Form 4: Forestar Group CFO James Douglas Allen Reports Stock Transactions
SEC Form 4
James Douglas Allen, CFO of Forestar Group Inc., reports the vesting of restricted stock units and subsequent tax withholding, resulting in a net change in his beneficial ownership of common stock.
Summary
- On March 31, 2025, James Douglas Allen, the CFO of Forestar Group Inc., executed transactions involving Forestar Group Inc. common stock.
- Allen vested 4,504 restricted stock units, each representing a contingent right to receive one share of FOR common stock.
- Simultaneously, 911 shares were surrendered to cover withholding tax obligations related to the vested shares.
- Following these transactions, Allen directly owns 48,928 shares of Forestar Group Inc. common stock and 8,504 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Reporting person was granted 22,523 restricted stock units, vesting in five annual installments beginning March 31, 2023. |
| 03/31/2023 | First vesting date of restricted stock units granted on March 31, 2022. |
| 03/31/2025 | Vesting of 4,504 restricted stock units and surrender of 911 shares for tax obligations. |
| 04/01/2024 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Forestar Group Inc., James Douglas Allen, CFO, Stock Transactions, Vesting, Tax Withholding
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