On March 23, 2026, the Executive Compensation Committee of Meritage Homes Corporation approved increases in compensation for several key executives, including CEO Phillippe Lord and CFO Hilla Sferruzza. The adjustments were made in accordance with their respective employment agreements. The target annual cash incentive bonus for Lord has been increased to $4 million, while Sferruzza's target bonus is now set at $1.6 million. Additionally, the equity compensation for Lord has been revised to a target value of $6 million, reflecting the company's commitment to aligning executive compensation with performance metrics. Other executives, including Malissia Clinton and Javier Feliciano, also received increases in their compensation packages. The compensation for Executive Chairman Steven J. Hilton and Executive Vice President Austin Woffinden remains unchanged. These changes are expected to enhance the company's leadership stability and operational execution, potentially leading to improved performance in the upcoming fiscal year.

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