Form 4: Forestar Group Inc.: Officer Mark Stephen Walker Reports Stock Transactions
SEC Form 4 Filing
Mark Stephen Walker, Chief Operating Officer of Forestar Group Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 10, 2025, Mark Stephen Walker, the Chief Operating Officer of Forestar Group Inc., reported transactions involving the company's common stock.
- Walker vested 1,800 restricted stock units, each representing a contingent right to receive one share of FOR common stock.
- 901 shares were surrendered to cover withholding tax obligations related to the vested shares at a price of $22.13.
- Following these transactions, Walker directly owns 13,683 shares of Forestar Group Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.
- Employees may be affected by similar equity compensation plans.
Key Dates
| Date | Description |
|---|---|
| 03/10/2020 | Reporting person was granted 9,000 restricted stock units, vesting in five annual installments beginning March 10, 2021. |
| 03/10/2021 | First vesting date of restricted stock units granted on March 10, 2020. |
| 03/10/2025 | Date of transaction: vesting of 1,800 restricted stock units and surrender of 901 shares for tax obligations. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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