HILTON STEVEN J 4

What Happened

• Steven J. Hilton, Executive Chairman and Director of Meritage Homes (MTH), was granted 8,151 restricted stock units (RSUs) on March 23, 2026. The award shows an acquisition price of $0.00 (no cash paid). These RSUs will fully vest on March 15, 2029 (per footnote).

Key Details

• Transaction date and type: 2026-03-23 — Award/Grant (code A).
• Shares granted: 8,151 RSUs; acquisition price reported as $0.00.
• Vesting: Shares fully vest on March 15, 2029 (Footnote F1).
• Shares owned after transaction: filing adds 8,151 unvested RSUs; the filing does not report a single aggregated total beneficial ownership figure after the grant. Footnotes break down holdings: 761,603 shares held by family trusts (26,850 of those disclaimed), 80,000 shares held by a charitable foundation (disclaimed), plus other holdings and previously vested RSUs (F2–F4).
• Filing timeliness: Form 4 filed March 25, 2026 for a March 23 transaction — appears timely under Form 4 reporting rules.

Context

• This was a compensation grant (RSUs), not a market purchase or sale; such awards are common executive compensation and do not represent an immediate buy/sell signal. The RSUs vest in 2029, so they are long-dated and subject to forfeiture until vesting. Footnotes indicate significant holdings are held in family trusts and a charitable foundation, with certain shares disclaimed for beneficial ownership purposes.