Garber Scott James 4
4 · LGI Homes, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
LGI Homes (LGIH) GC Scott Garber Receives Award, Sells Shares for Taxes
What Happened
- Scott James Garber, General Counsel and Secretary of LGI Homes (LGIH), had an award of 4,545 shares vest on March 8, 2026 (acquired at $0). On March 9, 2026 he sold 1,353 of those shares in open-market transactions to satisfy withholding taxes, generating total proceeds of about $56,877. The sales were executed in multiple transactions at weighted-average prices reported and further detailed by price ranges in the filing footnotes.
Key Details
- Transactions: 3/8/2026 — Award/acquisition of 4,545 shares at $0 (vested); 3/9/2026 — three open-market sales totaling 1,353 shares.
- Sales breakdown (weighted averages and reported ranges):
- 961 shares at weighted avg $41.54 (range $41.06–$42.05) — $39,920
- 69 shares at weighted avg $42.55 (range $42.06–$43.02) — $2,936
- 323 shares at weighted avg $43.41 (range $43.06–$43.67) — $14,021
- Total proceeds from sales: approximately $56,877.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 states the sales were to cover withholding taxes on the awards vesting 3/8/2026; F2–F4 provide per-sale price ranges and the reporting person's offer to supply exact per-price breakdowns on request.
- Filing: Form 4 filed March 10, 2026 (timely reporting; transactions occurred 3/8–3/9).
Context
- This appears to be a routine vesting of an equity award with a portion of shares sold to cover tax withholding (common practice); such withholding sales are administrative and do not necessarily indicate a view on the company’s prospects. No late filing was indicated in the provided data.
Insider Transaction Report
Form 4
LGI Homes, Inc.LGIH
Garber Scott James
General Counsel and Secretary
Transactions
- Award
Common Stock
2026-03-08+4,545→ 23,069 total - Sale
Common Stock
[F1][F2]2026-03-09$41.54/sh−961$39,920→ 22,108 total - Sale
Common Stock
[F1][F3]2026-03-09$42.55/sh−69$2,936→ 22,039 total - Sale
Common Stock
[F1][F4]2026-03-09$43.41/sh−323$14,021→ 21,716 total
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