February 10, 2025 · Form 4 insider transaction
HILTON STEVEN J bought 11,000 shares of Meritage Homes Corporation at $74.51 per share, a transaction worth $819.6K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
Represents a private purchase from a family trust controlled by Mr. Hilton.; 731,192 shares are held by family trusts controlled by Mr. Hilton and 80,000 shares are held by a charitable foundation controlled by Mr. Hilton. Mr. Hilton disclaims beneficial ownership of the shares held by the charitable foundation and of 26,850 shares held by certain family trusts, except to the extent of his pecuniary interest in such shares.; Balance reflects all other holdings, including restricted stock units that have previously vested.; In December 2024, Mr. Hilton was named successor trustee to certain family trusts which held 33,250 shares and the holdings were inadvertently omitted from previous Form 4 filings.; On January 2, 2025, Meritage Homes Corporation effected a 2-for-1 stock split to stockholders of record as of December 31, 2024. The number of securities reported in this Form 4 have been adjusted to reflect the stock split.