Form 4: Forestar Group Inc.: Director Elizabeth Parmer Reports Stock Unit Vesting
SEC Form 4 Filing
Director Elizabeth Parmer reported the vesting of restricted stock units in Forestar Group Inc. common stock on March 28, 2025.
Summary
- On March 28, 2025, Elizabeth Parmer, a director of Forestar Group Inc., reported the vesting of 402 restricted stock units, which convert into 402 shares of common stock.
- These units were part of a grant of 1,207 restricted stock units awarded on March 28, 2024, vesting in three annual installments starting March 28, 2025.
- Following the transaction, Parmer directly owns 4,817 shares of Forestar Group Inc. common stock and 805 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock unit vesting, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency regarding the equity holdings of company insiders.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date the reporting person was granted 1,207 restricted stock units, vesting in three annual installments beginning March 28, 2025. |
| 03/28/2025 | Date of transaction: 402 restricted stock units vested and converted into common stock. |
| 03/31/2025 | Date of report. |
Keywords
Form 4, Forestar Group Inc., Director, Elizabeth Parmer, Restricted Stock Units, Vesting, Common Stock, Beneficial Ownership
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