Beazer Homes: Pei Sun's 22,877 shares canceled in merger
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Form Type
4
Rhea-AI Filing Summary
Beazer Homes USA Inc. VP & Chief Accounting Officer Pei Sun reported that 22,877 common shares were canceled in the merger with Dream Finders Homes, Inc. on October 20, 2026, converting into the right to receive $33.50 per share in cash, without interest and subject to applicable withholding taxes. The report also lists 1,614 shares tied to restricted stock awards and 2,988 shares tied to performance-based restricted stock awards, canceled for cash consideration; incomplete performance periods were deemed achieved at target.
Insider Trade Summary
Disposition: 27,479 shares
Disposition
3 txns
Insider
Sun Pei
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 22,877 | -- | -- |
| Disposition | Common Stock F1, F3 | 1,614 | -- | -- |
| Disposition | Common Stock F1, F4 | 2,988 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. This Form 4 reports transactions in securities of Beazer Homes USA, Inc. (the "Company") pursuant to the Agreement and Plan of Merger, dated as of August 6, 2026 (the "Merger Agreement"), by and among the Company, Dream Finders Homes, Inc. ("Parent") and Bulldogs Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent.
- F2. At the effective time of the Merger (the "Effective Time"), each outstanding share of Company common stock, par value $0.001 per share ("Common Stock"), reported in this Form 4 was cancelled and automatically converted into the right to receive $33.50 in cash, without interest, subject to any applicable withholding taxes (such amount per share, the "Merger Consideration").
- F3. Immediately prior to the Effective Time, each of these restricted stock awards ("Company RSA"), whether vested or unvested, that was outstanding as of immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of Common Stock subject to such Company RSA, multiplied by (B) the Merger Consideration, less applicable taxes required to be withheld with respect to such payment.
- F4. Immediately prior to the Effective Time, each of these performance-based restricted stock awards ("Company PSA"), whether vested or unvested, that was outstanding as of immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash (without interest) equal to the product of (A) the total number of shares of Common Stock subject to such Company PSA (with the performance conditions for any uncompleted periods deemed achieved at target level), multiplied by (B) the Merger Consideration, less applicable taxes required to be withheld with respect to such payment.
Key Figures
Common shares canceled: 22,877 shares
Merger consideration: $33.50 per share
Shares subject to restricted stock awards: 1,614 shares
+1 more
4 metrics
Common shares canceled
22,877 shares
Merger transaction dated October 20, 2026
Merger consideration
$33.50 per share
Cash consideration, without interest
Shares subject to restricted stock awards
1,614 shares
Canceled for cash consideration in the merger
Shares subject to performance-based restricted stock awards
2,988 shares
Canceled for cash consideration in the merger
Key Terms
Merger Consideration, Company RSA, Company PSA
3 terms
Merger Consideration financial
"such amount per share, the "Merger Consideration""
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
Company RSA financial
"restricted stock awards ("Company RSA")"
Company PSA financial
"performance-based restricted stock awards ("Company PSA")"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How were Pei Sun's BZH restricted stock awards settled?
The report lists 1,614 shares subject to restricted stock awards and 2,988 shares subject to performance-based restricted stock awards. The awards were canceled for cash based on the shares covered multiplied by $33.50, less applicable withholding taxes; incomplete performance periods were deemed achieved at target.
AI-generated analysis. How Rhea-AI works. Not financial advice.
