FOR.NYSEForestar Group INC

Form 4: Forestar Group Inc. Director Lisa H. Jamieson Reports Stock Unit Vesting

Sentiment:

SEC Form 4

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Director Lisa H. Jamieson reports the vesting of restricted stock units into Forestar Group Inc. common stock.

Summary

  • On March 31, 2024, Lisa H. Jamieson, a director of Forestar Group Inc., had 910 restricted stock units vest.
  • These units converted into 910 shares of Forestar Group Inc. common stock.
  • The transaction did not involve any monetary exchange, as the price per unit was $0.
  • Following the transaction, Jamieson directly owns 17,451 shares of Forestar Group Inc. common stock and 911 restricted stock units.
  • The restricted stock units were granted on March 31, 2022, and vest in three annual installments starting March 31, 2023.
  • The report was filed on April 1, 2024, by Ashley Dagley, Attorney-in-fact for Lisa H. Jamieson.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock unit vesting, which is a neutral event.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies to ensure transparency.

Stakeholder Impact

  • The vesting of stock units may have a minor dilutive effect on existing shareholders.

Key Dates

DateDescription
03/31/2022Reporting person was granted 2,731 restricted stock units, vesting in three annual installments beginning March 31, 2023.
03/31/2023First vesting date of restricted stock units granted on March 31, 2022.
03/31/2024910 restricted stock units vested, converting into common stock.
04/01/2024Date of Form 4 filing.

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