Were the LGI Homes (LGIH) insider stock sales tax-related?

Yes. A footnote states the reported sales relate to withholding taxes for awards vesting on March 8, 2026. This indicates the transactions were primarily to satisfy tax obligations tied to equity compensation rather than discretionary sales of existing holdings.

What role does the Snider Management Trust play in LGI Homes (LGIH) share ownership?

The Snider Management Trust is disclosed as holding LGI Homes common stock indirectly for Michael Larry Snider. Following the March 9, 2026 transactions, the trust holds 175,556 shares, and some reported open-market sales were executed from this trust-held position.

LGI Homes (NASDAQ: LGIH) COO granted shares, then sells stock to cover tax withholding

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

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.

Insider Trade Summary

Net Seller: 13,887 shares ($583,778)

Net Sell 8 txns

Insider Snider Michael Larry

Role President and COO

Sold 13,887 shs ($584K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,602	$41.54	$233K
Sale	Common Stock	404	$42.55	$17K
Sale	Common Stock	1,881	$43.41	$82K
Sale	Common Stock	4,262	$41.54	$177K
Sale	Common Stock	307	$42.55	$13K
Sale	Common Stock	1,431	$43.41	$62K
Grant/Award	Common Stock	12,128	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 32,802 shares (Direct); Common Stock — 177,294 shares (Indirect, By Snider Management Trust)

Footnotes (1)

The sales reported in this transaction relate to withholding taxes for awards vesting on March 8, 2026. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.06 to $42.05, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.06 to $43.02, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.06 to $43.67, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote.

Form 4 Insider Transactions: What Each Field Means →

03/10/2026 - 05:58 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Snider Michael Larry

(Last)

(First)

(Middle)

1450 LAKE ROBBINS DRIVE, SUITE 430

(Street)

THE WOODLANDS

77380

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LGI Homes, Inc. [ LGIH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/08/2026		A		12,128	A	$0	38,404	D
Common Stock	03/09/2026		S⁽¹⁾		5,602	D	$41.54⁽²⁾	32,802	D
Common Stock	03/09/2026		S⁽¹⁾		404	D	$42.55⁽³⁾	32,398	D
Common Stock	03/09/2026		S⁽¹⁾		1,881	D	$43.41⁽⁴⁾	30,517	D
Common Stock	03/09/2026		S		4,262	D	$41.54⁽²⁾	177,294	I	By Snider Management Trust
Common Stock	03/09/2026		S		307	D	$42.55⁽³⁾	176,987	I	By Snider Management Trust
Common Stock	03/09/2026		S		1,431	D	$43.41⁽⁴⁾	175,556	I	By Snider Management Trust
Common Stock								4,227	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this transaction relate to withholding taxes for awards vesting on March 8, 2026.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.06 to $42.05, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.06 to $43.02, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges 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 $43.06 to $43.67, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., 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 ranges set forth in this footnote.

Remarks:

	/s/ Charles Merdian, Attorney-in-Fact	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did LGI Homes (LGIH) report for Michael Larry Snider?

Michael Larry Snider reported receiving 12,128 LGI Homes common shares as a grant on March 8, 2026, then selling 13,887 shares on March 9, 2026, in multiple open-market trades at weighted average prices in the low-$40 range.

How many LGI Homes (LGIH) shares does Michael Larry Snider own after these transactions?

After the reported transactions, Michael Larry Snider directly owns 30,517 LGI Homes common shares. In addition, the Snider Management Trust holds 175,556 shares indirectly, and 4,227 shares are held indirectly through his spouse, as disclosed in the filing.

At what prices were the LGI Homes (LGIH) insider sales executed?

The filing reports weighted average sale prices around $41.54, $42.55, and $43.41 per share. Footnotes explain these averages reflect multiple trades, with individual prices ranging from $41.06 up to $43.67 per share across different transaction groups.