OTHER INFORMATION
−Removed: On August 2, 2024 , Michael Snider , Chief Operating Officer of the Company, adopted a “Rule 10b5-1 trading arrangement,” as defined in Item 408(a) of Regulation S-K, that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act.
−Removed: Subject to meeting the stock price conditions set forth therein and pursuant to the terms thereof, Mr.
−Removed: Snider’s Rule 10b5-1 trading arrangement provides for the sale, between November 21, 2024 and November 21, 2025 , of a maximum number of shares of the Company’s common stock that would generate proceeds of up to $3.0 million.
−Removed: Snider’s Rule 10b5-1 trading arrangement will be in effect until the earlier of (i) November 21, 2025 and (ii) the completion of all sales contemplated thereunder.
−Removed: Except as set forth above, during the three months ended September 30, 2024, no director or officer (as defined in Rule 16a-1(f) under the Exchange Act) of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
+Added: Rule 10b5-1 Trading Arrangements
+Added: During the three months ended March 31, 2025, no director or officer (as defined in Rule 16a-1(f) under the Exchange Act) of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
+Added: Amendment to 2024 Credit Agreement
+Added: On April 28, 2025, we entered into the Sixth Amendment, which amended the 2024 Credit Agreement.
+Added: The Sixth Amendment, among other things, (a) extended the maturity of the commitments of certain lenders under the Credit Agreement to April 28, 2029, (b) added certain financial institutions as issuers of letters of credit and (c) reset the tangible net worth financial covenant for the period from and after the date of the Sixth Amendment.
+Added: The Credit Agreement matures on April 28, 2029 with respect to $972.5 million, or 82.2%, of the $1.1825 billion of commitments thereunder and on April 28, 2028 with respect to 17.8% of the commitments thereunder.
+Added: The Credit Agreement otherwise has substantially similar terms and provisions to the 2024 Credit Agreement.
+Added: For additional information on the Credit Agreement (including defined terms used in this paragraph), see Note 4 , “Notes Payable” to our consolidated financial statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q.
3.1** Certificate of Incorporation of LGI Homes, Inc.
10 unchanged sentences
filed with the SEC on August 28, 2013).
−Removed: 10.1** Fifth Amendment to Fifth Amended and Restated Credit Agreement, dated as of October 9, 2024, by and among LGI Homes, Inc., each of the financial institutions initially a signatory thereto, and Wells Fargo Bank, National Association, as administrative agent ( incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K (File No.
−Removed: 001 - 36126 ) of LGI Homes, Inc.
−Removed: filed with the SEC on October 11 , 20 24 ) .
+Added: Sixth Amendment to Fifth Amended and Restated Credit Agreement, dated as of April 28 , 2025, by and among LGI Homes, Inc., each of the financial institutions initially a signatory thereto, and Wells Fargo Bank, National Association, as administrative agent.
31.1* CEO Certification, Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
16 unchanged sentences
LGI Homes, Inc.
−Removed: November 5, 2024 /s/ Eric Lipar
+Added: April 29, 2025 /s/ Eric Lipar
Chief Executive Officer and Chairman of the Board
−Removed: November 5, 2024 /s/ Charles Merdian
+Added: April 29, 2025 /s/ Charles Merdian
Charles Merdian
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.