Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Eric Lipar earned $2.49M in total compensation at LGI Homes, including $975.00K salary, $590.09K bonus and $867.60K in stock. Most recently sold 3,489 shares in Mar 2025. Currently holds stock worth $26.57M. Led LGI Homes as CEO for 8 years.

Compensation History

Annual executive compensation data for Eric Lipar, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$2.49M

Salary

$975.00K

Bonus

$590.09K

Other

$53.96K

Salary

$975.00K

Board Justification

The executive compensation program links the pay of each NEO to performance and advancement of LGI’s overall annual and long-term performance and business strategies, aligning interests with those of stockholders and encouraging high-performing NEOs to remain with LGI.

Bonus

$590.09K

Board Justification

The total Annual Bonus payment to be earned by each participating NEO was based (i) 75% on the pre-tax net income during 2022 as compared to target and (ii) 25% on the number of home closings during 2022 as compared to the target. The payouts could range from 0% - 200% of the target annual bonus amount depending on the results achieved as compared to the threshold, target, and maximum for each measure.

Other Compensation

$53.96K

Board Justification

Includes 401(k) match, car allowance, and other benefits.

Restricted Stock

$867.60K7.3K RSU

Board Justification

RSUs granted on March 15, 2022 that vested on the third anniversary of the grant date.

Performance Metrics

Pre-tax net income and home closings performance measures.

L

Eric Lipar

Founder and Ex-CEO of LGI Homes

Education

Bachelor's degree in Business Administration from University of Texas at Austin.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1971 - 54 years ago

CEO of LGI Homes for

8 years 4 months (Aug 2013 - Jan 2022)

Previous Experience

CEO of LGI Homes, Inc. since 2013, previously held various positions in the company since its founding in 2003.

Holdings

Track Eric Lipar's stock holdings and portfolio value over time.

Total Stock Sold

$36.00M

LGIH

$36.00M

505,116 LGIH shares

What if they kept their stock?

If Eric Lipar didn't sell their stock, today they would have:
Extra LGIH505,116 shares worth $20.57M.
This is -42.84% and $15.42M less than what they got when they sold the stock.

Insider Trading

Eric Lipar's recent stock transactions, purchases, and sales filed with the SEC.

LGIH

$264.95K

LGIH at $75.94/share

Mar 8, 2025

Sale

LGIH

11,037 shares

LGIH

Mar 8, 2025

Received

LGIH

$1.22M

LGIH at $111.84/share

Mar 8, 2024

Sale

LGIH

24,561 shares

LGIH

Mar 8, 2024

Received

LGIH

7,942 shares

LGIH

Mar 8, 2023

Received

LGIH

$4.02M

LGIH at $104.73/share

Feb 27, 2023

Sale

LGIH

68,218 shares

LGIH

Feb 27, 2023

Received

LGIH

$3.88M

LGIH at $117.98/share

Mar 15, 2022

Sale

LGIH

65,395 shares

LGIH

Mar 15, 2022

Received

LGIH

$3.78M

LGIH at $139.86/share

Mar 15, 2021

Sale

Rivals

Compare Eric Lipar with competitor CEOs and industry peers.