LGIH LGI Homes, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q1 2026: $3M, Q3 2025: $0M, Q2 2025: $8M, Q1 2025: $10M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $3M vs trailing avg $6M (-49%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $21M / FCF $14M = 149% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 3,928,918 shares = 17.0% of 23,133,086 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $3M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 2619472.9x more than bought. 3 C-suite officers among sellers

• Snider Michael Larry (President and COO) sold 5,602 shares on 2026-03-09
• Snider Michael Larry (President and COO) sold 404 shares on 2026-03-09
• Snider Michael Larry (President and COO) sold 1,881 shares on 2026-03-09
• Snider Michael Larry (President and COO) sold 4,262 shares on 2026-03-09
• Snider Michael Larry (President and COO) sold 307 shares on 2026-03-09
• Snider Michael Larry (President and COO) sold 1,431 shares on 2026-03-09
• Merdian Charles Michael (CFO and Treasurer) sold 5,122 shares on 2026-03-09
• Merdian Charles Michael (CFO and Treasurer) sold 369 shares on 2026-03-09
• Merdian Charles Michael (CFO and Treasurer) sold 1,720 shares on 2026-03-09
• Lipar Eric Thomas (CEO and Chairman of the Board) sold 17,686 shares on 2026-03-09