Snider Michael Larry 4

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

AI-generated summary of this filing

Updated Mar 11, 2026

LGI Homes (LGIH) COO Michael Snider Receives Award, Sells Shares

What Happened

Michael L. Snider, President and Chief Operating Officer of LGI Homes, reported an award acquisition and multiple open-market sales. On 2026-03-08 he was issued 12,128 shares (reported at $0.00, i.e., award/vesting). On 2026-03-09 he sold a total of 13,887 shares in several transactions for aggregate proceeds of $583,777 (approx. $42.04 per share weighted average).
The filing states the sales were made to satisfy withholding tax obligations arising from the vesting award. Overall, Snider sold 1,759 more shares than the award amount—indicating some sales came from previously held shares.

Key Details

Transaction dates: Award vested 2026-03-08; sales executed 2026-03-09; filing dated 2026-03-10 (timely).
Award: 12,128 shares acquired at $0.00 (vesting).
Sales (by reported blocks): 5,602 @ $41.54 ($232,707); 404 @ $42.55 ($17,190); 1,881 @ $43.41 ($81,654); 4,262 @ $41.54 ($177,043); 307 @ $42.55 ($13,063); 1,431 @ $43.41 ($62,120). Total sold 13,887 shares for $583,777.
Footnotes: F1 — sales relate to withholding taxes for the award vesting 3/8/2026. F2–F4 — reported prices are weighted averages for multiple trades within the listed price ranges ($41.06–$43.67 across blocks); the filer will provide per-price breakdown on request.
Shares owned after the transactions: not specified in the provided filing.

Context

These transactions reflect an award vesting with concurrent share sales to cover tax withholding — a common, routine event for executives. Such tax-withholding sales are not the same signal as opportunistic insider selling or purchases; purchases generally carry more weight for bullish interpretation.
Filing appears timely (reported within the SEC’s two-business-day window).

Form 4

Period: 2026-03-08

President and COO

Transactions

Award
Common Stock
2026-03-08+12,128→ 38,404 total
Sale
Common Stock
[F1][F2]
2026-03-09$41.54/sh−5,602$232,707→ 32,802 total
Sale
Common Stock
[F1][F3]
2026-03-09$42.55/sh−404$17,190→ 32,398 total
Sale
Common Stock
[F1][F4]
2026-03-09$43.41/sh−1,881$81,654→ 30,517 total
Sale
Common Stock
[F2]
2026-03-09$41.54/sh−4,262$177,043→ 177,294 total(indirect: By Trust)
Sale
Common Stock
[F3]
2026-03-09$42.55/sh−307$13,063→ 176,987 total(indirect: By Trust)
Sale
Common Stock
[F4]
2026-03-09$43.41/sh−1,431$62,120→ 175,556 total(indirect: By Trust)

Holdings

Footnotes (4)

[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.

Signature

/s/ Charles Merdian, Attorney-in-Fact|2026-03-10

3 files