Donald J. Tomnitz - Mar 21, 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
Stock symbol
FOR
Transactions as of
Mar 21, 2024
Transactions value $
-$187,072
Form type
4
Date filed
3/25/2024, 04:11 PM
Previous filing
Mar 19, 2024
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +13.6K +14.93% $0.00 104K Mar 21, 2024 Direct F1
transaction FOR Common Stock Tax liability -$187K -5.01K -4.81% $37.31 99.3K Mar 21, 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 -13.6K -34.63% $0.00 25.6K Mar 21, 2024 Common Stock 13.6K 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.