Form 4: Forestar Group Inc. Director Elizabeth Parmer Reports Stock Transactions
SEC Form 4 Filing
Director Elizabeth Parmer reports the vesting and disposal of 2,000 restricted stock units of Forestar Group Inc. common stock on October 30, 2024.
Summary
- On October 30, 2024, Elizabeth Parmer, a director of Forestar Group Inc., reported a transaction involving restricted stock units.
- Ms. Parmer disposed of 2,000 shares of common stock upon the vesting of restricted stock units.
- The transaction was executed under Transaction Code 'M', indicating the exercise or conversion of derivative security.
- Following the reported transaction, Ms. Parmer directly owns 4,000 derivative securities.
- The restricted stock units were granted on October 30, 2023, and vest in three annual installments beginning October 30, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 10/30/2023 | Reporting person was granted 6,000 restricted stock units, vesting in three annual installments beginning October 30, 2024. |
| 10/30/2024 | Vesting of 2,000 restricted stock units and disposal of corresponding common stock. |
| 10/31/2024 | Date of signature for the Form 4 filing. |
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