Michael R. Odell 4

What Happened

• Michael R. Odell, a director of Meritage Homes Corp (MTH), was granted 3,100 restricted stock units (RSUs) on February 19, 2026. The Form 4 lists the acquisition price as $0.00 (award) and a total reported value of $0 for the grant itself. This is an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-19; grant listed at $0.00 per share (award).
• Vesting: Footnote F1 states the RSUs will fully vest on the third anniversary of the grant date (i.e., Feb 19, 2029).
• Shares owned after transaction: Specific total share/RSU holdings after this grant are not provided in the material supplied; footnote F2 notes that balances shown on the filing represent unvested RSUs and F3 reflects other holdings including previously vested RSUs.
• Filing timeliness: Form filed 2026-02-23 — within the two business-day reporting window, so it appears timely.
• Transaction code: A = Award/Grant of equity (restricted stock units).

Context

• RSUs are deferred compensation that convert into actual shares only when they vest; this grant does not represent an immediate market purchase or sale and should be interpreted as part of company compensation rather than a direct bullish or bearish trade signal.