Meritage Homes (MTH) executive compensation, 2026 proxy

Phillippe Lord, CEO, was paid $8.1M in 2025, down 32% from $12M the year before. The CEO-to-median-employee pay ratio was 64:1, on median employee pay of $127,120.

Filed
April 7, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
6
CEO total pay
$8.1M-32% vs prior year
CEO to median employee
64:1median $127,120
CEO pay in equity
70%$5.7M in awards
CEO Base Salary
$1,000,000Unchanged from prior year
CEO Target Bonus
$3,250,000As stated in plan-based awards table
Pay Ratio
64:1CEO to median employee
Median Employee Pay
$127,120Annual total compensation
Outstanding Stock Awards Value
$11,313,784For CEO at fiscal year end

How Lord was paid

$8.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary12%Stock awards70%Non-equity incentive17%All other compensation1%

Named executive officers

ExecutiveTotal
Phillippe LordCEO$8,114,286
Hilla SferruzzaEVP and CFO$3,303,238
Steven J. HiltonExecutive Chairman$2,333,253
Malissia ClintonEVP, GC and Secretary$1,843,564
Javier FelicianoEVP and CPO$1,616,429
Clint SzubinskiFormer EVP and COO$2,732,006

What changed and why

  • $8.1MCEO total compensation decreased to $8,114,286 in 2025 from $11,974,134 in 2024.
  • $1MBase salary for CEO Phillippe Lord remained unchanged at $1,000,000.
  • $1.4MNon-equity incentive compensation for the CEO decreased significantly to $1,352,000 in 2025.
  • $5.7MStock awards for the CEO increased to $5,697,085 in 2025.
  • Clint Szubinski terminated employment on May 16, 2025, forfeiting all outstanding unvested equity awards.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.