Forestar: George W. Seagraves converts stock grants

The underlying grants vest in three annual installments, beginning October 29, 2026 for the 2025 grant and October 30, 2025 for the 2024 grant.

Available on EDGAR 11/02/2026 - 05:15 PM EST Accepted by SEC EDGAR 11/02/2026 - 05:14 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Forestar Group Inc. director George W. Seagraves converted 998 restricted stock units into common shares on October 29, 2026, and 1,453 units on October 30, 2026. The units came from grants made October 29, 2025, and October 30, 2024, respectively; each grant vests in three annual installments beginning October 29, 2026, and October 30, 2025, respectively. No Rule 10b5-1 plan is reported.

Insider Trade Summary

2,451 shares exercised/converted

Exercise 4 txns

Insider Seagraves George W

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit F1, F3	1,453	$0.00	$0.00
Exercise	Common Stock F1	1,453	$0.00	$0.00
Exercise	Restricted Stock Unit F1, F2	998	$0.00	$0.00
Exercise	Common Stock F1	998	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 3,451 contracts (Direct); Common Stock — 4,654 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.
2. F2. On October 29, 2025, the reporting person was granted 2,995 restricted stock units, vesting in three annual installments beginning October 29, 2026.
3. F3. On October 30, 2024, the reporting person was granted 4,360 restricted stock units, vesting in three annual installments beginning October 30, 2025.

Key Figures

Common shares acquired upon RSU conversion: 998 shares Common shares acquired upon RSU conversion: 1,453 shares Restricted stock units granted: 2,995 units +1 more

4 metrics

Common shares acquired upon RSU conversion 998 shares October 29, 2026

Common shares acquired upon RSU conversion 1,453 shares October 30, 2026

Restricted stock units granted 2,995 units Grant on October 29, 2025

Restricted stock units granted 4,360 units Grant on October 30, 2024

Key Terms

restricted stock unit, contingent right, annual installments

3 terms

restricted stock unit financial

"Each restricted stock unit represents a contingent right"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

contingent right financial

"a contingent right to receive one share of FOR common stock upon vesting"

annual installments financial

"vesting in three annual installments beginning October 29, 2026"

FAQ

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

How many FOR shares did director George W. Seagraves receive from restricted stock units?

George W. Seagraves received 998 common shares on October 29, 2026, and 1,453 common shares on October 30, 2026, through restricted stock unit conversions.

What does one FOR restricted stock unit represent?

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

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

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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^*

Seagraves George W

(Last) (First) (Middle)

2221 E. LAMAR BLVD., SUITE 790

(Street)

ARLINGTON TEXAS 76006

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/29/2026

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
Common Stock	10/29/2026		M		998	A	$0(1)	3,201	D
Common Stock	10/30/2026		M		1,453	A	$0(1)	4,654	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)	10/29/2026		M			998	(2)	(2)	Common Stock	998	$0	1,997	D
Restricted Stock Unit	(1)	10/30/2026		M			1,453	(3)	(3)	Common Stock	1,453	$0	1,454	D

Explanation of Responses:

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

2. On October 29, 2025, the reporting person was granted 2,995 restricted stock units, vesting in three annual installments beginning October 29, 2026.

3. On October 30, 2024, the reporting person was granted 4,360 restricted stock units, vesting in three annual installments beginning October 30, 2025.

Remarks:

	/s/ James D. Allen, Attorney-in-Fact for George W. Seagraves	11/02/2026
	** 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)