Dream Finders (NYSE: DFH) CFO awarded stock while shares withheld for tax

Rhea-AI Filing Summary

Dream Finders Homes, Inc. Senior VP and CFO Lorena Anabel Ramsay reported a mix of restricted stock awards and tax-related share withholdings in Class A common stock. On March 6, 2026, she received two grants of 41,387 and 25,867 shares at $0.00 per share as equity awards.

According to the footnotes, one restricted stock grant will vest in three equal annual installments beginning on March 6, 2027, and the other will vest in five equal annual installments beginning on the same date. Separate transactions on March 5, 6, and 8, 2026, covering 3,044, 3,717, and 8,380 shares at prices between $15.71 and $17.25 per share, were coded as “F” and described as tax-withholding dispositions, where shares were withheld to satisfy tax liabilities rather than sold in open-market trades.

After these transactions, Ramsay directly held 232,484 shares of Dream Finders Homes Class A common stock.

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

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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^*

Ramsay Lorena Anabel

(Last) (First) (Middle)

14701 PHILIPS HIGHWAY

SUITE 300

(Street)

JACKSONVILLE FL 32256

(City) (State) (Zip)

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		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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

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

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

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	03/05/2026		F(1)		3,044	D	$17.25	177,327	D
Class A common stock, par value $0.01 per share	03/06/2026		A		41,387(2)	A	$0	218,714	D
Class A common stock, par value $0.01 per share	03/06/2026		A		25,867(3)	A	$0	244,581	D
Class A common stock, par value $0.01 per share	03/06/2026		F(1)		3,717	D	$16.4	240,864	D
Class A common stock, par value $0.01 per share	03/08/2026		F(1)		8,380	D	$15.71	232,484	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. Withholding of shares upon vesting by the Company to satisfy tax liability.

2. The restricted stock will vest in three equal annual installments beginning on March 6, 2027 and each anniversary thereof.

3. The restricted stock will vest in five equal annual installments beginning on March 6, 2027 and each anniversary thereof.

	/s/ Robert E. Riva by Power of Attorney	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did DFH CFO Lorena Anabel Ramsay report?

Lorena Anabel Ramsay reported restricted stock awards and tax-related share withholdings in Dream Finders Homes Class A common stock. She received two stock grants on March 6, 2026, and had separate tax-withholding dispositions on March 5, 6, and 8, 2026.

How many Dream Finders Homes (DFH) shares were granted to the CFO?

Ramsay was granted 41,387 and 25,867 shares of Class A common stock on March 6, 2026. These grants were reported at a transaction price of $0.00 per share, reflecting equity awards rather than cash purchases in the open market.

How do the DFH restricted stock awards to the CFO vest over time?

One restricted stock award to Ramsay vests in three equal annual installments starting March 6, 2027. The second award vests in five equal annual installments beginning on March 6, 2027, aligning her compensation with longer-term company performance.

Were the DFH CFO’s share disposals open-market sales?

The reported disposals were coded as “F” transactions, meaning tax-withholding dispositions. Shares totaling 3,044, 3,717, and 8,380 were withheld by the company at specified prices to satisfy tax liabilities, not sold through open-market trading.

How many Dream Finders Homes (DFH) shares does the CFO own after these Form 4 transactions?

After the reported awards and tax-withholding dispositions, Ramsay directly held 232,484 shares of Dream Finders Homes Class A common stock. This figure reflects her direct ownership at the conclusion of the most recent reported transaction.

What do transaction codes A and F mean in the DFH CFO’s Form 4?

Code “A” indicates a grant, award, or other acquisition of shares, which in this case were restricted stock awards. Code “F” indicates a tax-withholding disposition, where shares are delivered or withheld to cover exercise price or tax liabilities.