Form 4: Forestar Group Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Mark Stephen Walker, Chief Operating Officer of Forestar Group Inc., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On March 18, 2025, Mark Stephen Walker, the Chief Operating Officer of Forestar Group Inc., had 1,554 restricted stock units vest, which converted into common stock.
- Walker surrendered 778 shares to cover withholding tax obligations at a price of $21.9 per share.
- Following these transactions, Walker directly owns 14,459 shares of Forestar Group Inc. common stock and 1,554 restricted stock units.
- The restricted stock units were granted on March 18, 2021, and vest in five annual installments beginning March 18, 2022.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock ownership, with no particularly positive or negative implications.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.
Key Dates
| Date | Description |
|---|---|
| 03/18/2021 | Reporting person was granted 7,770 restricted stock units, vesting in five annual installments beginning March 18, 2022. |
| 03/18/2022 | First vesting date of restricted stock units. |
| 03/18/2025 | Vesting of 1,554 restricted stock units and surrender of 778 shares for tax obligations. |
| 03/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Forestar Group Inc., Stock Transaction, Restricted Stock Units, Beneficial Ownership, Insider Trading, Mark Stephen Walker, COO
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