Garber Scott James 4

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.