Clinton Malissia 4
Research Summary
AI-generated summary
Meritage Homes (MTH) EVP Clinton Malissia Receives Award of 8,001 Shares
What Happened
- Clinton Malissia, EVP, General Counsel and Secretary of Meritage Homes (MTH), was credited with 8,001 shares on 2026-02-20 as an award/acquisition (transaction code A). The Form 4 reports an acquisition price of $0.00, reflecting issuance/vesting of performance-based restricted stock units rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-20; Form 4 filed: 2026-02-23 (filed within the normal two-business-day window).
- Transaction type/code: A — award/grant/acquisition (performance-based RSU vesting per footnote F1).
- Price: $0.00 per share on the Form 4 (standard for issued/vested RSUs); no cash paid by insider.
- Shares owned after transaction: not specified in the provided excerpt. Footnotes indicate F2 = balance of other holdings (including previously vested RSUs) and F3 = unvested RSUs.
- Footnotes: F1 = vesting upon achievement of pre-specified performance targets; F2 and F3 describe vested vs. unvested RSU balances.
- No sale or exercise noted — this is compensation-related vesting, not a market buy/sell.
Context
- This was a compensation vesting event (performance-based RSUs) and is typically a routine issuance tied to long-term incentive plans, not a market purchase or sale indicating a direct trading decision.
- Because the award was reported on Form 4 promptly, there’s no late-filing implication in this record.