Company: LGIH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001580670-25-000028
Chunk: 62

Company: LGI Homes, Inc.
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 62
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 as a multiple of annual base salary. The minimum stock ownership requirements by level are as follows:

| Stock Ownership Guidelines                          |     |                |
| Chief Executive Officer                             |     | 5X Base Salary |
| Chief Operating Officer and Chief Financial Officer |     | 3X Base Salary |
| Other Executive Officers                            |     | 1X Base Salary |

Upon the appointment or election of a new executive officer, that person will be expected to reach full compliance with these requirements by the date that is five years after his or her appointment or election. Until the targeted ownership levels are attained, executive officers covered by this policy are required to retain at least 50% of the shares of our common stock acquired upon the vesting of share-based awards. As of December 31, 2024, each executive officer was in compliance with the policy.

Policy for the Recovery of Erroneously Awarded Compensation

In 2023, the Board adopted a policy for the recovery of erroneously awarded compensation, or “clawback” policy, applicable to executive officers. The policy implements the incentive-based compensation recovery provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 as required under the listing standards of NASDAQ, and requires recovery of incentive-based compensation received by current or former executive officers during the three fiscal years preceding the date it is determined that the Company is required to prepare an accounting restatement, including to correct an error that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period. The amount required to be recovered is the excess of the amount of incentive-based compensation received over the amount that otherwise would have been received had it been determined based on the restated financial measure.

#### No Hedging of Company Securities
See “Security Ownership of Certain Beneficial Owners - Anti-hedging and Insider Trading Policy” for a discussion of the Company’s anti-hedging policy.

#### Looking Ahead - 2025 Compensation
Annually, the Compensation Committee approves NEO compensation. The base salaries and incentive compensation programs continue to be similar to previous years as discussed above.

#### Compensation Risk Assessment
The Compensation Committee oversees the Company’s executive compensation program and annually reviews the program against the Company’s strategic goals, industry practices and emerging trends in order to ensure alignment with stockholder interests. The Compensation Committee believes that our performance-based bonus and equity programs provide executives with incentives to create long-term stockholder value.

As part of this evaluation, the Compensation Committee considers whether