[Form 4] Meritage Homes Corporation Insider Trading Activity
Meritage Homes EVP and Secretary Clinton Malissia reported vesting of 8,623 performance-based restricted stock units and the sale of 6,518 shares under a Rule 10b5-1 plan to cover required tax withholdings. The sales were executed at weighted-average prices of $71.49 (5,361 shares; range $70.95–$71.93) and $72.05 (1,157 shares; range $71.95–$72.12).
After these transactions Malissia's reported beneficial ownership is 8,749 shares, and she holds 20,045 restricted stock units that have not vested. The filing explicitly states the 8,623 shares vested upon achievement of pre-specified performance targets and the sales were made pursuant to a written 10b5-1 plan to satisfy tax withholding obligations.
Meritage Homes EVP e segretaria Clinton Malissia ha dichiarato la maturazione di 8.623 unità azionarie vincolate legate alle performance e la vendita di 6.518 azioni nell'ambito di un piano Rule 10b5-1 per coprire le ritenute fiscali obbligatorie. Le vendite sono state eseguite a prezzi medi ponderati di $71.49 (5.361 azioni; intervallo $70.95–$71.93) e $72.05 (1.157 azioni; intervallo $71.95–$72.12).
Dopo queste operazioni, la partecipazione patrimoniale dichiarata di Malissia è di 8.749 azioni e detiene 20.045 unità azionarie vincolate non ancora maturate. Il deposito dichiara esplicitamente che le 8.623 azioni si sono acquisite al raggiungimento di obiettivi di performance prestabiliti e che le vendite sono state effettuate in base a un piano scritto 10b5-1 per soddisfare gli obblighi di ritenuta fiscale.
La EVP y secretaria de Meritage Homes, Clinton Malissia, informó la consolidación de 8.623 unidades de acciones restringidas basadas en el rendimiento y la venta de 6.518 acciones bajo un plan Rule 10b5-1 para cubrir las retenciones fiscales requeridas. Las ventas se ejecutaron a precios promedio ponderados de $71.49 (5.361 acciones; rango $70.95–$71.93) y $72.05 (1.157 acciones; rango $71.95–$72.12).
Tras estas transacciones, la propiedad beneficiaria declarada de Malissia es de 8.749 acciones, y posee 20.045 unidades restringidas que aún no se han consolidado. El formulario especifica que las 8.623 acciones se consolidaron al alcanzarse objetivos de rendimiento predefinidos y que las ventas se realizaron conforme a un plan escrito 10b5-1 para satisfacer las obligaciones de retención fiscal.
Meritage Homes의 EVP 겸 서기인 Clinton Malissia는 8,623개의 성과 기반 제한주식단위(RSU)가 확정되고 6,518주가 필수 세금 원천징수를 위해 Rule 10b5-1 계획에 따라 매도되었다고 보고했습니다. 매도는 가중평균 가격 $71.49(5,361주; 범위 $70.95–$71.93) 및 $72.05(1,157주; 범위 $71.95–$72.12)에 실행되었습니다.
이 거래 이후 Malissia가 신고한 실소유 지분은 8,749주이며, 아직 확정되지 않은 20,045개의 제한주식단위를 보유하고 있습니다. 제출서류에는 8,623주가 사전 지정된 성과 목표 달성 시 확정되었고, 매도는 세금 원천징수 의무를 충족하기 위해 서면 10b5-1 계획에 따라 이루어졌다고 명시되어 있습니다.
La EVP et secrétaire de Meritage Homes, Clinton Malissia, a déclaré la réalisation de 8 623 unités d'actions restreintes liées à la performance et la vente de 6 518 actions dans le cadre d'un plan Rule 10b5-1 afin de couvrir les retenues fiscales requises. Les ventes ont été exécutées à des prix moyens pondérés de 71,49 $ (5 361 actions ; fourchette 70,95 $–71,93 $) et 72,05 $ (1 157 actions ; fourchette 71,95 $–72,12 $).
