Filing Details

Accession Number:
0000833079-24-000059
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-05 16:32:01
Reporting Period:
2024-03-01
Accepted Time:
2024-03-05 16:32:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
833079 Meritage Homes Corp MTH Operative Builders (1531) 860611231
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1637869 Phillippe Lord 18655 North Claret Drive
Suite 400
Scottsdale AZ 85255
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
M/Th Common Stock Acquisiton 2024-03-01 24,466 $0.00 120,885 No 4 A Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
M/Th Common Stock Disposition 2024-03-04 14,414 $157.99 106,471 No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
M/Th Common Stock Disposition 2024-03-04 2,840 $158.81 103,631 No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
M/Th Common Stock Disposition 2024-03-04 665 $159.94 102,966 No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
M/Th Common Stock Disposition 2024-03-04 200 $160.86 102,766 No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
No 4 S Indirect Limited Partnership, Limited Liability Company and Charitable Foundation
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Mth Common Shares 53,353 Direct
Footnotes
  1. Represents vesting of performance-based restricted stock units upon achievement of pre-specified performance targets.
  2. Represents sale of shares to cover required tax withholdings under a 10b5-1 plan.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.46 to $158.45, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.48 to $159.33, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.68 to $160.23, 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.
  6. Balance reflects all other holdings, including restricted stock units that have previously vested.
  7. 42,760 shares are held by a family limited partnership controlled by Mr. Lord, 57,506 shares are held by a limited liability company controlled by Mr. Lord, and 2,500 shares are held by a charitable foundation controlled by Mr. Lord. Mr. Lord disclaims beneficial ownership of the share held by the charitable foundation as he has no pecuniary interest in such shares.
  8. Balance represents restricted stock units not vested.