Dream Finders Homes (DFH) insider trust sells 21,962 shares around $15
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dream Finders Homes, Inc. insider W. Radford Lovett II reported an open-market sale of 21,962 shares of Class A common stock at a weighted average price of $15.00 per share. The sale was executed through the W. Radford Lovett II GST Exempt Trust, where he serves as sole trustee.
After these transactions, Lovett holds 22,349 shares directly and 3,247,473 shares indirectly through the trust. The footnotes state that the sale prices ranged from $14.75 to $15.61 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,962 shares ($329,430)
Net Sell
2 txns
Insider
Lovett William Radford II
Role
null
Sold
21,962 shs ($329K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock, par value $0.01 per share | 21,962 | $15.00 | $329K |
| holding | Class A common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.01 per share — 3,247,473 shares (Indirect, See Footnote);
Class A common stock, par value $0.01 per share — 22,349 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The prices sold ranged from $14.75 to $15.61. 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. 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.
Key Figures
Shares sold: 21,962 shares
Weighted average sale price: $15.00 per share
Sale price range: $14.75 to $15.61
+3 more
6 metrics
Shares sold
21,962 shares
Open-market sale of Class A common stock
Weighted average sale price
$15.00 per share
Average price for reported sale transactions
Sale price range
$14.75 to $15.61
Range of prices for individual trades in sale
Direct holdings after transaction
22,349 shares
Shares owned directly by Lovett following filing
Indirect holdings after transaction
3,247,473 shares
Shares held by Lovett GST Exempt Trust after sale
Net share change
-21,962 shares
Net buy/sell shares reported in summary
Key Terms
open-market sale, weighted average price, GST Exempt Trust, indirect ownership, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale"
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.
GST Exempt Trust financial
"owned directly by the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004."
indirect ownership financial
"ownership_type: indirect for the trust-held shares."
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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
What insider transaction did DFH’s W. Radford Lovett II report?
He reported an open-market sale of 21,962 shares of Dream Finders Homes Class A common stock. The weighted average sale price was $15.00 per share, with individual trades executed between $14.75 and $15.61 per share.
Was the DFH insider sale described as an open-market transaction?
Yes, the filing classifies the transaction with code S, described as a sale in an open-market or private transaction. It specifies a weighted average price of $15.00 per share and a defined range of execution prices.