Maria Renna Sharpe is the CEO of LGI Homes, Inc., a company she joined in January 2022 after a solid career in human resources and legal fields. With over 37 years of extensive experience, she has held key positions in...

Current Market Cap

$2.38B

Number of Employees

1.09K

Total Compensation

2022 - 2022

Trending up by 0.00% last year
Showing total compensation for the last 2022 - 2022

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2022

Total Compensation

$1.62M

Salary

$975.00K

Board Justification

The compensation philosophy is to align executive pay with performance, ensuring that a substantial portion of compensation is performance-based to drive long-term stockholder value.

Bonus

$590.09K

Board Justification

The total Annual Bonus payment to be earned by each participating NEO was based (i) 75% on the pre-tax net income during 2022 as compared to target and (ii) 25% on the number of home closings during 2022 as compared to the target.

Other

$53.96K

Board Justification

This includes various benefits such as reimbursement of club membership dues and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus is on the performance-based stock units (PSUs) and restricted stock units (RSUs) which have not yet vested.

Performance Metrics

The performance metrics for the CEO's compensation are based on pre-tax net income and home closings relative to established targets.

SEC Filing

From March 17, 2023