Beazer Homes: Sauvaget shares canceled for $33.50 each
The merger terms set cash consideration at $33.50 per common share; restricted stock awards were converted to cash less applicable withholding taxes.
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.
Rhea-AI Filing Summary
Beazer Homes USA Inc. director June Sauvaget reported dispositions of 8,942 Common Stock shares and 7,199 shares subject to restricted stock awards on October 20, 2026, in connection with the merger. Each reported Common Stock share was cancelled and automatically converted into the right to receive $33.50 in cash, without interest and subject to applicable withholding taxes. The reported restricted stock awards were cancelled and converted into cash equal to the number of shares subject to each award multiplied by the merger consideration, less applicable withholding taxes. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 8,942 | -- | -- |
| Disposition | Common Stock F1, F3 | 7,199 | -- | -- |
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
Key Terms
Merger Consideration financial
Effective Time technical
Company RSA financial
withholding taxes financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.