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

A Beazer Homes USA Inc. executive, Pei Sun, sold 174 shares of common stock to cover tax obligations related to the vesting of restricted stock.

Summary

• Pei Sun, VP & Chief Accounting Officer at Beazer Homes USA Inc., sold 174 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 arising from the vesting of restricted stock.
• Following the transaction, Pei Sun directly owns 17,330 shares of Beazer Homes USA Inc. common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, not indicative of any positive or negative sentiment towards the company's performance.

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

• Similar transactions are common across the industry for executives receiving stock-based compensation.
• Companies like Lennar, D.R. Horton, and PulteGroup also see similar transactions from their executives.

Stakeholder Impact

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

Key Dates

Keywords

Beazer Homes USA Inc., Pei Sun, stock sale, insider trading, tax obligations, restricted stock, executive compensation