Après ces opérations, la participation bénéficiaire déclarée de Malissia s'élève à 8 749 actions, et elle détient 20 045 unités d'actions restreintes non encore acquises. Le dossier précise explicitement que les 8 623 actions sont devenues acquises suite à l'atteinte d'objectifs de performance prédéfinis et que les ventes ont été effectuées conformément à un plan écrit 10b5-1 pour satisfaire les obligations de retenue fiscale.
Meritage Homes' EVP und Secretary Clinton Malissia meldete die Fälligkeit von 8.623 leistungsabhängigen Restricted Stock Units und den Verkauf von 6.518 Aktien im Rahmen eines Rule 10b5-1-Plans zur Begleichung der erforderlichen Steuerabzüge. Die Verkäufe wurden zu gewichteten Durchschnittspreisen von $71.49 (5.361 Aktien; Spanne $70.95–$71.93) und $72.05 (1.157 Aktien; Spanne $71.95–$72.12) ausgeführt.
Nach diesen Transaktionen beträgt Malissias gemeldeter wirtschaftlicher Anteil 8.749 Aktien, und sie hält 20.045 Restricted Stock Units, die noch nicht fällig sind. Die Einreichung stellt ausdrücklich fest, dass die 8.623 Aktien bei Erreichen vorab festgelegter Leistungsziele fällig wurden und die Verkäufe gemäß einem schriftlichen 10b5-1-Plan zur Erfüllung von Steuerabzugsverpflichtungen erfolgten.
- 8,623 performance-based RSUs vested, explicitly tied to achievement of pre-specified performance targets
- Sales executed under a Rule 10b5-1 plan to cover tax withholdings, indicating pre-planned and compliant execution
- Full disclosure of weighted-average prices and price ranges for the sales provides transparency
- Beneficial ownership reduced to 8,749 shares following the reported sales
- 6,518 shares were sold at weighted-average prices of approximately $71.49 and $72.05, reducing the executive's direct stake
Insights
TL;DR: Routine vesting and tax-covering sales under a 10b5-1 plan; transaction sizes are modest relative to company-level metrics.
The report shows 8,623 performance RSUs vested and 6,518 shares sold in two weighted-average transactions at roughly $71.49 and $72.05. Sales were conducted pursuant to a Rule 10b5-1 plan to cover tax withholding, which reduces the informational content of the sales as a signal of view on the stock. The remaining direct beneficial ownership after the transactions is 8,749 shares, with 20,045 RSUs unvested; these are factual holdings that investors can track.
TL;DR: Governance procedures appear followed: performance-based vesting and pre-established 10b5-1 sales disclosed transparently.
The filing documents achievement-based vesting and subsequent sales under a documented 10b5-1 plan to cover tax obligations, which aligns with good-practice insider transaction policies. The disclosure includes weighted-average sale prices and price ranges, and notes the number of unvested RSUs (20,045), providing clarity on potential future dilution or insider alignment with long-term incentives.
Meritage Homes EVP e segretaria Clinton Malissia ha dichiarato la maturazione di 8.623 unità azionarie vincolate legate alle performance e la vendita di 6.518 azioni nell'ambito di un piano Rule 10b5-1 per coprire le ritenute fiscali obbligatorie. Le vendite sono state eseguite a prezzi medi ponderati di $71.49 (5.361 azioni; intervallo $70.95–$71.93) e $72.05 (1.157 azioni; intervallo $71.95–$72.12).
Dopo queste operazioni, la partecipazione patrimoniale dichiarata di Malissia è di 8.749 azioni e detiene 20.045 unità azionarie vincolate non ancora maturate. Il deposito dichiara esplicitamente che le 8.623 azioni si sono acquisite al raggiungimento di obiettivi di performance prestabiliti e che le vendite sono state effettuate in base a un piano scritto 10b5-1 per soddisfare gli obblighi di ritenuta fiscale.
