The estimated Net Worth of Peter L Ax is at least $9.79 Milión dollars as of 26 July 2024. Mr. Ax owns over 3,000 units of Meritage Homes stock worth over $2,834,317 and over the last 21 years he sold MTH stock worth over $6,635,856. In addition, he makes $322,410 as Lead Independent Director at Meritage Homes.
Peter has made over 15 trades of the Meritage Homes stock since 2005, according to the Form 4 filled with the SEC. Most recently he sold 3,000 units of MTH stock worth $597,570 on 26 July 2024.
The largest trade he's ever made was exercising 30,000 units of Meritage Homes stock on 6 March 2007 worth over $320,700. On average, Peter trades about 4,045 units every 189 days since 2004. As of 26 July 2024 he still owns at least 14,779 units of Meritage Homes stock.
You can see the complete history of Mr. Ax stock trades at the bottom of the page.
Peter L. Ax is Lead Independent Director of Meritage Homes Corporation. Mr. Ax has been a director since September 2000 and is the Company's lead independent director. He is the Chief Executive Officer of UpscriptHealth, a telemedicine-based software platform which allows pharmaceutical manufacturers to sell medications direct-to-consumer. He is also the managing partner of Phoenix Capital Management, an operationally focused venture capital firm. Mr. Ax was the chairman and Chief Executive Officer of SpinCycle, Inc., a public reporting consolidator and developer of coin-operated laundromats. Previously, Mr. Ax served as head of the Private Equity Placement Division and senior vice president of Lehman Brothers in New York and has served in various operating roles for enterprises operated by Phoenix Capital Management. Mr. Ax is also on the board of directors of iGo, Inc. (formerly, NASDAQ: IGOI). Mr. Ax holds an MBA from the Wharton School at the University of Pennsylvania, a juris doctorate from the University of Arizona, and a bachelor of science in business administration from the University of Arizona, and has been a certified public accountant. Mr. Ax possesses extensive skills and experience relating to, among other things, capital markets and corporate finance.
As the Lead Independent Director of Meritage Homes, the total compensation of Peter Ax at Meritage Homes is $322,410. There are 9 executives at Meritage Homes getting paid more, with Steven Hilton having the highest compensation of $9,195,590.
Peter Ax is 60, he's been the Lead Independent Director of Meritage Homes since 2007. There are 2 older and 14 younger executives at Meritage Homes. The oldest executive at Meritage Homes Corp. is Gerald Haddock, 72, who is the Independent Director.
Peter's mailing address filed with the SEC is 18655 NORTH CLARET DRIVE, SUITE 400, SCOTTSDALE, AZ, 85255.
Over the last 22 years, insiders at Meritage Homes have traded over $350,093,764 worth of Meritage Homes stock and bought 1,064,850 units worth $18,811,899 . The most active insiders traders include Robert Gary Sarver, Richard T Burke a Steven J Hilton. On average, Meritage Homes executives and independent directors trade stock every 19 days with the average trade being worth of $4,156,064. The most recent stock trade was executed by R. Odell Michael on 23 August 2024, trading 5,000 units of MTH stock currently worth $1,000,000.
over 30 years, we've built 85,000+ homes, but more importantly we've created well more than 80,000 happy homeowners. our unmatched commitment to quality has helped us become the ninth largest homebuilder in the country. meritage homes has been included among the forbes' platinum 400 — best big companies of america, the fortune 1000 largest corporations of america, has been named texas builder of the year five times, and was voted as one of the best places to work in the valley by bestcompaniesaz, llc. meritage homes is known for its award-winning designs and for providing outstanding quality. meritage homes is committed to excellence and exceptional value to every home by being 100% energy star® certified. in fact, as a testament to our innovative culture, we were the first national homebuilder to be 100% energy star certified for every home we build. more than building the american dream and upholding our responsibility to help protect the environment, we give our homeowners what th
Meritage Homes executives and other stock owners filed with the SEC include: