In 2022, Phillipe Lord earned $24.11M in total compensation at Meritage Homes, including $900.00K salary, $5.63M bonus and $17.53M in stock. Most recently sold 72,334 shares in Feb 2025. Currently holds stock worth $29.32M. Has donated $1.37M in stock to charitable causes. 4+ years at the helm of Meritage Homes.
Compensation History
Annual executive compensation data for Phillipe Lord, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$24.11M
Salary
$900.00K
Bonus
$5.63M
Other
$62.53K
Salary
$900.00KBoard Justification
The executive compensation program is designed to drive and reward superior corporate performance while being competitive with peer companies, with a strong focus on pay-for-performance.
Bonus
$5.63MBoard Justification
The bonus is based on the achievement of performance goals established by the Compensation Committee, with payouts contingent on performance metrics including Adjusted EBITDA, number of home closings, and customer satisfaction rating for the year 2023.
Other Compensation
$62.53KBoard Justification
Other compensation includes health and insurance premiums, 401(k) match, and other benefits as outlined in the employment agreement.
Restricted Stock
Board Justification
The vested stock includes time-based restricted stock units that cliff vest on the third anniversary of the grant date, with the total value calculated based on the closing price of the Company’s stock on the last business day of 2023.
Performance Metrics
The performance metrics for the CEO's compensation in 2022 included Adjusted EBITDA, number of home closings, and customer satisfaction rating.
Phillipe Lord
CEO of Meritage Homes
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
CEO of Meritage Homes for
4 years 11 months (Jan 2021 - Present)
Previous Experience
Previously served as Chief Operating Officer of Meritage Homes Corporation.
Other Meritage Homes CEOs
Holdings
Track Phillipe Lord's stock holdings and portfolio value over time.
Total Stock Sold
$24.83M
$24.83M
471,558 MTH shares
What if they kept their stock?
If Phillipe Lord didn't sell their stock, today they would have:
Extra MTH471,558 shares worth $34.20M.
This is 37.74% and $9.37M more than what they got when they sold the stock.
Charitable Transactions
18,900 shares
MTH
Recent Charitable Transactions
7,900 shares
MTH
Mar 10, 2025
Charity
1,500 shares
MTH
Aug 27, 2024
Charity
2,500 shares
MTH
Feb 2, 2024
Charity
1,500 shares
MTH
Dec 11, 2019
Charity
Insider Trading
Phillipe Lord's recent stock transactions, purchases, and sales filed with the SEC.
7,900 shares
MTH
Mar 10, 2025
Charity
7,900 shares
MTH
Mar 10, 2025
Charity
$5.18M
MTH at $71.59/share
Feb 28, 2025
Sale
94,774 shares
MTH
Feb 28, 2025
Received
74,132 shares
MTH
Feb 20, 2025
Received
1,500 shares
MTH
Aug 27, 2024
Charity
1,500 shares
MTH
Aug 27, 2024
Charity
$2.02M
MTH at $201.55/share
Jul 26, 2024
Sale
$406.98K
MTH at $162.79/share
Mar 13, 2024
Sale
$2.89M
MTH at $159.40/share
Mar 1, 2024
Sale
Rivals
Compare Phillipe Lord with competitor CEOs and industry peers.
Cynthia M. M. Dyer
CEO of Taylor Morrison Home Corporation
2023 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$2.62M
Other
$0.00
Total Holdings
$1.17M
Eugene J. Bredow
CEO of NVR
2023 Compensation
Stock
$250.00K
Salary
$500.00K
Bonus
$150.00K
Other
$50.00K
Total Holdings
$3.81M
Allan P. Merrill
CEO of Beazer Homes USA, Inc.
2020 Compensation
Stock
$4.96M
Salary
$926.38K
Bonus
$2.81M
Other
$108.70K
Total Holdings
$55.48M
Douglas C. Yearley, Jr.
CEO of Toll Brothers
2023 Compensation
Stock
$0.00
Salary
$1.20M
Bonus
$7.80M
Other
$0.00
Total Holdings
$191.52K
Ryan R. Marshall
CEO of Pultegroup
2023 Compensation
Stock
$10.97M
Salary
$1.00M
Bonus
$4.09M
Other
$35.21K
Total Holdings
$117.80K