ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On June 24, 2026, Meritage Homes Corporation (the "Company") entered into the Twelfth Amendment to Amended and Restated Credit Agreement (the "Twelfth Amendment"), which amends that certain Amended and Restated Credit Agreement, dated as of June 13, 2014 (as amended, the "Credit Agreement"). Among other things, the Twelfth Amendment increases the facility size to $980.0 million, amends the accordion feature to permit the facility size to be increased to $1.470 billion, subject to certain conditions, extends the maturity date from July 9, 2030 to June 24, 2031, and revises the adjusted SOFR rate.
The foregoing description is qualified in its entirety by reference to the Twelfth Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.
ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
The information set forth above in Item 1.01 is incorporated by reference herein.