Last updated: 12 March 2024 at 6:03pm EST

Charles Merdian Net Worth




The estimated Net Worth of Charles Michael Merdian is at least $10 Million dollars as of 8 March 2024. Mr. Merdian owns over 6,361 units of LGI Homes Inc stock worth over $987,131 and over the last 11 years he sold LGIH stock worth over $7,366,797. In addition, he makes $1,662,210 as Chief Financial Officer and Treasurer at LGI Homes Inc.

Mr. Merdian LGIH stock SEC Form 4 insiders trading

Charles has made over 8 trades of the LGI Homes Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 6,361 units of LGIH stock worth $712,114 on 8 March 2024.

The largest trade he's ever made was selling 16,967 units of LGI Homes Inc stock on 15 March 2018 worth over $1,082,495. On average, Charles trades about 5,215 units every 150 days since 2013. As of 8 March 2024 he still owns at least 9,458 units of LGI Homes Inc stock.

You can see the complete history of Mr. Merdian stock trades at the bottom of the page.





Charles Merdian biography

Charles Merdian serves as Chief Financial Officer, Treasurer of the Company. He was elected Secretary and Treasurer in 2013. Prior to becoming our Chief Financial Officer in 2010, Mr. Merdian was our Controller from 2004 through 2010. Prior to joining us in 2004, Mr. Merdian served as Accounting and Finance Manager for The Woodlands Operating Company where he specialized in accounting and financial analysis of real estate ventures, focusing primarily on residential and commercial developments. Prior to The Woodlands Operating Company, Mr. Merdian served as an accounting manager working at the Williamson-Dickie Manufacturing Co. and as a senior auditor for Coopers & Lybrand, LLP. Mr. Merdian has worked in residential real estate and homebuilding finance since 1998. Mr. Merdian is a Certified Public Accountant and is a member of the Texas Society of Certified Public Accountants.

What is the salary of Charles Merdian?

As the Chief Financial Officer and Treasurer of LGI Homes Inc, the total compensation of Charles Merdian at LGI Homes Inc is $1,662,210. There are 4 executives at LGI Homes Inc getting paid more, with Eric Lipar having the highest compensation of $4,256,530.



How old is Charles Merdian?

Charles Merdian is 50, he's been the Chief Financial Officer and Treasurer of LGI Homes Inc since 2016. There are 8 older and 8 younger executives at LGI Homes Inc. The oldest executive at LGI Homes Inc is Thomas E. Lipar, 70, who is the Managing Member of Certain Predecessor Entities.

What's Charles Merdian's mailing address?

Charles's mailing address filed with the SEC is 1450 LAKE ROBBINS DRIVE, SUITE 430, , THE WOODLANDS, TX, 77380.

Insiders trading at LGI Homes Inc

Over the last 11 years, insiders at LGI Homes Inc have traded over $122,950,923 worth of LGI Homes Inc stock and bought 72,553 units worth $1,225,379 . The most active insiders traders include Thomas E Lipar, Eric Thomas Lipar, and Robert Karnig Vahradian. On average, LGI Homes Inc executives and independent directors trade stock every 23 days with the average trade being worth of $1,839,417. The most recent stock trade was executed by Michael Larry Snider on 8 March 2024, trading 7,993 units of LGIH stock currently worth $879,710.



What does LGI Homes Inc do?

based in the woodlands, texas, lgi homes is a publicly-traded homebuilder that has been making the dream of homeownership come true for buyers since 2003. our beautiful new homes, offered in amenity-rich communities conveniently located near major metropolitan areas, give the best in location, affordability and lifestyle to our homebuyers. our mission is simple: give first-time and long-time homebuyers quality homes at affordable prices. we are able to pass through savings to our customers because we procure and develop our own land, maximizing efficiencies and keeping costs low. our communities are located close to the urban centers where people work and play, while allowing our residents to enjoy the slower pace, open space and reduced expense that exists just a short distance from the city. we consider our communities the best of both worlds: where affordable homeownership meets the vibrancy and attractions of the greater metropolitan area. in addition to our presence in several tex



What does LGI Homes Inc's logo look like?

LGI Homes Inc logo

Complete history of Mr. Merdian stock trades at LGI Homes Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
8 Mar 2024 Charles Michael Merdian
CFO and Treasurer
Sale 6,361 $111.95 $712,114
8 Mar 2024
9,458
27 Feb 2023 Charles Michael Merdian
CFO and Treasurer
Sale 13,950 $104.39 $1,456,241
27 Feb 2023
15,482
15 Mar 2022 Charles Michael Merdian
CFO and Treasurer
Sale 11,233 $118.99 $1,336,615
15 Mar 2022
126,420
15 Mar 2021 Charles Michael Merdian
CFO and Treasurer
Sale 9,346 $138.58 $1,295,169
15 Mar 2021
106,216
15 Mar 2020 Charles Michael Merdian
CFO and Treasurer
Sale 14,536 $45.43 $660,370
15 Mar 2020
109,372
15 Mar 2019 Charles Michael Merdian
CFO and Treasurer
Sale 12,000 $57.20 $686,400
15 Mar 2019
95,012
15 Mar 2018 Charles Michael Merdian
CFO and Treasurer
Sale 16,967 $63.80 $1,082,495
15 Mar 2018
83,530
15 Mar 2017 Charles Michael Merdian
CFO and Treasurer
Sale 4,255 $32.29 $137,394
15 Mar 2017
65,152


LGI Homes Inc executives and stock owners

LGI Homes Inc executives and other stock owners filed with the SEC include: