Meritage Homes (NYSE: MTH) CEO entities log 32,820-share insider sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meritage Homes Chief Executive Officer Phillippe Lord reported that family limited partnerships he controls sold 32,820 shares of MTH common stock in open-market transactions on February 23, 2026.
Some of the shares were sold to cover required tax withholdings under a Rule 10b5-1 trading plan. Weighted-average sale prices ranged from about $75.44 to $77.86 per share across multiple trades. After these indirect sales, the filings show 260,389 shares held indirectly through the partnerships and 69,706 shares held directly, with balances reflecting other holdings including vested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 32,820 shares ($2,510,538)
Net Sell
4 txns
Insider
Lord Phillippe
Role
Chief Executive Officer
Sold
32,820 shs ($2.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | MTH Common Stock | 6,688 | $76.05 | $509K |
| Sale | MTH Common Stock | 25,963 | $76.60 | $1.99M |
| Sale | MTH Common Stock | 169 | $77.81 | $13K |
| holding | MTH Common Shares | -- | -- | -- |
Holdings After Transaction:
MTH Common Stock — 286,521 shares (Indirect, Limited Partnership);
MTH Common Shares — 69,706 shares (Direct)
Footnotes (1)
- Represents sale of shares to cover required tax withholdings under a Rule 10b5-1 plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.44 to $76.43, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.45 to $77.20, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.77 to $77.86, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Balance reflects all other holdings, including restricted stock units that have previously vested. All shares are held in family limited partnerships controlled by Mr. Lord. Balance represents restricted stock units not vested.
FAQ
What sale prices were reported for the Meritage Homes (MTH) insider transactions?
The open-market sales were reported at weighted-average prices, with trades ranging from $75.44 to $76.43, $76.45 to $77.20, and $77.77 to $77.86 per share. The filer offers to provide detailed breakdowns of shares sold at each specific price within these ranges on request.
What role does Phillippe Lord hold at Meritage Homes (MTH) in this Form 4 filing?
Phillippe Lord is identified as a director and Chief Executive Officer of Meritage Homes. The Form 4 describes his position as an officer with the title Chief Executive Officer, and the reported transactions involve Meritage Homes common stock linked to entities he controls.