Dream Finders director buys 1,500 shares at $13.47

Dream Finders Homes director Len Sturm increased his direct DFH holdings with an open-market purchase.

Rhea-AI Filing Summary

Dream Finders Homes, Inc. (DFH) director Len Sturm purchased Class A common stock in the open market. On September 3, 2026, he bought 1,500 shares at a weighted average price of $13.47 per share, within a range of $13.33 to $13.60, bringing his direct holdings to 30,728 shares. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 1,500 shares

Net Buy 1 txn

Insider Sturm Len

Role Director

Bought 1,500 shs ($20K)

Type	Security	Shares	Price	Value
Purchase	Class A common stock, par value $0.01 per share F1	1,500	$13.47	$20K

Holdings After Transaction: Class A common stock, par value $0.01 per share — 30,728 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. The prices purchased ranged from $13.33 to $13.60. 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 purchased at each separate price within the range.

Key Figures

Shares purchased: 1,500 shares Weighted average purchase price: $13.47 per share Share price range: $13.33 to $13.60 per share +1 more

4 metrics

Shares purchased 1,500 shares Open-market purchase on September 3, 2026

Weighted average purchase price $13.47 per share Class A common stock, purchases between $13.33 and $13.60

Share price range $13.33 to $13.60 per share Range of prices at which the 1,500 shares were purchased

Holdings after transaction 30,728 shares Direct ownership of Len Sturm following the September 3, 2026 purchase

Key Terms

weighted average price, Rule 10b5-1, Class A common stock

3 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.

Rule 10b5-1 regulatory

"The filing’s Rule 10b5-1 checkbox is unchecked, indicating no plan."

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Class A common stock financial

"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.

FAQ

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

What insider transaction did DFH director Len Sturm report on this Form 4?

Len Sturm reported a purchase of 1,500 shares of Dream Finders Homes Class A common stock on September 3, 2026 in an open-market transaction.

At what price did Len Sturm buy DFH shares?

The reported price is a weighted average of $13.47 per share. The individual trade prices ranged from $13.33 to $13.60, as disclosed in the footnote.

How many DFH shares does Len Sturm hold after this transaction?

After the reported purchase, Len Sturm directly holds 30,728 shares of Dream Finders Homes Class A common stock.

Was Len Sturm’s DFH stock purchase made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no footnote stating that the transaction was made under a Rule 10b5-1 trading plan.

What does the footnote in Len Sturm’s DFH Form 4 say about the share price?

The footnote states that the $13.47 figure is a weighted average price, with purchases between $13.33 and $13.60. It also states Sturm will provide full trade-by-trade pricing information upon request.

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

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Available on EDGAR 09/04/2026 - 05:08 PM EDT Accepted by SEC EDGAR 09/04/2026 - 05:07 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^*

Sturm Len

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026

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	09/03/2026		P		1,500	A	$13.47(1)	30,728	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 purchased ranged from $13.33 to $13.60. 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 purchased at each separate price within the range.

	/s/ John Wolfel by Power of Attorney	09/04/2026
	** 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)