Meritage Homes Amends Bylaws: Lowers Special-Meeting Threshold to 25%

What Happened Meritage Homes Corporation announced on August 20, 2026 that its Board adopted amendments to the company's Amended and Restated Bylaws, and filed those changes in an 8‑K dated August 25, 2026. The Board adopted the amendments following approval by stockholders at the 2026 Annual Meeting (Proposal No. 4). The amended bylaws reduce the ownership threshold required to call a special meeting of stockholders and establish a mandatory director retirement age.

Key Details

• The special-meeting ownership threshold was reduced from at least 50% to at least 25% of the Company’s common stock.
• The Board adopted a mandatory director retirement age: no person may be elected or reelected as a director after reaching 75 years of age.
• The Board adopted the changes on August 20, 2026; the Form 8‑K was filed on August 25, 2026.
• A marked copy of the Amended and Restated Bylaws reflecting these changes was filed as Exhibit 3.1 to the 8‑K.

Why It Matters These bylaw amendments change the company’s governance rules: they lower the ownership requirement for shareholders to call a special meeting (from 50% to 25%) and set an absolute age limit for director elections (75). Investors should note these concrete, company‑adopted governance changes when assessing shareholder rights and board composition.