Trade Summary
4 days ago, Lord Phillippe, serving as CEO at Meritage Homes Corp (MTH), sold 32,820 shares at $76.49 per share, for a total transaction value of $2,510,538.00. Following this transaction, Lord Phillippe now holds 330,095 shares of MTH.
This sale represents a 9.00% decrease in Lord Phillippe's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, February 23, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, February 25, 2026, 2 days after the trade was made.
Meritage Homes Corp operates in the CONSUMER CYCLICAL sector, specifically within the RESIDENTIAL CONSTRUCTION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.