Form 4: Forestar Group Inc. CFO James Douglas Allen Reports Stock Transactions

James Douglas Allen, CFO of Forestar Group Inc., reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On March 28, 2025, James Douglas Allen, the CFO of Forestar Group Inc., had 1,991 restricted stock units vest, which converted into common stock.
• Allen also surrendered 439 shares to cover withholding tax obligations related to the vested shares at a price of $21.07 per share.
• Following these transactions, Allen directly owns 45,335 shares of Forestar Group Inc. common stock.
• Allen also directly owns 7,590 restricted stock units.
• The restricted stock units were granted on March 28, 2024, and vest in five annual installments beginning March 28, 2025.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the CFO's compensation and ownership stake in the company.

Key Dates

Keywords

Forestar Group Inc., James Douglas Allen, CFO, restricted stock units, stock vesting, Form 4, insider trading, tax withholding, common stock