Lgi Homes Inc

1. 1

   Election of Directors

   ManagementBoard: FOR

   Elect Ryan Edone, Eric Lipar, Shailee Parikh, Bryan Sansbury, Maria Sharpe, Steven Smith, and Robert Vahradian to the Board of Directors to serve until the next annual meeting or until their successors are elected and qualified.

2. 2

   Ratification of Appointment of the Independent Registered Public Accounting Firm

   ManagementBoard: FOR

   Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

3. 3

   Advisory Vote on the Compensation Paid to Named Executive Officers (Say-on-Pay Vote

   ManagementBoard: FOR

   Non-binding, advisory vote to approve the compensation paid to the Company’s named executive officers for 2025, as disclosed in the proxy statement.

   More detail

   This proposal asks stockholders to cast a non-binding advisory vote approving the 2025 compensation of LGI’s named executive officers (NEOs) as disclosed in the proxy materials. Management seeks approval to affirm its compensation philosophy and practices—emphasizing pay-for-performance through a mix of base salary, short-term cash incentives (STI) and long-term incentives (LTI) comprised of performance share units (PSUs) tied to three-year cumulative basic EPS and time-based restricted stock units (RSUs). The Compensation Committee describes objective STI metrics (75% pre-tax net income, 25% homes closed) and a PSU design that includes caps tied to absolute TSR and payout ranges from 0% to 200%, as well as governance features such as clawbacks, stock ownership guidelines and benchmarking by an independent consultant. Contextually, 2025 operating results fell short of targets (pre-tax net income and home closings below threshold), producing a 0% annual bonus payout under the stated metrics, which is material background for evaluating whether pay outcomes matched performance. Management emphasizes retention and alignment—three-year cliff vesting, performance metrics, and newly adopted change-in-control severance agreements—while noting prior strong shareholder support for Say-on-Pay. The vote is advisory and non-binding, but the Board and Compensation Committee will consider results when setting future pay. For an analyst, key evaluation points include the disconnect in 2025 between disclosed target metrics and actual payouts, the PSU cap tied to TSR, the degree of discretion retained by the Compensation Committee to adjust awards, and whether the mix of incentive design appropriately mitigates excessive risk while promoting long-term value creation. Given the detailed disclosures on metrics, governance safeguards, and benchmarking, the Board's recommendation reflects a governance view that the program is appropriately calibrated despite near-term underperformance; however, shareholders will focus on realized pay outcomes relative to the weak 2025 financial results and whether that supports continued high levels of target LTI opportunity.

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When is the Lgi Homes Inc 2026 annual meeting?

Lgi Homes Inc (LGIH) holds its 2026 annual shareholder meeting on Thursday, April 23, 2026.

What is the record date for the Lgi Homes Inc 2026 meeting?

The record date for the Lgi Homes Inc 2026 meeting is Friday, February 27, 2026. Shareholders of record on or before that date are eligible to vote.

Who are the director nominees for Lgi Homes Inc's 2026 meeting?

The board is presenting 7 director nominees at the Lgi Homes Inc 2026 meeting, listed with their independence status and background.

What proposals will shareholders vote on at the Lgi Homes Inc 2026 meeting?

Shareholders will vote on 3 proposals at the Lgi Homes Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.