LGI Homes (NASDAQ: LGIH) director reports 1,000-share stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000 shares gifted
Mixed
1 txn
Insider
Vahradian Robert Karnig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,287 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did LGI Homes (LGIH) disclose in this Form 4?
LGI Homes disclosed that director Robert Karnig Vahradian made a bona fide gift of 1,000 common shares. The transfer was reported at zero dollars per share and is categorized as a non-market gift, not an open-market sale or purchase.
Is the LGI Homes (LGIH) Form 4 transaction an open-market trade?
No, the Form 4 transaction is not an open-market trade. It is classified under transaction code G as a bona fide gift of 1,000 common shares, meaning no cash changed hands in the market for this disposition.
What does transaction code G mean in the LGI Homes (LGIH) Form 4?
Transaction code G signifies a bona fide gift of securities. In this case, it reflects the director’s transfer of 1,000 LGI Homes common shares at no stated price, indicating a non-compensatory, non-market disposition of stock.
Does the LGI Homes (LGIH) Form 4 show any stock option exercises?
No stock option exercises are shown in this Form 4. The filing only reports one non-derivative transaction: a bona fide gift of 1,000 common shares. The derivativeSummary section is empty, indicating no option or derivative activity.