Donald J. Tomnitz - 21 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
21 Mar 2024
Net transactions value
-$187,072
Form type
4
Filing time
25 Mar 2024, 16:11:26 UTC
Previous filing
19 Mar 2024
Next filing
01 Apr 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 +13,550 +15% $0.000000 104,289 21 Mar 2024 Direct F1
transaction FOR Common Stock Tax liability $187,072 -5,014 -4.8% $37.31 99,275 21 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 -13,550 -35% $0.000000 25,583 21 Mar 2024 Common Stock 13,550 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 21, 2024.
F3 On March 21, 2023, the reporting person was granted 40,650 restricted stock units, vesting in three annual installments beginning March 21, 2024.