La EVP y secretaria de Meritage Homes, Clinton Malissia, informó la consolidación de 8.623 unidades de acciones restringidas basadas en el rendimiento y la venta de 6.518 acciones bajo un plan Rule 10b5-1 para cubrir las retenciones fiscales requeridas. Las ventas se ejecutaron a precios promedio ponderados de $71.49 (5.361 acciones; rango $70.95–$71.93) y $72.05 (1.157 acciones; rango $71.95–$72.12).
Tras estas transacciones, la propiedad beneficiaria declarada de Malissia es de 8.749 acciones, y posee 20.045 unidades restringidas que aún no se han consolidado. El formulario especifica que las 8.623 acciones se consolidaron al alcanzarse objetivos de rendimiento predefinidos y que las ventas se realizaron conforme a un plan escrito 10b5-1 para satisfacer las obligaciones de retención fiscal.
Meritage Homes의 EVP 겸 서기인 Clinton Malissia는 8,623개의 성과 기반 제한주식단위(RSU)가 확정되고 6,518주가 필수 세금 원천징수를 위해 Rule 10b5-1 계획에 따라 매도되었다고 보고했습니다. 매도는 가중평균 가격 $71.49(5,361주; 범위 $70.95–$71.93) 및 $72.05(1,157주; 범위 $71.95–$72.12)에 실행되었습니다.
이 거래 이후 Malissia가 신고한 실소유 지분은 8,749주이며, 아직 확정되지 않은 20,045개의 제한주식단위를 보유하고 있습니다. 제출서류에는 8,623주가 사전 지정된 성과 목표 달성 시 확정되었고, 매도는 세금 원천징수 의무를 충족하기 위해 서면 10b5-1 계획에 따라 이루어졌다고 명시되어 있습니다.
La EVP et secrétaire de Meritage Homes, Clinton Malissia, a déclaré la réalisation de 8 623 unités d'actions restreintes liées à la performance et la vente de 6 518 actions dans le cadre d'un plan Rule 10b5-1 afin de couvrir les retenues fiscales requises. Les ventes ont été exécutées à des prix moyens pondérés de 71,49 $ (5 361 actions ; fourchette 70,95 $–71,93 $) et 72,05 $ (1 157 actions ; fourchette 71,95 $–72,12 $).
Après ces opérations, la participation bénéficiaire déclarée de Malissia s'élève à 8 749 actions, et elle détient 20 045 unités d'actions restreintes non encore acquises. Le dossier précise explicitement que les 8 623 actions sont devenues acquises suite à l'atteinte d'objectifs de performance prédéfinis et que les ventes ont été effectuées conformément à un plan écrit 10b5-1 pour satisfaire les obligations de retenue fiscale.
Meritage Homes' EVP und Secretary Clinton Malissia meldete die Fälligkeit von 8.623 leistungsabhängigen Restricted Stock Units und den Verkauf von 6.518 Aktien im Rahmen eines Rule 10b5-1-Plans zur Begleichung der erforderlichen Steuerabzüge. Die Verkäufe wurden zu gewichteten Durchschnittspreisen von $71.49 (5.361 Aktien; Spanne $70.95–$71.93) und $72.05 (1.157 Aktien; Spanne $71.95–$72.12) ausgeführt.
Nach diesen Transaktionen beträgt Malissias gemeldeter wirtschaftlicher Anteil 8.749 Aktien, und sie hält 20.045 Restricted Stock Units, die noch nicht fällig sind. Die Einreichung stellt ausdrücklich fest, dass die 8.623 Aktien bei Erreichen vorab festgelegter Leistungsziele fällig wurden und die Verkäufe gemäß einem schriftlichen 10b5-1-Plan zur Erfüllung von Steuerabzugsverpflichtungen erfolgten.
FAQ
What transactions did Clinton Malissia report for Meritage Homes (MTH)?
How many shares were sold and at what prices in the MTH Form 4?
What is Clinton Malissia's reported beneficial ownership after these transactions?
Why were the shares sold under the 10b5-1 plan?
Do the filings indicate why the RSUs vested?
