Welcome to our dedicated page for Meritage Homes SEC filings (Ticker: MTH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Meritage Homes Corporation filings document financial results, governance matters, compensation actions and financing arrangements for a public U.S. homebuilder. Results-related Form 8-K filings include operating measures such as homes closed, home closing revenue, average sales prices, orders, backlog, gross margin, earnings and liquidity commentary.
The company’s proxy materials cover board matters, executive compensation, equity awards and shareholder voting items. Other material-event filings address director changes, changes in board size, amendments to credit agreements and related financial obligations, providing formal disclosure around Meritage’s governance structure, capital resources and homebuilding operating model.
Meritage Homes reported weaker first quarter 2026 results as slowing demand and higher incentives pressured profitability. Home closing revenue fell to $1.1 billion, down 17% year-over-year, on 13% fewer closings and a 5% lower average sales price of $373,000.
Home closing gross margin declined to 17.5% from 22.0%, reflecting heavier incentives, higher lot costs and lower fixed-cost leverage, partially offset by cost savings. Net earnings dropped 55% to $55 million, with diluted EPS at $0.82 versus $1.69 a year earlier; adjusted diluted EPS was $0.86.
Orders softened, with 3,664 homes ordered, a 5% decline, and backlog value down 12% to $711 million. Despite the tougher backdrop, the company maintained a strong balance sheet with $767 million in cash, net debt-to-capital of 17.4%, and 345 active communities. It repurchased $130 million of stock and paid $32 million in dividends.
The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A reporting its beneficial ownership position in Meritage Homes Corp common stock. The filing states Amount beneficially owned: 0 shares and Percent of class: 0%. The filing explains that an internal realignment on 01/12/2026 caused certain Vanguard subsidiaries to report separately in reliance on SEC Release No. 34-39538. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.
Meritage Homes Corporation reported that its Executive Compensation Committee approved higher 2026 incentive compensation for several senior executives under their existing employment agreements. Effective January 1, 2026, target annual cash bonuses rise to $4,000,000 for CEO Phillippe Lord, $1,600,000 for CFO Hilla Sferruzza, $756,000 for EVP and General Counsel Malissia Clinton, and $412,000 for EVP and Chief People Officer Javier Feliciano.
The committee also raised target annual equity incentive values for Lord to $6,000,000 and for Feliciano to $901,250. About half of each equity award will be time-based restricted stock units and half performance-based shares. The performance portion will be tied 70% to targeted adjusted return on equity and 30% to three-year relative total shareholder return versus the company’s peer group. Compensation for Executive Chairman Steven J. Hilton and EVP Austin Woffinden remains unchanged.
Meritage Homes Corporation is soliciting proxies for its 2026 Annual Meeting of Stockholders to be held virtually on May 21, 2026. Holders of record as of March 26, 2026 may vote. The Board asks stockholders to vote on six items, including the election of six directors, ratification of Deloitte & Touche LLP, an advisory Say-on-Pay vote, an advisory vote on reducing the special-meeting ownership threshold to 25%, and a shareholder proposal seeking a 10% special-meeting threshold (the Board recommends FOR the 25% proposal and AGAINST the 10% proposal).
The proxy discloses company context for 2025: 66,702,433 shares outstanding as of March 26, 2026; $5,763,597 in home closing revenue for 2025 (vs. $6,341,546 in 2024); diluted EPS of $6.35 (vs. $10.72 in 2024); 19.7% home closing gross margin (vs. 24.9%); and share repurchases of 4,289,984 shares in 2025. The proxy includes governance, director biographies, compensation disclosures, and security ownership tables.
Clinton Malissia reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes EVP and General Counsel Malissia Clinton received a grant of 7,760 restricted stock units of MTH common shares as equity compensation. The award was granted at no cash cost and is scheduled to fully vest on March 15, 2029, aligning her long-term incentives with shareholders.
Lord Phillippe reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes CEO Phillippe Lord received a compensation grant of 48,907 restricted stock units of MTH common shares on March 23, 2026. The award was granted at no cost per share and will fully vest on March 15, 2029, tying his incentives to the company’s long-term performance.
After this grant, he directly holds 118,613 restricted stock units that are not yet vested. He also indirectly holds 260,389 shares of MTH common stock through family limited partnerships that he controls, reflecting a substantial ongoing equity stake alongside this new award.
HILTON STEVEN J reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes Executive Chairman Steven J. Hilton received a grant of 8,151 restricted stock units of MTH common stock, with no cash paid per share. These RSUs will fully vest on March 15, 2029 and are characterized as a compensation award.
Following the grant, Hilton holds 21,418 shares directly, including restricted stock units that have not yet vested. In addition, 761,603 shares are held by family trusts controlled by him and 80,000 shares are held by a charitable foundation he controls, with certain portions of those indirect holdings disclaimed for beneficial ownership.
Woffinden Austin M reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes granted 7,845 restricted stock units to EVP of Corporate Operations & Strategy Austin M. Woffinden as equity compensation. According to the filing, these units will fully vest on March 15, 2029. After this grant, he directly holds 15,506 unvested restricted stock units and 20,595 total common stock holdings including previously vested units.