Form 4: Forestar Group Inc. CFO James Douglas Allen Reports Stock Transactions
SEC Form 4 Filing
James Douglas Allen, CFO of Forestar Group Inc., reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership.
Summary
- On March 18, 2025, James Douglas Allen, the CFO of Forestar Group Inc., had 2,519 restricted stock units vest.
- These units converted into shares of FOR common stock.
- Allen surrendered 555 shares to cover withholding tax obligations at a price of $21.9 per share.
- Following these transactions, Allen directly owns 39,556 shares of Forestar Group Inc.
- He also owns 2,330 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and stock ownership. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock-based compensation and related tax obligations.
Stakeholder Impact
- Shareholders are informed about the CFO's stock ownership and transactions.
- The company's equity structure is slightly affected by the vesting and subsequent tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/18/2021 | Reporting person was granted 12,594 restricted stock units, vesting in five annual installments beginning March 18, 2022. |
| 03/18/2022 | First vesting date of restricted stock units granted on March 18, 2021. |
| 03/18/2025 | Vesting of 2,519 restricted stock units and subsequent tax withholding. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Forestar Group Inc., James Douglas Allen, CFO, Stock Transactions, Vesting, Tax Withholding
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