DFH insider sells 21,962 shares at $15 each

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.

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.

Insider Trade Summary

Net Seller: 21,962 shares

Net Sell 2 txns

Insider Lovett William Radford II

Role 10% Owner

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)

Footnotes (2)

1. F1. 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.
2. 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.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

At what prices were the DFH shares sold by the Lovett trust?

The shares were sold at a weighted average price of $15.00 per share. According to the footnote, individual sale prices ranged from $14.75 to $15.61, with full trade-by-trade details available upon request from the reporting person.

How many DFH shares does Lovett hold directly after the reported sale?

Following the reported transactions, Lovett holds 22,349 shares of Dream Finders Homes Class A common stock directly. This figure is shown as the total number of shares owned directly after the transaction in the holding entry.

How many DFH shares are held indirectly through the Lovett GST Exempt Trust?

After the sale, the W. Radford Lovett II GST Exempt Trust holds 3,247,473 shares of Dream Finders Homes Class A common stock indirectly. Lovett is identified as the sole trustee of this trust, which owns these shares directly.

Who actually owns the DFH shares involved in the reported sale?

The sold shares are owned directly by the W. Radford Lovett II GST Exempt Trust under an agreement dated 12/28/2004. Lovett is the sole trustee of this trust, and the Form 4 attributes the indirect ownership and sale to that trust.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 05:15 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lovett William Radford II

(Last) (First) (Middle)

14701 PHILIPS HIGHWAY

SUITE 300

(Street)

JACKSONVILLE FLORIDA 32256

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Dream Finders Homes, Inc. [ DFH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock, par value $0.01 per share	06/22/2026		S		21,962	D	$15(1)	3,247,473	I	See Footnote(2)
Class A common stock, par value $0.01 per share								22,349	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

	/s/ Robert E. Riva, Jr. by Power of Attorney	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)