Form 4: Beazer Homes USA Inc. CFO Sells Shares to Cover Tax Obligations

David I. Goldberg, SVP and CFO of Beazer Homes USA Inc., sold 4,243 shares of common stock to cover tax obligations related to vesting restricted stock.

Summary

• David I. Goldberg, the Senior Vice President and Chief Financial Officer of Beazer Homes USA Inc., sold 4,243 shares of common stock on November 14, 2024.
• The sale was executed at a price of $34.63 per share.
• This transaction was to cover tax withholding obligations related to the vesting of restricted stock.
• Following the transaction, Mr. Goldberg directly owns 126,761 shares of common stock.
• He also indirectly owns 1,185 shares through a joint account.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock vests.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• The number of shares sold and the price are within the typical range for such transactions.
• Similar transactions are regularly reported by executives at other homebuilding companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale for tax purposes.

Key Dates

Keywords

Beazer Homes, David I. Goldberg, stock sale, insider trading, Form 4, tax obligations, restricted stock, executive compensation