LGI Homes, Inc. filings document the homebuilder’s formal financial and governance disclosures. Recent Form 8-K reports furnish quarterly and annual results under Item 2.02, Regulation FD materials, earnings-release exhibits, and Inline XBRL cover-page data tied to home closings, revenue, margins, backlog, guidance, and operating conditions.
The company’s proxy and annual meeting filings cover shareholder governance matters, including director elections, independent auditor ratification, advisory votes on executive compensation, board composition, named executive officer compensation, and related vote results. These filings frame LGIH as an operating homebuilding issuer with recurring disclosure around operating performance, public-company governance, and shareholder voting.
Vanguard Portfolio Management reported beneficial ownership of 1,282,819 shares of LGI Homes Inc common stock, representing 5.54% of the class as of 03/31/2026. The filing shows sole dispositive power over 1,282,819 shares and sole voting power for 7,870 shares. The filing is signed by Ashley Grim on 04/29/2026.
LGI Homes, Inc. reported softer results for the quarter ended March 31, 2026 as high mortgage rates and affordability pressures weighed on entry-level buyers. Home sales revenues fell 9.0% to $319.7 million, with home closings down 11.5% to 881 units, partly offset by a 2.9% rise in average selling price to $362,924.
Gross margin fell to 18.7% from 21.0%, including $4.7 million of inventory impairment charges in the Florida and Central segments. Net income declined 45.1% to $2.2 million, or $0.09 per diluted share, as profitability was pressured by lower volumes, incentives on older inventory, and a higher 50.0% effective tax rate.
Non-GAAP metrics were more resilient: adjusted gross margin held near prior-year levels at 23.4% of revenue and adjusted EBITDA margin improved to 7.6%. Backlog expanded to 1,699 homes valued at $660.5 million, though the cancellation rate rose sharply to 45.6%. The company ended the quarter with $60.9 million in cash, a net debt-to-capital ratio of 44.0%, and $294.2 million of remaining borrowing capacity under its revolving credit facility.
LGI Homes, Inc. reported first quarter 2026 results and raised its full-year gross margin outlook. Home sales revenues were $319.7 million on 881 home closings, with an average sales price of $362,924. Net income was $2.2 million, or $0.09 per basic and diluted share, and adjusted net income was $5.6 million, or $0.24 per share, reflecting inventory impairment adjustments.
The company delivered 916 total home closings including leased homes and ended the quarter with 1,699 homes in backlog valued at $660.5 million. LGI Homes reported first quarter adjusted gross margin of 23.4% and liquidity of $355.0 million, including $60.9 million in cash and $294.2 million of revolver availability.
For full year 2026, LGI Homes now expects gross margin as a percentage of home sales revenues between 18.5% and 20.5% and adjusted gross margin between 22.0% and 24.0%, while reiterating guidance for 4,600–5,400 home closings, 150–160 active communities at year-end, average sales price of $355,000–$365,000, SG&A of 15.0–16.0% of home sales revenues, and an effective tax rate of approximately 26.5%.
LGI Homes, Inc. reported the results of its annual meeting of stockholders held on April 23, 2026. Stockholders elected seven directors to one-year terms expiring at the 2027 annual meeting, with each nominee receiving more votes "for" than "withheld."
Stockholders also ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 17,156,847 votes for, 233,673 against and 16,651 abstentions. In addition, an advisory vote to approve 2025 compensation for named executive officers passed with 14,294,282 votes for, 411,029 against and 10,930 abstentions, plus 2,690,930 broker non-votes.
Dimensional Fund Advisors filed an amendment to Schedule 13G reporting ownership of 1,082,794 shares of LGI Homes Inc Common Stock, representing 4.7% of the class. The filing states Dimensional, as investment adviser to multiple funds, disclaims beneficial ownership and that the reported securities are owned by the Funds. The filing shows sole voting power of 1,059,275 shares and sole dispositive power of 1,082,794 shares. The form is signed by Selwyn Notelovitz, Global Chief Compliance Officer, dated 04/09/2026.
LGI Homes Inc ownership filing shows that The Vanguard Group reports 0 shares beneficially owned of common stock following an internal realignment. The amendment states certain Vanguard subsidiaries will report separately in reliance on SEC Release No. 34-39538, and Vanguard no longer is deemed to beneficially own those securities as of 01/12/2026.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026, and indicates Vanguard's reported beneficial ownership in LGI Homes is less than 5%.
LGI Homes, Inc. has issued its definitive proxy for the 2026 annual meeting of stockholders, to be held on April 23, 2026 at 3:00 p.m. Central Time at its headquarters in The Woodlands, Texas. Stockholders of record as of February 27, 2026, when 23,133,086 common shares were outstanding, may vote.
Investors are being asked to elect seven directors, ratify Ernst & Young LLP as independent auditor for 2026, and approve on an advisory basis 2025 compensation for named executive officers. The board recommends voting FOR all three proposals and describes its governance structure, committee responsibilities, executive pay philosophy and equity plans, as well as significant institutional shareholdings and anti-hedging and insider trading policies.
LGI Homes, Inc. director Robert Karnig Vahradian reported a bona fide gift of 1,000 shares of common stock. The shares were transferred at no stated price and represent a non-market, charitable-style disposition rather than a sale. After the gift, he directly owns 26,287 shares.
LGI Homes, Inc. President and COO Michael Larry Snider reported a mix of equity compensation and related share sales. On March 8, 2026, he acquired 12,128 shares of common stock as a grant at no cost. The filing then shows open-market sales totaling 13,887 shares of common stock on March 9, 2026, at weighted average prices reported around the low-$40 range, with prices spanning from $41.06 to $43.67 per share. A footnote states these sales relate to withholding taxes for awards vesting on March 8, 2026. After these transactions, Snider holds 30,517 shares directly, while the Snider Management Trust holds 175,556 shares indirectly, and an additional 4,227 shares are held indirectly through his spouse.
LGI Homes, Inc. CFO and Treasurer Charles Michael Merdian reported a mix of stock compensation and related tax sales. On March 8, 2026, he received a grant of 11,218 shares of common stock. On March 9, 2026, a total of 7,211 shares were sold in three open-market transactions to cover withholding taxes for awards vesting on March 8, 2026, according to the footnotes.
Sale prices had weighted averages of $41.54, $42.55, and $43.41, each representing multiple trades within disclosed price ranges. After these transactions, he held 20,540 shares directly, plus indirect holdings of 13,174 shares through the Charles Merdian 2021 Trust and 129,619 shares through the Merdian Management Trust.