Alison Sasser - 16 Feb 2024 Form 4 Insider Report for Meritage Homes CORP (MTH)

Signature
/s/ Alison Sasser
Issuer symbol
MTH
Transactions as of
16 Feb 2024
Net transactions value
-$52,382
Form type
4
Filing time
20 Feb 2024, 16:32:29 UTC
Previous filing
13 Feb 2024
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTH MTH Common Stock Sale $911 -6 -0.29% $151.91 2,084 16 Feb 2024 Direct F1
transaction MTH MTH Common Stock Sale $34,430 -225 -11% $153.02 1,859 16 Feb 2024 Direct F1
transaction MTH MTH Common Stock Sale $17,041 -115 -6.2% $148.18 1,744 20 Feb 2024 Direct F1, F2
holding MTH MTH Common Shares 4,102 16 Feb 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Represents sale of shares to cover required tax withholdings under a 10b5-1 plan.
F2 Balance reflects all other holdings, including restricted stock units that have previously vested.
F3 Balance represents restricted stock units not vested.