Welcome to our dedicated page for Forestar Group SEC filings (Ticker: FOR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Forestar Group Inc. (NYSE: FOR) files a range of documents with the U.S. Securities and Exchange Commission that describe its residential lot development business, financial performance and governance. As a national residential lot developer based in Arlington, Texas and a majority-owned subsidiary of D.R. Horton, Forestar uses its SEC filings to report consolidated revenues, pre-tax income, net income, residential lots sold, lot position, leverage and liquidity measures.
On this page, you can review Forestar’s periodic reports and current reports, along with proxy materials and other disclosures. Annual reports on Form 10-K and quarterly reports on Form 10-Q provide detailed financial statements and segment information for the company’s single real estate segment focused on residential lot development. These filings explain how Forestar acquires land, develops residential communities by installing infrastructure and generates revenue from lot sales, tract sales and related activities.
Current reports on Form 8-K include earnings releases that summarize quarterly and annual results, including revenues, pre-tax income, net income, residential lots sold, owned and controlled lot positions, contracted future revenue and measures such as return on equity and book value per share. Proxy statements on Schedule 14A describe the company’s corporate governance structure, board composition, executive compensation, related party transactions, stockholder’s agreement, master supply agreement, shared services agreement and tax sharing agreement.
Stock Titan enhances these filings with AI-powered summaries that highlight key figures, trends and disclosures, helping readers interpret complex documents more quickly. Real-time updates from the SEC’s EDGAR system ensure that new Forms 10-K, 10-Q, 8-K, proxy statements and other filings for FOR are available as they are submitted. Users can also review information relevant to insider activity and equity compensation as described in the company’s proxy materials and related tables.
Forestar Group Inc. Chief Operating Officer Mark Stephen Walker exercised 4,065 restricted stock units, receiving an equal number of common shares at no exercise price. Each unit converts into one share upon vesting.
To cover withholding taxes on the March 21, 2026 vesting, 1,946 common shares were surrendered back to the company at $24.29 per share. After these transactions, Walker directly holds 24,182 shares of common stock and 8,130 restricted stock units.
Forestar Group Inc. Chief Financial Officer James Douglas Allen exercised 5,420 restricted stock units into an equal number of common shares on March 21, 2026. Each restricted stock unit represents a contingent right to receive one share of Forestar common stock upon vesting.
To cover withholding tax obligations on the shares that vested on March 21, 2026, 2,006 common shares were surrendered to the issuer at $24.29 per share. After these transactions, Allen directly holds 36,367 shares of common stock and 10,031 restricted stock units.
Forestar Group Inc.'s Executive Chairman Donald J. Tomnitz reported routine equity compensation activity involving restricted stock units and common stock. On March 21, 2026, he exercised 12,033 restricted stock units, receiving 12,033 shares of common stock at a stated price of $0.00 per share. To cover withholding tax obligations for the vested shares, 4,453 common shares were surrendered back to the issuer at $24.29 per share. After these transactions, Tomnitz directly holds 136,095 shares of Forestar common stock. The restricted stock units stem from a grant of 40,650 units awarded on March 21, 2023, vesting in three annual installments beginning March 21, 2024.
Forestar Group Inc. director Elizabeth Parmer reported an exercise of restricted stock units that converted into 1,096 shares of common stock on March 21, 2026. These units were part of a 3,286-unit grant awarded on March 21, 2023, vesting in three annual installments. After this vesting and conversion, Parmer directly holds 5,846 common shares. The transaction reflects routine equity compensation vesting, with no reported open-market purchases or sales.
Forestar Group Inc. director Lisa H. Jamieson exercised restricted stock units into common shares. On March 21, 2026, 1,096 restricted stock units converted into 1,096 shares of Forestar common stock at a stated price of $0.00 per share. Following the transaction, she directly holds 25,705 common shares. The units come from a March 21, 2023 grant of 3,286 restricted stock units that vest in three annual installments beginning March 21, 2024, reflecting routine equity-based compensation rather than open-market buying or selling.
Forestar Group Inc. director Samuel R. Fuller exercised restricted stock units into common shares. On March 21, he converted 1,096 restricted stock units into 1,096 shares of Forestar common stock at a stated price of $0.00 per share.
Following this derivative exercise, Fuller directly holds 31,205 shares of Forestar common stock. The restricted stock units were part of a 3,286-unit grant awarded on March 21, 2023, which vests in three annual installments beginning March 21, 2024.
Forestar Group Inc. Chief Financial Officer James Douglas Allen exercised restricted stock units that vested into common stock and used a portion of the shares to cover taxes. On March 18, 2026, 2,330 restricted stock units converted into 2,330 shares of common stock.
Of these shares, 863 were surrendered to the issuer at $24.73 per share to satisfy withholding tax obligations tied to the vesting. Following these routine compensation-related transactions, Allen directly holds 32,953 shares of Forestar Group common stock.
Forestar Group Inc. Chief Operating Officer Mark Stephen Walker exercised previously granted restricted stock units that converted into 1,554 shares of common stock on March 18, 2026. A portion of these vested shares, 775 shares valued at $24.73 per share, was surrendered back to the company to cover withholding tax obligations rather than being sold on the open market. Following these compensation-related transactions, Walker directly holds 22,063 shares of Forestar common stock. The filing indicates this exercise represented the remaining derivatives tied to this award, originally granted as 7,770 restricted stock units vesting annually beginning March 18, 2022.
Forestar Group Inc. director Elizabeth Parmer exercised 2,000 restricted stock units on March 1, 2026, converting them into 2,000 shares of common stock at a stated price of $0.00 per share. After the transaction, she directly owns 4,750 common shares. The units were part of a 6,000-unit grant made on March 21, 2023 that vests in three annual installments beginning March 1, 2024.
Forestar Group Inc. reported modestly higher revenue but slightly lower profit for the quarter ended December 31, 2025. Revenues rose 9% to $273.0 million from $250.4 million, as higher pricing and more tract and other sales offset fewer lot closings. Net income slipped to $15.4 million from $16.5 million, with diluted EPS at $0.30 versus $0.32. Pre-tax margin narrowed to 7.6% from 8.7% as cost of sales increased with revenue.
The company sold 1,944 lots in the quarter, down from 2,333 a year earlier, but the average sales price per lot increased 15% to $121,000. Forestar ended the period with 101,000 lots owned and controlled, including 65,600 owned lots, and no impairments were recorded on its real estate. Liquidity remained strong, with $211.7 million in cash, no borrowings on the $665 million revolver and $607.6 million of availability, alongside $793.2 million of senior notes and a debt-to-capital ratio of 30.8%.