Form 4: Dream Finders Homes CEO Zalupski Reports Changes in Beneficial Ownership

Patrick O. Zalupski, CEO of Dream Finders Homes, reports changes in his beneficial ownership of Class A and Class B common stock due to tax withholding and trust contributions.

Summary

• On March 8, 2024, Patrick O. Zalupski, the President and CEO of Dream Finders Homes, reported changes in his beneficial ownership of the company's stock.
• The changes include the withholding of 48,348 Class A common stock shares to satisfy tax liability at a price of $37.86 per share.
• Following the transaction, Zalupski directly owns 1,682,452 shares of Class A common stock, which includes 8,990 shares held in a 401(k) account.
• He also directly owns 57,820,586 shares of Class B common stock.
• Additionally, he indirectly owns 809,409 shares of Class B common stock through a trust for his children and 596,158 shares through POZ Holdings, Inc.
• Each share of Class B Common Stock is convertible at the option of the reporting person into one share of Class A Common Stock of Dream Finders Homes, Inc. and has no expiration date.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax-related stock withholding.

Key Dates