Meritage Homes (NYSE: MTH) EVP granted 7,760 RSUs vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clinton Malissia reported acquisition or exercise transactions in this Form 4 filing.
Meritage Homes EVP and General Counsel Malissia Clinton received a grant of 7,760 restricted stock units of MTH common shares as equity compensation. The award was granted at no cash cost and is scheduled to fully vest on March 15, 2029, aligning her long-term incentives with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Clinton Malissia
Role
EVP - Gen. Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | MTH Common Shares | 7,760 | $0.00 | -- |
| holding | MTH Common Stock | -- | -- | -- |
Holdings After Transaction:
MTH Common Shares — 20,167 shares (Direct);
MTH Common Stock — 19,203 shares (Direct)
Footnotes (1)
- Represents grant of restricted stock units. The shares will fully vest on March 15, 2029. Balance represents restricted stock units not vested. Balance reflects all other holdings, including restricted stock units that have previously vested.
FAQ
What insider transaction did Meritage Homes (MTH) report for Malissia Clinton?
Meritage Homes reported that EVP and General Counsel Malissia Clinton was granted 7,760 restricted stock units of MTH common shares. This equity award is a form of compensation and does not represent an open-market stock purchase or sale by the executive.
When do Malissia Clinton’s 7,760 Meritage Homes (MTH) RSUs vest?
The 7,760 restricted stock units granted to Malissia Clinton will fully vest on March 15, 2029. Vesting means she must remain eligible until that date before the RSUs convert into actual Meritage Homes common shares she can own outright.
Was cash paid for the 7,760 Meritage Homes (MTH) restricted stock units?
No cash was paid for these 7,760 restricted stock units, which were granted at a price of $0.00 per share. This indicates they were issued as part of Malissia Clinton’s compensation package rather than purchased in the open market.
Is Malissia Clinton’s Meritage Homes (MTH) Form 4 transaction a stock sale?
The Form 4 does not report a stock sale. It shows an acquisition coded as a grant or award of 7,760 restricted stock units, meaning additional equity compensation was granted to Malissia Clinton instead of her disposing of existing Meritage Homes shares.
How is the Meritage Homes (MTH) RSU balance described in the filing footnotes?
The footnotes state that one balance represents restricted stock units not yet vested, while another balance reflects all other holdings, including previously vested restricted stock units. This clarifies which Meritage Homes equity awards are still subject to future vesting conditions.
Does the Meritage Homes (MTH) Form 4 show any derivative securities for Malissia Clinton?
The filing’s derivative section is empty, indicating no derivative securities such as options or warrants are reported in this Form 4. The transactions disclosed relate only to non-derivative equity in the form of restricted stock units and associated holdings information.