Beazer Homes USA, Inc. announced changes to its Board of Directors. Danny Shepherd will retire from the Board effective at the company’s next annual meeting of stockholders. To maintain board strength, the company has appointed Howard C. Heckes as a new director, effective December 8, 2025.
The Board has determined that Mr. Heckes is independent under New York Stock Exchange listing standards and the company’s Corporate Governance Guidelines. He will receive the same compensation as other non-employee directors and will enter into Beazer’s standard indemnification agreement. The company stated there are no special arrangements or related person transactions connected to his appointment. A press release dated December 9, 2025 provides further detail on these board changes.
Allan P. Merrill, Chairman, President and Chief Executive Officer of Beazer Homes USA, Inc., filed a Schedule 13D reporting beneficial ownership of 1,572,441 shares of Beazer Homes common stock, representing 5.3% of the outstanding shares based on 29,759,950 shares as of November 10, 2025. Merrill has sole voting and dispositive power over these shares.
The stake reflects equity awards he has received over time under Beazer Homes’ long-term incentive plans. On November 17, 2025, he was granted a new stock package consisting of a restricted stock award of 65,996 shares vesting over three years, a restricted stock award of 35,424 shares vesting over two years, and a performance stock award of 98,994 shares tied to performance metrics. These awards provide dividend and voting rights during the vesting period, so they are counted in his beneficial ownership.
Beazer Homes USA Inc. (BZH) reported a routine insider equity transaction by its VP & Chief Accounting Officer. On 11/20/2025, 76 shares of common stock were disposed of at $19.92 per share, coded as an "F" transaction, which indicates shares were withheld to cover tax obligations tied to vesting restricted stock. After this withholding, the officer beneficially owns 24,491 shares of Beazer Homes common stock directly. This type of filing reflects administrative share movements related to equity compensation rather than an open-market buy or sell decision.
Beazer Homes USA (BZH) Chairman, President and CEO reported a routine equity transaction involving company common stock. On 11/20/2025, 5,349 shares of Beazer Homes common stock were withheld at a price of $19.92 per share to cover tax withholding obligations associated with the vesting of restricted stock. After this transaction, the reporting person directly beneficially owns 1,385,656 shares of Beazer Homes common stock.
Beazer Homes USA (BZH) senior executive equity update: the company’s SVP and Chief Financial Officer reported a Form 4 transaction dated 11/20/2025. A total of 2,164 shares of common stock were withheld at a price of $19.92 per share to cover tax obligations upon the vesting of restricted stock.
After this tax withholding, the officer reports beneficial ownership of 184,181 shares of Beazer Homes USA common stock held directly, and 1,185 shares held indirectly through a joint account titled David I Goldberg & Susan S. Goldberg JT Ten WROS.
Beazer Homes USA Inc. (BZH) reported an insider equity transaction by its SVP, General Counsel and Corporate Secretary. On 11/20/2025, 73 shares of common stock were withheld in a transaction coded “F,” which indicates shares were retained by the issuer to cover tax withholding obligations upon vesting of restricted stock. After this small tax-related transaction, the officer beneficially owns 22,885 shares of Beazer Homes common stock directly.
Beazer Homes USA (BZH) reported a new equity award to one of its directors. On 11/17/2025, the director acquired 7,199 shares of common stock as a restricted stock award at a stated price of $0, scheduled to vest on the first anniversary of the grant date. Following this grant, the director now beneficially owns 12,250 shares of Beazer Homes common stock directly and an additional 63,423 shares indirectly through The Charles C. Winkle Revocable Trust.
Beazer Homes USA Inc. (BZH) director Juanita Johnson reported receiving a restricted stock award of 7,199 shares of common stock on 11/17/2025. The filing shows the shares were acquired at a stated price of $0, reflecting an equity grant rather than an open-market purchase, and are scheduled to vest on the first anniversary of the grant date. After this transaction, Johnson beneficially owns 41,829 shares directly and 45,000 shares indirectly through The Juanita Johnson Trust, highlighting a meaningful ongoing ownership stake in the company.
Beazer Homes USA Inc. director equity grant: A company director reported receiving a restricted stock award of 7,199 shares of Beazer Homes USA Inc. common stock on 11/17/2025. The filing states that this restricted stock is scheduled to vest on the first anniversary of the grant date, meaning the director must remain in service until that time for the shares to fully vest. Following this award, the director beneficially owns 16,141 shares of Beazer Homes common stock, held directly. The award was reported at a price of $0, reflecting that it is an equity compensation grant rather than an open-market purchase.
Beazer Homes USA Inc. (BZH) reported a change in ownership by one of its directors. On 11/17/2025, the director received a grant of 7,199 shares of common stock as a restricted stock award, with no cash price shown because it is an equity award rather than an open-market purchase. After this grant, the director beneficially owns 16,141 shares of Beazer Homes common stock in direct ownership. The restricted stock is scheduled to vest on the first anniversary of the grant date, meaning the director will gain full rights to the shares after that one-year period, assuming any applicable conditions are satisfied.