Small Meritage Homes (NYSE: MTH) EVP share sale covers tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meritage Homes executive vice president of corporate operations and strategy Austin M. Woffinden reported an open-market sale of 263 shares of MTH common stock on February 20, 2026 at $78.16 per share. The filing states this sale was made to cover required tax withholdings under a Rule 10b5-1 plan.
After this transaction, Woffinden directly held 20,215 shares in one account. A separate reported balance shows 8,184 additional direct holdings, with footnotes explaining that these balances include restricted stock units that have previously vested as well as restricted stock units that are not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 263 shares ($20,556)
Net Sell
2 txns
Insider
Woffinden Austin M
Role
EVP, Corp. Ops & Strategy
Sold
263 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | MTH Common Stock | 263 | $78.16 | $21K |
| holding | MTH Common Shares | -- | -- | -- |
Holdings After Transaction:
MTH Common Stock — 20,215 shares (Direct);
MTH Common Shares — 8,184 shares (Direct)
Footnotes (1)
- Represents sale of shares to cover required tax withholdings under a Rule 10b5-1 plan. Balance reflects all other holdings, including restricted stock units that have previously vested. Balance represents restricted stock units not vested.
FAQ
What insider transaction did Meritage Homes (MTH) report for Austin M. Woffinden?
Austin M. Woffinden sold 263 Meritage Homes shares on February 20, 2026 at $78.16 per share. The filing explains the sale was made to cover required tax withholdings under a Rule 10b5-1 plan, rather than as a discretionary share sale.
Was the Meritage Homes (MTH) insider sale part of a Rule 10b5-1 trading plan?
Yes. The footnotes state the 263-share sale was executed to cover required tax withholdings under a Rule 10b5-1 plan. Such plans typically pre-schedule trades, helping insiders sell shares while reducing concerns about trading on nonpublic information.
Does the Meritage Homes (MTH) filing mention restricted stock units for Austin M. Woffinden?
Yes. Footnotes explain that reported balances include restricted stock units that have previously vested and restricted stock units that are not yet vested. These details clarify that a portion of Woffinden’s reported holdings consists of equity awards rather than only freely tradable shares.