Lovett William Radford II 4

What Happened

• Lovett William Radford II, a reported 10% owner (sole trustee of the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004), sold a total of 150,000 shares of Dream Finders Homes Class A common stock in two open-market transactions: 117,854 shares on 2026-05-19 at a reported weighted-average price of $12.65 for proceeds of $1,490,853, and 32,146 shares on 2026-05-20 at a reported weighted-average price of $12.89 for proceeds of $414,362 (total proceeds $1,905,215). These were sales (not purchases).

Key Details

• Transaction dates and reported prices:
  • 2026-05-19: 117,854 shares @ $12.65 (weighted avg); reported price range for the sales that day: $12.56–$12.78 (footnote F1).
  • 2026-05-20: 32,146 shares @ $12.89 (weighted avg); reported price range for the sales that day: $12.75–$13.02 (footnote F3).
• Total shares sold: 150,000; total reported proceeds: $1,905,215.
• Shares owned after the transactions: not specified in the supplied filing excerpt; the shares sold are owned directly by the W. Radford Lovett II GST Exempt Trust (reporting person is sole trustee) (footnote F2).
• Filing: Report lists Period of Report 2026-05-19 and was filed 2026-05-21 — appears to be filed within the typical two-business-day Form 4 deadline.

Context

• These were open-market sales by a 10% owner/trustee, which are often routine and can reflect liquidity needs rather than a change in company outlook; they do not indicate insider purchases (which are often viewed as stronger signals of insider confidence). The weighted-average prices reported have specified ranges; the filer offers to provide the full breakdown of exact prices upon request to the issuer, security holders, or the SEC staff.