Mark Stephen Walker - 20 Nov 2025 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Chief Operating Officer
Signature
/s/ Ashley Dagley, Attorney-in-fact for Mark Stephen Walker
Issuer symbol
FOR
Transactions as of
20 Nov 2025
Net transactions value
-$36,641
Form type
4
Filing time
24 Nov 2025, 16:13:42 UTC
Previous filing
30 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Walker Mark Stephen Chief Operating Officer 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON /s/ Ashley Dagley, Attorney-in-fact for Mark Stephen Walker 24 Nov 2025 0001948889

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +3,542 +18% $0.000000 22,862 20 Nov 2025 Direct F1
transaction FOR Common Stock Tax liability $36,641 -1,578 -6.9% $23.22 21,284 20 Nov 2025 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 -5,880 -29% $0.000000 14,168 20 Nov 2025 Common Stock 5,880 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 converts into 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 November 20, 2025.
F3 On November 20, 2024, the reporting person was granted 17,710 restricted stock units, vesting in five annual installments beginning November 20, 2025.