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.
Summary
- On March 21, 2025, James Douglas Allen, the CFO of Forestar Group Inc., reported transactions involving Forestar Group Inc. common stock.
- Specifically, 5,420 restricted stock units vested, converting into common stock.
- Allen surrendered 1,193 shares to cover withholding tax obligations at a price of $21.73 per share.
- Following these transactions, Allen directly owns 43,783 shares of common stock and 15,451 restricted stock units.
- The restricted stock units were granted on March 21, 2023, and vest in five annual installments beginning March 21, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report on routine stock transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/21/2023 | Reporting person was granted 27,100 restricted stock units, vesting in five annual installments beginning March 21, 2024. |
| 03/21/2024 | First vesting date of restricted stock units granted on March 21, 2023. |
| 03/21/2025 | Vesting of 5,420 restricted stock units and surrender of 1,193 shares for tax obligations. |
| 03/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Forestar Group Inc., James Douglas Allen, CFO, Restricted Stock Units, Stock Transactions, Beneficial Ownership, Vesting, Tax Withholding
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