Dream Finders Homes, Inc. SEC Filings

Patrick O. Zalupski, President, CEO and director of Dream Finders Homes, Inc. (DFH) reported planned stock sales and existing derivative obligations. On 09/15/2025 and 09/16/2025 he sold a total of 21,863 shares of Class A common stock at weighted average prices of approximately $28.54 and $28.27, leaving him with 1,905,909 Class A shares directly held. The filing shows direct ownership of 56,320,586 Class B shares and indirect holdings through POZ Holdings and a trust, and reports that an aggregate of 3,000,000 Class A shares are pledged under prepaid variable forward sale contracts entered in 2024 and 2025. Those contracts permit delivery of shares or cash at settlement depending on future volume-weighted average prices relative to specified floor and cap prices.

Dream Finders Homes insider sale summary: William Radford Lovett II, a director and sole trustee of a family trust, reported multiple sales of Class A common stock on 09/04/2025 and 09/05/2025. The filing shows aggregate disposals of 122,349 shares across four transactions at weighted average prices in specified ranges, with reported per-share weighted-average prices of $28.97, $29.99 and $30.78 for dated sales. After these transactions the reporting person beneficially owns 4,040,883 shares indirectly through the W. Radford Lovett II GST Exempt Trust.

The filing includes price ranges for the sold shares and notes the trustee relationship; no options or derivative transactions are reported.

Dream Finders Homes, Inc. (DFH) insider Patrick O. Zalupski reported multiple dispositions of Class A common stock on September 3-4, 2025, and a pledged position tied to prepaid variable forward contracts covering 3,000,000 Class A shares. The Form 4 lists weighted-average sale prices between approximately $27.14 and $29.21 for the cash sales, and reports remaining beneficial ownership in Class A shares of 1,927,772 shares (direct) and substantial Class B holdings including 56,320,586 shares (direct) plus additional indirect holdings via trust and POZ Holdings, Inc. The prepaid variable forward contracts (entered Aug 14, 2024; Dec 5, 2024; Jun 5, 2025) allow settlement in shares or cash on specified future valuation dates and preserve Mr. Zalupski’s voting and dividend rights while the Pledged Shares remain pledged.

Dream Finders Homes (DFH) notice reports a proposed sale of 100,000 Common Class A shares through Charles Schwab & Co., Inc. on 09/04/2025 with an aggregate market value of $2,901,000 and total shares outstanding listed as 35,155,531. The shares were acquired on 12/30/2014 in a private pre-IPO purchase from Dream Finders Holdings LLC, and the original payment was cash. The filing also discloses multiple sales by a related trustee in July 2025 totaling 303,076 Common Class A shares for gross proceeds reported across several trades. The filer certifies no undisclosed material adverse information and acknowledges legal penalties for misstatement.

Dream Finders Homes, Inc. disclosed a material financing event: the company arranged an offering of debt securities due 2030 (the "2030 Notes") that will be sold in a transaction exempt from registration under the Securities Act. The Initial Purchasers intend to resell the 2030 Notes to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The filing states the 2030 Notes are not registered under U.S. or state securities laws and cannot be offered or sold in the United States absent registration or an applicable exemption. The Purchase Agreement is filed as Exhibit 10.1 and a pricing press release is filed as Exhibit 99.1.

Patrick O. Zalupski, President, CEO and 10% owner of Dream Finders Homes, Inc. (DFH) reported sales of Class A common stock on 08/26/2025 (5,686 shares at a weighted average price of $28.74; prices ranged $28.48–$29.11) and on 08/27/2025 (5,259 shares at a weighted average price of $28.09; prices ranged $27.88–$28.71). After those sales, he directly owned 1,946,898 shares of Class A common stock (including 6,141 shares in a 401(k)). He holds 56,320,586 shares of Class B common stock directly and additional indirect holdings of 809,409 and 596,158 shares through a trust and POZ Holdings, Inc., respectively. Mr. Zalupski disclosed prepaid variable forward sale contracts entered into in 2024 and 2025 that pledge an aggregate of 3,000,000 Class B shares to secure obligations, while he retains dividend and voting rights. The contracts define settlement windows between 2027 and 2029 with specified floor and cap prices that determine the number of shares or cash delivery.