Forestar Group (NYSE: FOR) chair reports 20,255 RSU grant, 756-share vest

Rhea-AI Filing Summary

Forestar Group Inc. Executive Chairman and Director Donald J. Tomnitz reported equity award activity involving company stock. On 12/01/2025, 756 shares of common stock were acquired at $0 upon the vesting and settlement of restricted stock units, and 756 shares were then surrendered at $25.57 to the issuer to cover tax withholding obligations. These transactions relate to a grant of 20,255 restricted stock units awarded on October 29, 2025. After the reported transactions, Tomnitz directly owned 128,515 shares of common stock and 19,499 restricted stock units.

Insider Trade Summary

756 shares exercised/converted

Mixed 3 txns

Insider TOMNITZ DONALD J

Role Executive Chairman

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	756	$0.00	--
Exercise	Common Stock	756	$0.00	--
Tax Withholding	Common Stock	756	$25.57	$19K

Holdings After Transaction: Restricted Stock Unit — 19,499 shares (Direct); Common Stock — 129,271 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting. These shares were surrendered to issuer to cover withholding tax obligations of the 20,255 restricted stock units awarded October 29, 2025. Represents common stock acquired by the vesting of a portion of the 20,255 restricted stock units awarded October 29, 2025, to cover withholding tax obligations. On October 29,2025 the reporting person was granted 20,255 restricted stock units.

Form 4 Insider Transactions: What Each Field Means →

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^*

TOMNITZ DONALD J

(Last) (First) (Middle)

2221 E. LAMAR BLVD.

SUITE 790

(Street)

ARLINGTON TX 76006

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Forestar Group Inc. [ FOR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

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
Common Stock	12/01/2025		M		756	A	$0(1)	129,271	D
Common Stock	12/01/2025		F(2)		756	D	$25.57	128,515	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
Restricted Stock Unit	(1)	12/01/2025		M			756(3)	(4)	(4)	Common Stock	756	$0	19,499	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.

2. These shares were surrendered to issuer to cover withholding tax obligations of the 20,255 restricted stock units awarded October 29, 2025.

3. Represents common stock acquired by the vesting of a portion of the 20,255 restricted stock units awarded October 29, 2025, to cover withholding tax obligations.

4. On October 29,2025 the reporting person was granted 20,255 restricted stock units.

Remarks:

	/s/ Ashley Dagley, Attorney-in-fact for Donald J. Tomnitz	12/03/2025
	** 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.

FAQ

What insider transaction did Forestar Group Inc. (FOR) report?

Forestar Group Inc. reported that Executive Chairman and Director Donald J. Tomnitz acquired 756 shares of common stock through the settlement of restricted stock units on 12/01/2025, and surrendered 756 shares to the issuer to cover tax withholding.

What price was used for the Forestar (FOR) shares surrendered for taxes?

The 756 shares of Forestar common stock surrendered to cover tax withholding obligations were valued at $25.57 per share.

How many Forestar (FOR) shares does Donald J. Tomnitz own after the transaction?

Following the reported transactions, Donald J. Tomnitz beneficially owned 128,515 shares of Forestar Group Inc. common stock directly.

How many restricted stock units does the Forestar (FOR) insider hold after this filing?

After the activity on 12/01/2025, Donald J. Tomnitz held 19,499 restricted stock units, each representing a contingent right to receive one share of Forestar common stock upon vesting.

What is the size of the RSU grant reported by Forestar Group Inc. (FOR)?

On October 29, 2025, Donald J. Tomnitz was granted 20,255 restricted stock units, which are subject to vesting conditions and settlement in Forestar common stock.

Why were some Forestar (FOR) shares surrendered by the insider?

The 756 shares surrendered to the issuer were used to cover withholding tax obligations arising from the vesting and settlement of a portion of the 20,255 restricted stock units granted on October 29, 2025.