11.1% stake reported in Dream Finders Homes (NYSE: DFH)

Rhea-AI Filing Summary

Dream Finders Homes investor updates large ownership stake. Lovett William Radford reports beneficial ownership of 3,884,974 shares of Class A Common Stock of Finders Homes, Inc., representing 11.1% of the class, based on 35,028,565 shares outstanding as of October 23, 2025.

The total includes 3,862,625 shares held by the W. Radford Lovett II GST Exempt Trust dated December 28, 2004, where Radford serves as sole trustee and disclaims beneficial ownership except for any pecuniary interest. He reports sole voting and dispositive power over all 3,884,974 shares and no shared power.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

DREAM FINDERS HOMES, INC.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

26154D100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 26154D100

1

Names of Reporting Persons

Lovett William Radford II

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,884,974.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,884,974.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,884,974.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

11.1 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: *Includes 3,862,625 shares of Class A Common Stock 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 and disclaims beneficial ownership of such shares except to the extent of any pecuniary interest in such trust. ** Percent of class is calculated based on 35,028,565 shares of Class A Common Stock of the Issuer outstanding as of October 23, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: DREAM FINDERS HOMES, INC.
(b)	Address of issuer's principal executive offices: 14701 Philips Highway, Suite 300, Jacksonville, Florida, 32256
Item 2.
(a)	Name of person filing: Lovett William Radford II
(b)	Address or principal business office or, if none, residence: The business address is c/o Dream Finders Homes, Inc. 14701 Philips Highway, Suite 300, Jacksonville, Florida 32256.
(c)	Citizenship: Mr. Lovett is a United States citizen.
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: 26154D100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,884,974 shares of Class A Common Stock. The amount includes 3,862,625 shares of Class A Common Stock 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 and disclaims beneficial ownership of such shares except to the extent of any pecuniary interest in such trust.
(b)	Percent of class: 11.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3,884,974
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3,884,974
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Lovett William Radford II

Signature:	/s/ Lovett William Radford II
Name/Title:	Lovett William Radford II
Date:	02/11/2026

FAQ

What ownership stake does Lovett William Radford report in DFH Class A shares?

Lovett William Radford reports beneficial ownership of 3,884,974 Class A Common shares, or 11.1% of the class. This percentage is calculated against 35,028,565 Dream Finders Homes Class A shares outstanding as of October 23, 2025, indicating a significant individual shareholder position.

How many DFH shares are held through the W. Radford Lovett II GST Exempt Trust?

The filing states that 3,862,625 Class A Common shares are owned directly by the W. Radford Lovett II GST Exempt Trust dated December 28, 2004. Lovett is the sole trustee of this trust and disclaims beneficial ownership of those shares, except to the extent of any pecuniary interest.

What voting and dispositive power does Lovett William Radford report over DFH shares?

Lovett William Radford reports sole voting power over 3,884,974 Class A Common shares and no shared voting power. He also reports sole dispositive power over the same 3,884,974 shares, with no shared dispositive power, indicating individual control over voting and disposition decisions for this reported block.

What type of SEC filing did Lovett William Radford submit for DFH?

He submitted Amendment No. 5 to a Schedule 13G, which updates his beneficial ownership in Dream Finders Homes’ Class A Common Stock. Schedule 13G is used by certain large shareholders to report holdings when they are not pursuing control of the issuer’s business.

Does Lovett William Radford report owning DFH shares on behalf of other persons or groups?

The filing indicates that items concerning ownership on behalf of another person, group membership, and group dissolution are each marked not applicable. This means he does not report being part of a group or holding more than five percent on behalf of another person in this Schedule 13G/A.