Keough Joseph 4

What Happened Joseph Keough, a director of Meritage Homes (MTH), received a grant of 3,100 restricted stock units (transaction code A) on 2026-02-19. The grant is reported at $0.00 per share (standard for RSU awards) — the shares will convert to common stock when the RSUs vest. Per the filing footnote, these RSUs fully vest on the first anniversary of the grant date.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23.
• Grant: 3,100 RSUs, price reported $0.00 (award/compensation, not an open-market purchase).
• Vesting: Footnote F1 — shares fully vest on the first anniversary of grant.
• Shares owned after transaction: not specified in the provided extract; filing footnotes indicate balances (F2 = unvested RSUs, F3 = other holdings/previously vested RSUs).
• No indication in the provided data of a 10b5-1 plan, sale, tax withholding, or late-filing flag.

Context This was a standard director compensation award (RSUs), not a cash purchase or sale. RSU grants are common as part of board compensation and typically reflect long-term retention rather than an immediate market signal. The award will convert to shares only after vesting (one year), at which point the insider will own the shares unless other conditions apply.