Sferruzza Hilla 4

What Happened Hilla Sferruzza, CFO of Meritage Homes Corporation (MTH), was granted 14,080 shares (reported as an award/acquisition) on February 20, 2026. The transaction is reported at $0.00 per share (no cash exchanged) and represents performance-based restricted stock units (RSUs) that vested upon achievement of pre-specified performance targets.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-23 (timely filed).
• Transaction type/code: Award/Acquisition (A) — a grant of 14,080 performance-based RSUs.
• Reported price: $0.00 per share; total reported cash value: $0.
• Shares owned after transaction: not specified in the filing; footnotes describe other holdings and unvested RSUs rather than a total ownership figure.
• Relevant footnotes from the filing:
  • F1: These were performance-based RSUs vesting upon achievement of targets.
  • F2: Balance reflects other holdings, including previously vested RSUs.
  • F3: All shares are held in a family trust controlled by Ms. Sferruzza.
  • F4: Some reported balance represents RSUs not yet vested.

Context This was a compensation-related award (not an open-market purchase or sale). Awards like performance-based RSUs are tied to future vesting and performance conditions and do not reflect an immediate cash investment or liquidation by the insider. The filing appears timely (filed within the required reporting window).