LGI Homes, Inc.·4

Mar 10, 5:53 PM ET

Lipar Eric Thomas 4

4 · LGI Homes, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

LGI Homes (LGIH) 10% Owner Eric Lipar Sells Shares

What Happened
Eric Lipar, a reported 10% owner of LGI Homes (LGIH), received an award of 35,622 shares on March 8, 2026 (acquired at $0.00) and sold a total of 39,898 shares on March 9, 2026 in multiple open-market transactions. The sales generated aggregate proceeds of approximately $1,675,684. According to the filing footnote, the sales relate to withholding taxes for the awards that vested on March 8, 2026.

Key Details

  • Transaction dates: Award vested 2026-03-08; sales executed 2026-03-09; Form 4 filed 2026-03-10 (appears timely).
  • Award: 35,622 shares granted/vested at $0.00 (code A).
  • Sales (open market):
    • 17,686 shares at $41.54 — $734,676 (weighted avg; range $41.06–$42.05)
    • 1,274 shares at $42.55 — $54,209 (weighted avg; range $42.06–$43.02)
    • 5,938 shares at $43.41 — $257,769 (weighted avg; range $43.06–$43.67)
    • 10,802 shares at $41.54 — $448,715 (weighted avg; range $41.06–$42.03)
    • 1,878 shares at $42.40 — $79,627 (weighted avg; range $42.06–$43.05)
    • 2,320 shares at $43.40 — $100,688 (weighted avg; range $43.06–$43.59)
  • Total sold: 39,898 shares for ~$1,675,684.
  • Footnotes: F1 states these sales relate to tax withholding for the March 8 vesting. F2–F7 explain reported prices are weighted averages and provide price ranges for the multiple transactions. F8–F9 indicate the reporting person’s ownership structure (sole owner of GP/sole owner of entity).
  • Shares owned after the transactions: not specified in the provided excerpt — check the full Form 4 for post-transaction beneficial ownership.

Context

  • These transactions are routine for vesting events: shares are often sold to cover required tax withholding (footnote F1), so sales in this context are not necessarily a negative signal about company prospects.
  • The reporting person is a 10% owner (not labeled here as an officer or director), and the filing does not indicate a 10b5-1 plan or an exercise of options; this was an award vesting with subsequent sales for taxes.
  • Filing appears timely (filed within days of the transactions); no late-filing flag was provided.

For exact post-transaction holdings or a breakdown of each sale price within the weighted averages, review the full Form 4 filing (Accession No. 0001580670-26-000022).

Insider Transaction Report

Form 4
Period: 2026-03-08
Lipar Eric Thomas
DirectorCEO and Chairman of the Board10% Owner
Transactions
  • Award

    Common Stock

    2026-03-08+35,622670,600 total
  • Sale

    Common Stock

    [F1][F2]
    2026-03-09$41.54/sh17,686$734,676652,914 total
  • Sale

    Common Stock

    [F1][F3]
    2026-03-09$42.55/sh1,274$54,209651,640 total
  • Sale

    Common Stock

    [F1][F4]
    2026-03-09$43.41/sh5,938$257,769645,702 total
  • Sale

    Common Stock

    [F5]
    2026-03-09$41.54/sh10,802$448,715634,900 total
  • Sale

    Common Stock

    [F6]
    2026-03-09$42.40/sh1,878$79,627633,022 total
  • Sale

    Common Stock

    [F7]
    2026-03-09$43.40/sh2,320$100,688630,702 total
Holdings
  • Common Stock

    [F8]
    (indirect: By EDSS Holdings, LP)
    1,663,007
  • Common Stock

    [F9]
    (indirect: By LLC)
    23,244
  • Common Stock

    (indirect: By Spouse)
    17,326
  • Common Stock

    [F9]
    (indirect: By LLC)
    175
Footnotes (9)
  • [F1]The sales reported in this transaction relate to withholding taxes for awards vesting on March 8, 2026.
  • [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.06 to $42.05, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.06 to $43.02, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.06 to $43.67, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.06 to $42.03, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F6]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.06 to $43.05, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F7]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.06 to $43.59, inclusive. The reporting person undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F8]The reporting person is the sole owner of the general partner of EDSS Holdings, LP, and a limited partner in EDSS Holdings, LP.
  • [F9]The reporting person is the sole owner of the entity.
Signature
/s/ Charles Merdian, Attorney-in-Fact|2026-03-10

Documents

3 files