secwatch.observer — SEC 8-K summary
======================================

Issuer:     Meritage Homes CORP (MTH)
CIK:        0000833079
Form:       8-K
Filed at:   2021-09-03T23:59:59+00:00
Accession:  0000833079-21-000129
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meritage EVP & GC C. Timothy White to retire Dec 15, 2021; receives $3.6M lump sum and accelerated vesting
--------------------------------------------------------------------------------

- C. Timothy White, Executive VP and General Counsel, will retire effective Dec 15, 2021.
- White to provide consulting services for up to 12 months post-retirement as needed.
- Amendment sets base salary at $560,000 through termination and provides $3.6M lump sum payment.
- All outstanding time-based equity awards vest; performance awards settled based on actual performance.
- Change of Control Agreement terminated; COBRA premium subsidy of 150% for 18 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833079/000083307921000129/0000833079-21-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833079/000083307921000129/mth-20210901.htm
  HTML page:      https://secwatch.observer/filing/0000833079-21-000129

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer