LGI Homes (LGIH) CEO awarded shares, disposes 39,898 to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LGI Homes, Inc. reported insider transactions by CEO and Chairman Eric Thomas Lipar. On March 8, 2026, he received a grant of 35,622 shares of common stock as a compensation award. On March 9, 2026, he disposed of an aggregate 39,898 shares of common stock in open-market transactions, and a footnote states these sales relate to withholding taxes for awards vesting on that date.
After the reported transactions, he held 630,702 shares directly. He also had indirect holdings, including 1,663,007 shares held by EDSS Holdings, LP and 23,244 shares held by LGI Fund II GP, LLC, along with additional indirect shares held by his spouse and another entity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 39,898 shares ($1,675,684)
Net Sell
11 txns
Insider
Lipar Eric Thomas
Role
CEO and Chairman of the Board
Sold
39,898 shs ($1.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,686 | $41.54 | $735K |
| Sale | Common Stock | 1,274 | $42.55 | $54K |
| Sale | Common Stock | 5,938 | $43.41 | $258K |
| Sale | Common Stock | 10,802 | $41.54 | $449K |
| Sale | Common Stock | 1,878 | $42.40 | $80K |
| Sale | Common Stock | 2,320 | $43.40 | $101K |
| Grant/Award | Common Stock | 35,622 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 652,914 shares (Direct);
Common Stock — 1,663,007 shares (Indirect, By EDSS Holdings, LP)
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. 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 $42.03, 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 $43.05, 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 $43.06 to $43.59, 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 reporting person is the sole owner of the general partner of EDSS Holdings, LP, and a limited partner in EDSS Holdings, LP. The reporting person is the sole owner of the entity.
FAQ
What insider transactions did LGI Homes (LGIH) disclose for CEO Eric Thomas Lipar?
LGI Homes disclosed that CEO Eric Thomas Lipar received a grant of 35,622 common shares on March 8, 2026 and disposed of 39,898 shares on March 9, 2026. The sales were in open-market transactions related to tax withholding for awards vesting on that date.
Do the LGI Homes (LGIH) insider sales indicate discretionary selling by the CEO?
The filing states that the reported sales relate to withholding taxes for awards vesting on March 8, 2026. This language indicates the dispositions were primarily to cover tax obligations on equity compensation, rather than purely discretionary open-market sales for portfolio rebalancing.