A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 7 filings in this group are Form 4s for LGI Homes, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 7 insider filings shown, the breakdown is 4 open-market sale, 2 compensation award and 1 gift. 4 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Gift
Tax / Compensation Filing
2026-03-10
LGIH insider Form 4 filed for equity award, exercise, or tax withholding
Vahradian Robert Karnig (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
1,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Vahradian Robert Karnig (Director)
Shares: 1,000
Form 4
Open-market sale
Insider Selling
2026-03-10
LGIH insider Snider Michael Larry (President and COO) sold 13,887 shares (~$583.8K)
Snider Michael Larry, listed as President and COO at LGI Homes, Inc., reported an open-market sale of 13,887 LGIH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
12,128 |
— |
— |
S |
Open-market sale
|
5,602 |
$41.54 |
$232.7K |
S |
Open-market sale
|
404 |
$42.55 |
$17.2K |
S |
Open-market sale
|
1,881 |
$43.41 |
$81.7K |
S |
Open-market sale
|
4,262 |
$41.54 |
$177.0K |
S |
Open-market sale
|
307 |
$42.55 |
$13.1K |
S |
Open-market sale
|
1,431 |
$43.41 |
$62.1K |
Filing: Form 4 (Insider Transaction)
Insider: Snider Michael Larry (President and COO)
Shares: 13,887
Est. Value: $583.8K
Form 4
Open-market sale
Insider Selling
2026-03-10
LGIH insider Merdian Charles Michael (CFO and Treasurer) sold 7,211 shares (~$303.1K)
Merdian Charles Michael, listed as CFO and Treasurer at LGI Homes, Inc., reported an open-market sale of 7,211 LGIH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
11,218 |
— |
— |
S |
Open-market sale
|
5,122 |
$41.54 |
$212.8K |
S |
Open-market sale
|
369 |
$42.55 |
$15.7K |
S |
Open-market sale
|
1,720 |
$43.41 |
$74.7K |
Filing: Form 4 (Insider Transaction)
Insider: Merdian Charles Michael (CFO and Treasurer)
Shares: 7,211
Est. Value: $303.1K
Form 4
Open-market sale
Insider Selling
2026-03-10
LGIH insider Lipar Eric Thomas (Director, CEO and Chairman of the Board, 10% Owner) sold 39,898 shares (~$1.68M)
Lipar Eric Thomas, listed as Director, CEO and Chairman of the Board, 10% Owner at LGI Homes, Inc., reported an open-market sale of 39,898 LGIH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
35,622 |
— |
— |
S |
Open-market sale
|
17,686 |
$41.54 |
$734.7K |
S |
Open-market sale
|
1,274 |
$42.55 |
$54.2K |
S |
Open-market sale
|
5,938 |
$43.41 |
$257.8K |
S |
Open-market sale
|
10,802 |
$41.54 |
$448.7K |
S |
Open-market sale
|
1,878 |
$42.40 |
$79.6K |
S |
Open-market sale
|
2,320 |
$43.40 |
$100.7K |
Filing: Form 4 (Insider Transaction)
Insider: Lipar Eric Thomas (Director, CEO and Chairman of the Board, 10% Owner)
Shares: 39,898
Est. Value: $1.68M
Form 4
Open-market sale
Insider Selling
2026-03-10
LGIH insider Garber Scott James (General Counsel and Secretary) sold 1,353 shares (~$56.9K)
Garber Scott James, listed as General Counsel and Secretary at LGI Homes, Inc., reported an open-market sale of 1,353 LGIH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
4,545 |
— |
— |
S |
Open-market sale
|
961 |
$41.54 |
$39.9K |
S |
Open-market sale
|
69 |
$42.55 |
$2.9K |
S |
Open-market sale
|
323 |
$43.41 |
$14.0K |
Filing: Form 4 (Insider Transaction)
Insider: Garber Scott James (General Counsel and Secretary)
Shares: 1,353
Est. Value: $56.9K
Form 4
Compensation award
Tax / Compensation Filing
2025-12-17
LGIH insider Form 4 filed for equity award, exercise, or tax withholding
Sharpe Maria Renna (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
3,214 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Sharpe Maria Renna (Director)
Shares: 3,214
Form 4
Compensation award
Tax / Compensation Filing
2025-12-17
LGIH insider Form 4 filed for equity award, exercise, or tax withholding
Smith Steven Randal (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
3,214 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Smith Steven Randal (Director)
Shares: 3,214