Dream Finders insider sells 137K DFH shares

Dream Finders Homes, Inc. 10% owner William Radford Lovett II reported open-market sales of Class A common stock executed through the W. Radford Lovett II GST Exempt Trust, where he is sole trustee.

Rhea-AI Filing Summary

Dream Finders Homes, Inc. 10% owner William Radford Lovett II reported open-market sales of Class A common stock executed through the W. Radford Lovett II GST Exempt Trust, where he is sole trustee. The trust sold 60,828 shares on June 11, 2026 at a weighted average price of $14.56 per share, with individual prices ranging from $14.15 to $15.13. It then sold 76,428 shares on June 12, 2026 at a weighted average price of $15.17, with prices ranging from $14.98 to $15.48. Following these transactions, the trust held 3,503,627 shares indirectly, while Lovett also held 22,349 shares directly as of June 11.

Insider Trade Summary

Net Seller: 137,256 shares

Net Sell 3 txns

Insider Lovett William Radford II

Role 10% Owner

Sold 137,256 shs ($2.05M)

Type	Security	Shares	Price	Value
Sale	Class A common stock, par value $0.01 per share	76,428	$15.17	$1.16M
Sale	Class A common stock, par value $0.01 per share	60,828	$14.56	$886K
holding	Class A common stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Class A common stock, par value $0.01 per share — 3,503,627 shares (Indirect, See Footnote); Class A common stock, par value $0.01 per share — 22,349 shares (Direct)

Footnotes (3)

1. F1. The price reported in Column 4 is a weighted average price. The prices sold ranged from $14.15 to $15.13. 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.
3. F3. The price reported in Column 4 is a weighted average price. The prices sold ranged from $14.98 to $15.48. 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 11, 2026: 60,828 shares Price June 11 range: $14.15–$15.13 Shares sold June 12, 2026: 76,428 shares +4 more

7 metrics

Shares sold June 11, 2026 60,828 shares Open-market sale at weighted average $14.56 per share

Price June 11 range $14.15–$15.13 Range of prices for June 11, 2026 weighted-average sale

Shares sold June 12, 2026 76,428 shares Open-market sale at weighted average $15.17 per share

Price June 12 range $14.98–$15.48 Range of prices for June 12, 2026 weighted-average sale

Total shares sold 137,256 shares Aggregate of reported open-market sales

Indirect holdings after June 12 3,503,627 shares Class A common stock held by GST Exempt Trust

Direct holdings as of June 11 22,349 shares Directly held Class A common stock

Key Terms

open-market sale, weighted average price, indirect ownership, Class A common stock, +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.

indirect ownership financial

""direct_or_indirect": "I","nature_of_ownership": "See Footnote""

Class A common stock financial

"security_title": "Class A common stock, par value $0.01 per share""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

ten percent owner regulatory

""is_ten_percent_owner": 1"

FAQ

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

What insider transactions did DFH major shareholder William Radford Lovett II report?

William Radford Lovett II reported two open-market sales of Dream Finders Homes Class A common stock on June 11 and 12, 2026, totaling 137,256 shares. The trades were executed through a trust where he serves as sole trustee.

How many DFH shares did the Lovett trust sell and at what prices?

The Lovett trust sold 60,828 DFH shares on June 11, 2026 at a weighted average price of $14.56, and 76,428 shares on June 12, 2026 at a weighted average price of $15.17, according to the Form 4 disclosure.

What are William Radford Lovett II’s remaining DFH holdings after these sales?

After the reported sales, the W. Radford Lovett II GST Exempt Trust held 3,503,627 DFH shares indirectly. The filing also shows Lovett with a separate direct holding of 22,349 shares of Dream Finders Homes Class A common stock as of June 11, 2026.

How were the DFH sale prices for Lovett’s transactions reported in the filing?

Each DFH sale was reported using a weighted average price. For June 11, 2026, prices ranged from $14.15 to $15.13, and for June 12, 2026, prices ranged from $14.98 to $15.48, with detailed breakdowns available on request.

Were Lovett’s DFH shares sold directly or through another entity?

The DFH shares sold were held indirectly through the W. Radford Lovett II GST Exempt Trust. The filing states that this trust owns the Class A shares directly, and Lovett serves as its sole trustee, reflecting indirect beneficial ownership.

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

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Accepted by SEC EDGAR 06/15/2026 - 05:35 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)
06/11/2026

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	06/11/2026		S		60,828	D	$14.56(1)	3,580,055	I	See Footnote(2)
Class A common stock, par value $0.01 per share	06/12/2026		S		76,428	D	$15.17(3)	3,503,627	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 $14.15 to $15.13. 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.

3. The price reported in Column 4 is a weighted average price. The prices sold ranged from $14.98 to $15.48. 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.

	/s/ Robert E. Riva, Jr. by Power of Attorney	06/15/2026
	** 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)