Forestar (NYSE: FOR) director plans sale of 3,000 shares
Rhea-AI Filing Summary
Forestar Group Inc. (FOR) is the issuer of common stock that Lisa H. Jamieson, identified as a director, has filed to sell under Rule 144. The notice lists an intended sale of 3,000 shares of common stock through Charles Schwab & Co., Inc. on the NYSE, with an approximate aggregate market value of $87,750.00.
The shares to be sold were originally acquired through restricted stock lapses tied to equity compensation awards on three dates in 2021, involving 500 shares on March 10, 2,000 shares on August 2, and 500 shares on November 2.
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Key Figures
Shares to be sold: 3,000 shares
Aggregate market value: $87,750.00
Restricted stock lapse 1: 500 shares
+2 more
5 metrics
Shares to be sold
3,000 shares
Common stock proposed to be sold through Charles Schwab & Co., Inc. on the NYSE
Aggregate market value
$87,750.00
Estimated market value of the 3,000 Forestar Group Inc. shares to be sold
Restricted stock lapse 1
500 shares
Equity compensation restricted stock lapse on 03/10/2021
Restricted stock lapse 2
2,000 shares
Equity compensation restricted stock lapse on 08/02/2021
Restricted stock lapse 3
500 shares
Equity compensation restricted stock lapse on 11/02/2021
Key Terms
Rule 144, Restricted Stock Lapse, Equity Compensation
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Lapse financial
"Common | 03/10/2021 | Restricted Stock Lapse | Forestar Group Inc."
Equity Compensation financial
"500 | 03/10/2021 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What does this Form 144 filing mean for Forestar Group Inc. (FOR)?
The filing indicates that director Lisa H. Jamieson intends to sell 3,000 shares of Forestar Group Inc. common stock under Rule 144. It is a required notice of a potential sale, not a confirmation that the sale has already occurred.
What is Rule 144 in relation to this Forestar Group Inc. (FOR) filing?
Rule 144 is an SEC rule governing the resale of restricted or control securities. This notice by Lisa H. Jamieson is required under Rule 144 because she is a director and plans to sell Forestar Group Inc. shares meeting the rule’s thresholds.
AI-generated analysis. How Rhea-AI works. Not financial advice.