Form 4: Forestar Group Inc. Director Elizabeth Parmer Reports Stock Transactions
SEC Form 4 Filing
Director Elizabeth Parmer reports the vesting and disposal of restricted stock units in Forestar Group Inc. common stock.
Summary
- On March 21, 2024, Elizabeth Parmer, a director of Forestar Group Inc., reported transactions involving the company's common stock.
- Specifically, 1,095 restricted stock units vested and were converted into common stock.
- These shares were then disposed of.
- The transactions occurred at a price of $0.
- Following these transactions, Parmer directly owns 2,191 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 03/21/2023 | Reporting person was granted 3,286 restricted stock units, vesting in three annual installments beginning March 21, 2024. |
| 03/21/2024 | 1,095 restricted stock units vested and were converted into common stock, then disposed of. |
| 03/25/2024 | Date of signature for the Form 4 filing. |
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