Beazer Homes director shares canceled for $33.50 each
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Beazer Homes USA Inc. director Norma Ann Provencio reported dispositions to the issuer on October 20, 2026, under the merger: 98,189 directly held common shares and 10,600 shares held in an IRA were canceled and converted into rights to receive $33.50 per share in cash, without interest and subject to applicable withholding taxes. The IRA position was 0 shares following the transaction. She also reported cancellation of restricted stock awards covering 7,199 shares, converted into cash equal to the share count multiplied by the $33.50 merger consideration, without interest and less applicable withholding taxes. No Rule 10b5-1 plan is reported.
Insider Trade Summary
Disposition: 115,988 shares
Disposition
3 txns
Insider
Provencio Norma Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 98,189 | -- | -- |
| Disposition | Common Stock F1, F2 | 10,600 | -- | -- |
| Disposition | Common Stock F1, F3 | 7,199 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, Held in IRA Account);
Common Stock — 0 shares (Direct)
Footnotes (3)
- 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.
Key Figures
Direct common shares disposed: 98,189 shares
IRA-held common shares disposed: 10,600 shares
Restricted stock award shares: 7,199 shares
+2 more
5 metrics
Direct common shares disposed
98,189 shares
October 20, 2026; converted into the right to receive merger consideration
IRA-held common shares disposed
10,600 shares
October 20, 2026; IRA position following the transaction was 0 shares
Restricted stock award shares
7,199 shares
Canceled and converted into cash under the merger
Merger consideration
$33.50 per share
Cash consideration for common shares, without interest and subject to applicable withholding taxes
IRA shares following transaction
0 shares
Reported following the October 20, 2026 transaction
Key Terms
Merger Consideration, Effective Time, restricted stock awards
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.
Effective Time financial
"At the effective time of the Merger"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
restricted stock awards financial
"each of these restricted stock awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BZH director Norma Ann Provencio report?
Norma Ann Provencio reported dispositions to the issuer on October 20, 2026, involving 98,189 directly held common shares and 10,600 shares held in an IRA; those common shares were canceled and converted into the right to receive $33.50 per share in cash, without interest and subject to applicable withholding taxes. The IRA position was 0 shares following the transaction. No Rule 10b5-1 plan is reported.
How were Norma Ann Provencio's BZH restricted stock awards settled?
The 7,199 shares subject to restricted stock awards were canceled immediately before the merger's effective time and converted into a cash amount equal to the number of shares multiplied by $33.50, without interest and less applicable withholding taxes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
