Company: LGIH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001580670-25-000028
Chunk: 77

Company: LGI Homes, Inc.
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 77
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 five-year period presented in the table was $126.54, while the cumulative TSR of the peer group presented for this purpose, the S&P Select Industry Index, over the three-year period presented in the table was $228.94.

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#### 2024 Key Performance Measures
The table below contains an unranked list of the most important performance measures used by the Company to link executive compensation actually paid to the Company’s fiscal year 2024 performance.

| Key Performance Measures |
| Pre-Tax Net Income       |
| Earnings Per Share       |
| Home Closings            |

Our CEO to Median Employee Pay Ratio for 2024 was 56:1.

We believe our executive compensation program must be consistent and internally equitable to motivate our employees to perform in ways that enhance stockholder value. We are committed to internal pay equity, and the Compensation Committee monitors the relationship between the pay of our executive officers and the pay of our non-executive employees.

Our CEO to median employee pay ratio is calculated in accordance with the applicable SEC rules and SEC Staff guidance interpreting such rules. We selected December 31, 2024 as the date to identify our median employee, at which time our employee population consisted of 1,170 persons, of which 60% are on-site sales and support personnel. This population consisted of our full-time, part-time, seasonal and temporary employees. To identify our median employee from our employee population, we used employees’ 2024 gross compensation from our payroll records, which reflects all compensation recorded for our employees for 2024, as our consistently applied compensation measure. We annualized the gross compensation for any full-time or part-time employees who were hired in 2024 but were not employed by us for all of 2024. We then ranked the 2024 gross compensation of all employees, excluding the CEO (a list of 1,169 employees), from lowest to highest and identified our median employee.

After identifying our median employee, we combined all of the elements of this employee’s compensation for 2024 in accordance with Item 402(c)(2)(x) of Regulation S-K, resulting in total annual compensation of $109,765. With respect to the annual total compensation of our CEO, we used $6,165,906, the amount reported in the “Total” column of our Summary Executive Compensation Table in this Proxy Statement. Based on this information, the pay ratio of our CEO’s annual total compensation to that of our median employee