Donald J. Tomnitz - 18 Mar 2024 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Executive Chairman, Director
Signature
/s/ Ashley Dagley, Attorney-in-fact for Donald J. Tomnitz
Issuer symbol
FOR
Transactions as of
18 Mar 2024
Net transactions value
-$82,294
Form type
4
Filing time
19 Mar 2024, 16:10:35 UTC
Previous filing
05 Dec 2023
Next filing
25 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +6,214 +7.2% $0.000000 93,039 18 Mar 2024 Direct F1
transaction FOR Common Stock Tax liability $82,294 -2,300 -2.5% $35.78 90,739 18 Mar 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FOR Restricted Stock Unit Options Exercise $0 -6,214 -100% $0.000000* 0 18 Mar 2024 Common Stock 6,214 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 March 18, 2024.
F3 On March 18, 2021, the reporting person was granted 20,991 restricted stock units, vesting in three annual installments beginning March 18, 2022.