Lipar Eric Thomas sold ~$1.8M in LGI Homes, Inc. stock
LGI Homes, Inc. (LGIH) · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
Trade Details · Public SEC Filing
Insider
Lipar Eric Thomas
Role
—
Transaction
Open-Market Sale
Approx. Value
~$1.8M
Trade Date
Mar 26, 2026
Company
LGI Homes, Inc.
Ticker
LGIHSource
SEC EDGAR Form 4
Why This Trade Stands Out
Very Strong conviction signal
Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.
~$1.8M sale
Trades over $1M are rare. When insiders put this much of their own money on the line, they tend to have high conviction in their company's direction.
3 insiders traded in the same window
When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.
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Lipar Eric Thomas wasn't the only one selling.
3 insiders at LGI Homes, Inc. traded within the same 30-day window.
See who else bought · FreeOn March 26, 2026, Lipar Eric Thomas — a corporate insider at LGI Homes, Inc. — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$1.8M in LGI Homes, Inc. (LGIH) stock.
This transaction was part of a cluster — 3 insiders at LGI Homes, Inc. made open-market sales within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
VeritySignals Conviction Analysis
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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More LGIH Insider Activity
Snider Michael Larry
Mar 11, 2024
~$2.9M
STRONG
Snider Michael Larry
Feb 28, 2023
~$9.0M
VS
Edone Ryan
Jun 15, 2022
~$82K
STRONG
Snider Michael Larry
Mar 16, 2022
~$8.6M
STRONG
How to Read Insider Trades
What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
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