Donald J. Tomnitz - Nov 29, 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
Nov 29, 2024
Transactions value $
-$38,775
Form type
4
Date filed
12/3/2024, 02:35 PM
Previous filing
Nov 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +557 +0.52% $0.00 107K Nov 29, 2024 Direct F1
transaction FOR Common Stock Options Exercise $0 +742 +0.69% $0.00 108K Nov 29, 2024 Direct F1
transaction FOR Common Stock Tax liability -$38.8K -1.3K -1.21% $29.85 106K Nov 29, 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 -557 -3.73% $0.00 14.4K Nov 29, 2024 Common Stock 557 Direct F1, F3, F4
transaction FOR Restricted Stock Unit Options Exercise $0 -742 -3.73% $0.00 19.1K Nov 29, 2024 Common Stock 742 Direct F1, F5, F6
* 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 were surrendered to issuer to cover withholding tax obligations of the 14,930 restricted stock units awarded March 28, 2024, and the 19,890 restricted stock units awarded November 20, 2024.
F3 Represents common stock acquired by the vesting of a portion of the 14,930 restricted stock units awarded March 28, 2024 to cover withholding tax obligations.
F4 On March 28, 2024, the reporting person was granted 14,930 restricted stock units.
F5 Represents common stock acquired by the vesting of a portion of the 19,890 restricted stock units awarded November 20, 2024, to cover withholding tax obligations.
F6 On November 20, 2024, the reporting person was granted 19,890 restricted stock units.