DFH insider sells 56,590 shares of Class A stock

Dream Finders Homes, Inc. insider activity: Major shareholder W. Radford Lovett II reported selling a total of 56,590 shares of Class A common stock on June 24, 2026 in open-market transactions.

Rhea-AI Filing Summary

Dream Finders Homes, Inc. insider activity: Major shareholder W. Radford Lovett II reported selling a total of 56,590 shares of Class A common stock on June 24, 2026 in open-market transactions.

The sales were made indirectly through the W. Radford Lovett II GST Exempt Trust, where he serves as sole trustee. One block of 54,140 shares was sold at a weighted average price of $16.70 per share, with individual sale prices ranging from $16.32 to $16.91. Another block of 2,450 shares was sold at a weighted average price of $16.00, with prices ranging from $15.31 to $16.31. Lovett also reports directly holding 22,349 shares, and his indirect holdings remain in the multi‑million share range.

Insider Trade Summary

Net Seller: 56,590 shares

Net Sell 3 txns

Insider Lovett William Radford II

Role 10% Owner

Sold 56,590 shs ($943K)

Type	Security	Shares	Price	Value
Sale	Class A common stock, par value $0.01 per share	2,450	$16.00	$39K
Sale	Class A common stock, par value $0.01 per share	54,140	$16.70	$904K
holding	Class A common stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Class A common stock, par value $0.01 per share — 3,190,883 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 $15.31 to $16.31. 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 $16.32 to $16.91. 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

Total shares sold: 56,590 shares Block sale size: 54,140 shares Second block size: 2,450 shares +4 more

7 metrics

Total shares sold 56,590 shares Net shares sold on June 24, 2026

Block sale size 54,140 shares Open-market sale at weighted average $16.70

Second block size 2,450 shares Open-market sale at weighted average $16.00

Weighted average price 1 $16.70 per share For 54,140-share sale; individual trades $16.32–$16.91

Weighted average price 2 $16.00 per share For 2,450-share sale; individual trades $15.31–$16.31

Direct holdings 22,349 shares Directly held Class A common stock after reported activity

Net buy/sell direction Net sale of 56,590 shares Form 4 transaction summary for June 24, 2026

Key Terms

weighted average price, open-market sale, indirect ownership, GST Exempt Trust, +1 more

5 terms

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.

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.

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: See Footnote"

GST Exempt Trust financial

"owned directly by the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004."

ten percent owner financial

"is_ten_percent_owner: 1"

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

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Accepted by SEC EDGAR 06/26/2026 - 05:38 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

X

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)
06/24/2026

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	06/24/2026		S		2,450	D	$16(1)	3,245,023	I	See Footnote(2)
Class A common stock, par value $0.01 per share	06/24/2026		S		54,140	D	$16.7(3)	3,190,883	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 $15.31 to $16.31. 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 $16.32 to $16.91. 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	06/26/2026
	** 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)