Forestar Group CFO Allen updates holdings in Form 4 filing
Rhea-AI Filing Summary
Forestar Group Inc. (FOR) Chief Financial Officer James Douglas Allen reported equity transactions involving company stock. On November 20, 2025, 2,601 restricted stock units converted into the same number of common shares at an exercise price of $0. On the same date, 963 shares were surrendered to the issuer at $23.22 per share to satisfy tax withholding on the vested shares.
After these transactions, Allen directly owned 31,486 shares of Forestar common stock and held 9,918 restricted stock units. The filing notes that the change in beneficial ownership reflects both the current transaction and a correction of an earlier administrative error. The restricted stock units were part of a 13,005-unit grant awarded on November 20, 2024, vesting in five annual installments beginning November 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,601 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,601 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 963 | $23.22 | $22K |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.
- F2. These shares are surrendered to issuer to cover withholding tax obligations of the shares vested on November 20, 2025.
- F3. The reported change in beneficial ownership reflects both the current transaction reported herein and a correction of an inadvertent administrative error in a prior Form 4.
- F4. On November 20, 2024, the reporting person was granted 13,005 restricted stock units, vesting in five annual installments beginning November 20, 2025.
FAQ
What insider transaction did Forestar Group Inc. (FOR) disclose on this Form 4?
What restricted stock unit grant underlies the Forestar (FOR) CFO’s transactions?
How many restricted stock units does the Forestar (FOR) CFO still hold after these transactions?
Does the Forestar (FOR) Form 4 mention any corrections to prior reporting?
What is the relationship of the reporting person to Forestar Group Inc. (FOR)?
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