---
schema_version: "secwatch.filing_event.v1"
accession: "0000833079-23-000072"
form_type: "8-K"
ticker: "MTH"
cik: "0000833079"
company_name: "Meritage Homes CORP"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:42:32.502588+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Meritage Homes raises 2023 compensation targets for top executives; increases max payout caps

## Summary
- CEO Lord: base salary unchanged at $900k; PSA/RSU target increased to $2.025M each; max payout cap raised to 200%.
- CFO Sferruzza: target bonus increased to $1.26875M (175% of base, up from 125%); PSA/RSU target $725k each.
- COO Szubinski: target annual cash bonus increased to $1.625M.
- General Counsel Clinton and CPO Feliciano: equity targets raised to $412k and $322.5k, respectively.
- For all NEOs: max payout for 2023 equity awards raised from 150% to 200%; cash bonus cap raised from 200% to 250%.

## SEC filing metadata
- accession: 0000833079-23-000072
- form_type: 8-K
- ticker: MTH
- cik: 0000833079
- company_name: Meritage Homes CORP
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/833079/000083307923000072/0000833079-23-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/833079/000083307923000072/mth-20230220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000833079-23-000072
- JSON: https://secwatch.observer/filing/0000833079-23-000072.json
- Plain text: https://secwatch.observer/filing/0000833079-23-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.