Lovett-linked trust sells 130K Dream Finders shares
Dream Finders Homes major holder reports share sales through a trust.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Dream Finders Homes major holder reports share sales through a trust. An entity associated with W. Radford Lovett II, the W. Radford Lovett II GST Exempt Trust for which he is sole trustee, sold 45,544 Class A common shares at a weighted average price of $15.21 and 85,057 shares at $15.52 in open-market transactions. After these sales, the trust holds 3,269,435 shares indirectly, while Lovett also holds 22,349 shares directly.
Insider Trade Summary
Net Seller: 130,601 shares
Net Sell
3 txns
Insider
Lovett William Radford II
Role
10% Owner
Sold
130,601 shs ($2.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock, par value $0.01 per share | 85,057 | $15.52 | $1.32M |
| Sale | Class A common stock, par value $0.01 per share | 45,544 | $15.21 | $693K |
| holding | Class A common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.01 per share — 3,269,435 shares (Indirect, See Footnote);
Class A common stock, par value $0.01 per share — 22,349 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. The prices sold ranged from $14.75 to $15.52. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.
- F2. Such shares of Class A Common Stock are owned directly by the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004. The reporting person is the sole trustee of the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004.
- F3. The price reported in Column 4 is a weighted average price. The prices sold ranged from $15.28 to $15.90. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.
Key Figures
Shares sold June 18, 2026: 85,057 shares at $15.52
Shares sold June 17, 2026: 45,544 shares at $15.21
Total shares sold: 130,601 shares
+4 more
7 metrics
Shares sold June 18, 2026
85,057 shares at $15.52
Open-market sale by Lovett-related trust
Shares sold June 17, 2026
45,544 shares at $15.21
Open-market sale by Lovett-related trust
Total shares sold
130,601 shares
Net insider selling across two transactions
Indirect holdings after sales
3,269,435 shares
Trust holdings following June 18, 2026 sale
Direct holdings
22,349 shares
Lovett direct ownership as of June 17, 2026
Price range June 18 sale
$14.75–$15.52
Weighted average price footnote for one sale
Price range June 17 sale
$15.28–$15.90
Weighted average price footnote for other sale
Key Terms
open-market sale, weighted average price, indirect ownership, GST Exempt Trust, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale of Class A common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"total_shares_following_transaction ... direct_or_indirect: I, ownership_type: indirect"
GST Exempt Trust financial
"owned directly by the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): reporting persons and transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did DFH major holder W. Radford Lovett II report?
W. Radford Lovett II reported two open-market sales of Dream Finders Homes Class A common stock. A trust for which he is sole trustee sold 45,544 shares at $15.21 and 85,057 shares at $15.52, totaling 130,601 shares sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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