Keith L. Belknap Jr - May 6, 2024 Form 4 Insider Report for BEAZER HOMES USA INC (BZH)

Signature
/s/ Kristi O. Crawford, Attorney-in-Fact
Stock symbol
BZH
Transactions as of
May 6, 2024
Transactions value $
-$837,880
Form type
4
Date filed
5/8/2024, 04:12 PM
Previous filing
Nov 21, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZH Common Stock Sale -$425K -15K -7.12% $28.31 196K May 6, 2024 Direct F1, F2
transaction BZH Common Stock Sale -$413K -14.2K -7.26% $29.07 182K May 7, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.53, inclusive. The reporting person undertakes to provide to Beazer Homes USA, Inc, (the "Corporation"), any security holder of the Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 5, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.24, inclusive.