Last updated: 29 July 2024 at 4:36pm EST

Peter Ax Net Worth




The estimated Net Worth of Peter L Ax is at least $9.79 Million 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.

Mr. Ax MTH stock SEC Form 4 insiders trading

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 Ax biography

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.

What is the salary of Peter Ax?

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.



How old is Peter Ax?

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.

What's Peter Ax's mailing address?

Peter's mailing address filed with the SEC is 18655 NORTH CLARET DRIVE, SUITE 400, SCOTTSDALE, AZ, 85255.

Insiders trading at Meritage Homes

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, and 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.



What does Meritage Homes do?

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



What does Meritage Homes's logo look like?

Meritage Homes Corp. logo

Complete history of Mr. Ax stock trades at Meritage Homes

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
26 Jul 2024 Peter L Ax
Director
Sale 3,000 $199.19 $597,570
26 Jul 2024
14,779
7 Aug 2023 Peter L Ax
Director
Sale 3,000 $149.50 $448,500
7 Aug 2023
15,029
4 Mar 2022 Peter L Ax
Director
Sale 5,062 $98.86 $500,429
4 Mar 2022
15,029
29 Oct 2021 Peter L Ax
Director
Sale 5,000 $112.26 $561,300
29 Oct 2021
15,591
2 Aug 2021 Peter L Ax
Director
Sale 5,000 $109.44 $547,200
2 Aug 2021
20,591
4 May 2021 Peter L Ax
Director
Sale 5,500 $108.17 $594,935
4 May 2021
25,591
10 Sep 2020 Peter L Ax
Director
Sale 6,000 $100.06 $600,360
10 Sep 2020
26,400
9 Sep 2020 Peter L Ax
Director
Sale 3,000 $99.24 $297,720
9 Sep 2020
32,400
2 Aug 2019 Peter L Ax
Director
Sale 17,100 $64.02 $1,094,742
2 Aug 2019
30,400
8 Mar 2018 Peter L Ax
Director
Sale 12,500 $44.02 $550,250
8 Mar 2018
42,500
13 Jun 2016 Peter L Ax
Director
Sale 15,000 $36.71 $550,650
13 Jun 2016
45,000
30 Apr 2013 Peter L Ax
Director
Option 11,500 $25.32 $291,180
30 Apr 2013
53,500
5 Dec 2007 Peter L Ax
Director
Sale 20,000 $14.61 $292,200
5 Dec 2007
10,000
6 Mar 2007 Peter L Ax
Director
Option 30,000 $10.69 $320,700
6 Mar 2007
30,000
1 Jun 2005 Peter L Ax
Director
Option 8,000 $4.50 $36,000
1 Jun 2005
8,000


Meritage Homes executives and stock owners

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