritage (MTH) EVP, boosting trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meritage Homes EVP Chief People Officer Javier Feliciano reported an equity award tied to performance targets. A family trust controlled by him acquired 6,259 shares of MTH common stock at no cost upon vesting of performance-based restricted stock units. After this vesting, the trust holds 48,515 shares indirectly, while Feliciano also directly holds 11,110 common shares, including previously vested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Feliciano Javier
Role
EVP Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | MTH Common Stock | 6,259 | $0.00 | -- |
| holding | MTH Common Shares | -- | -- | -- |
Holdings After Transaction:
MTH Common Stock — 48,515 shares (Indirect, HELD IN TRUST);
MTH Common Shares — 11,110 shares (Direct)
Footnotes (1)
- Represents vesting of performance-based restricted stock units upon achievement of pre-specified performance targets. Balance reflects all other holdings, including restricted stock units that have previously vested. All shares are held in a family trust controlled by Mr. Feliciano. Balance represents restricted stock units not vested.
FAQ
What insider transaction did Meritage Homes (MTH) report for Javier Feliciano?
Meritage Homes reported that EVP Chief People Officer Javier Feliciano had 6,259 performance-based restricted stock units vest into MTH common stock. The vesting occurred upon achievement of pre-specified performance targets, increasing his indirect holdings through a family trust.
What is the nature of Javier Feliciano’s direct ownership in Meritage Homes (MTH)?
Javier Feliciano directly owns 11,110 Meritage Homes common shares. This balance reflects his other holdings, including restricted stock units that have previously vested, and is reported separately from the shares held in the family trust.