The estimated Net Worth of Eric Thomas Lipar is at least $106 Million dollars as of 8 March 2024. Mr. Lipar owns over 10,869 units of LGI Homes Inc stock worth over $65,484,869 and over the last 11 years he sold LGIH stock worth over $35,853,553. In addition, he makes $4,256,530 as Chairman of the Board and Chief Executive Officer at LGI Homes Inc.
Eric has made over 29 trades of the LGI Homes Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he sold 10,869 units of LGIH stock worth $1,216,785 on 8 March 2024.
The largest trade he's ever made was selling 49,139 units of LGI Homes Inc stock on 15 March 2020 worth over $2,232,385. On average, Eric trades about 14,754 units every 98 days since 2013. As of 8 March 2024 he still owns at least 627,430 units of LGI Homes Inc stock.
You can see the complete history of Mr. Lipar stock trades at the bottom of the page.
Eric Lipar serves as Chairman of the Board, Chief Executive Officer of the Company. He has served as our Chief Executive Officer since 2009, as a director since June 2013 and as Chairman of the Board since July 2013. Previously, Mr. Lipar served as our President from 2003 until 2009. Mr. Lipar has been in the residential land development business since the mid-1990s and is one of our founders. He has overseen land acquisitions, development and the sale of over 29,000 homes since our inception. Mr. Lipar currently serves on the Residential Neighborhood Development Council for the Urban Land Institute and is a member of the Policy Advisory Board for the Harvard Joint Center for Housing Studies. Through his in-depth work experience, Mr. Lipar has obtained a broad background in all aspects of residential construction, development, financing, sales and marketing. Mr. Lipar is responsible for our overall strategic leadership, working closely with our key executives to establish, implement and direct our long-range goals, strategies and policies.
As the Chairman of the Board and Chief Executive Officer of LGI Homes Inc, the total compensation of Eric Lipar at LGI Homes Inc is $4,256,530. There are no executives at LGI Homes Inc getting paid more.
Eric Lipar is 49, he's been the Chairman of the Board and Chief Executive Officer of LGI Homes Inc since 2013. There are 11 older and 6 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.
Eric's mailing address filed with the SEC is 1450 LAKE ROBBINS DRIVE, SUITE 430, , THE WOODLANDS, TX, 77380.
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.
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
LGI Homes Inc executives and other stock owners filed with the SEC include: