[144] Dream Finders Homes, Inc. SEC Filing

Rhea-AI Filing Summary

Dream Finders Homes, Inc. (DFH) has filed a Form 144 indicating that the William Radford Lovett II GST Exempt Trust intends to sell 50,076 Class A common shares through Charles Schwab on or after 24 Jul 2025. Based on the filing’s stated value, the shares are worth roughly $1.40 million. With 35.83 million DFH shares outstanding, the proposed sale represents approximately 0.14 % of the float.

The same trust has already disposed of an aggregate 200,000 DFH shares between 2 Jul 2025 and 22 Jul 2025, generating total gross proceeds of about $5.45 million. All transactions involved Class A common stock and were executed on the NYSE.

While a Form 144 filing does not mandate completion of the trade, continued insider selling after recent sizable dispositions may signal reduced insider conviction and could exert short-term supply pressure on DFH shares.

Positive

• None.

Negative

• Insider trust intends to sell 50,076 DFH shares ($1.4 M) after having already sold 200,000 shares earlier in July, indicating ongoing insider liquidation.
• Combined proposed and recent sales equal roughly 0.7 % of shares outstanding, potentially applying short-term supply pressure to the stock.

Insights

Securities Analyst

TL;DR: Insider trust plans another 50 k-share DFH sale after unloading 200 k shares; signals mild insider bearishness but dilution impact limited.

The filing shows a further intent by the William Radford Lovett II GST Exempt Trust to sell 50,076 DFH shares worth $1.4 million. Coupled with 200,000 shares already sold this month, the total potential disposition equals roughly 0.7 % of outstanding shares. Although the absolute size is modest, serial insider sales can weigh on sentiment and add near-term supply. There is no accompanying operational data, so interpretation hinges solely on trading behavior. Overall impact is slightly negative but unlikely to change the long-term equity story unless selling accelerates.

Corporate Governance Expert

TL;DR: Repeated sales from a trust tied to company insiders raise governance optics but fall within normal Rule 144 limits.

The trust appears affiliated with company leadership, yet the filing confirms no undisclosed adverse information. Form 144 compliance and transparent broker routing mitigate governance risk. However, sustained divestiture could be interpreted by investors as waning insider confidence. Monitoring future filings will be important to assess pattern longevity.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Class A	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	50076	1396870.00	35827866	07/24/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Class A	12/30/2014	Pre-Ipo	Issuer			50076	12/30/2014	Casj

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
William Radford Lovett II GST Exempt Trust 12/28/2004, William Radford Lovett II TTEE C/O 14701 Philips Highway, Suite 300 Jacksonville FL 32256	Common Class A	07/02/2025	50000	1339735.00
William Radford Lovett II GST Exempt Trust 12/28/2004, William Radford Lovett II TTEE C/O 14701 Philips Highway, Suite 300 Jacksonville FL 32256	Common Class A	07/03/2025	50000	1308710.00
William Radford Lovett TT GST Exempt Trust 12/28/2004, William Radford Lovett II TTEE C/O 14701 Philips Highway, Suite 300 Jacksonville FL 32256	Common Class A	07/16/2025	25607	686152.00
William Radford Lovett II GST Exempt Trust 12/28/2004, William Radford Lovett II TTEE C/O 14701 Philips Highway, Suite 300 Jacksonville FL 32256	Common Class A	07/17/2025	22889	621049.00
William Radford Lovett II GST Exempt Trust 12/28/2004, William Radford Lovett II TTEE C/O 14701 Philips Highway, Suite 300 Jacksonville FL 32256	Common Class A	07/18/2025	6512	170802.00
William Radford Lovett II GST Exempt Trust 12/28/2004, William Radford Lovett II TTEE C/O 14701 Philips Highway, Suite 300 Jacksonvilee FL 32256	Comm Class A	07/22/2025	44992	1267375.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Dream Finders Homes (DFH) shares are being proposed for sale in this Form 144?

The filing covers 50,076 Class A common shares.

What is the approximate market value of the 50,076 DFH shares?

The aggregate value listed in the filing is about $1.40 million.

When is the planned sale date for the shares?

The filer lists an approximate sale date of 24 July 2025.

Who is the selling shareholder in this DFH Form 144?

The seller is the William Radford Lovett II GST Exempt Trust with William Radford Lovett II as trustee.

How many DFH shares has the trust sold during the past three months?

It has already sold 200,000 Class A shares between 2 July 2025 and 22 July 2025.

What percentage of DFH’s outstanding shares does the proposed sale represent?

Approximately 0.14 % of the 35.83 million shares outstanding.