Lovett William Radford II 4
4 · Dream Finders Homes, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Dream Finders Homes (DFH) 10% Owner Lovett Radford Sells Shares
What Happened
Lovett William Radford II, a >10% owner (and sole trustee of the W. Radford Lovett II GST Exempt Trust), sold a total of 137,256 shares of Dream Finders Homes Class A common stock in two open-market transactions. He sold 60,828 shares on June 11, 2026 at a reported weighted-average price of $14.56 for proceeds of $885,656, and 76,428 shares on June 12, 2026 at a reported weighted-average price of $15.17 for proceeds of $1,159,413 — total proceeds about $2,045,069. These were sales (liquidity events) rather than purchases.
Key Details
- Transaction dates and amounts: 6/11/2026 — 60,828 shares @ $14.56 (≈ $885,656); 6/12/2026 — 76,428 shares @ $15.17 (≈ $1,159,413). Total sold: 137,256 shares for ≈ $2.05M.
- Footnotes: F1 — 6/11 weighted-average reflects sales priced between $14.15 and $15.13; F3 — 6/12 weighted-average reflects sales priced between $14.98 and $15.48. The filer can provide a per-price breakdown on request. F2 — the shares are owned directly by the W. Radford Lovett II GST Exempt Trust; the reporting person is the trust’s sole trustee.
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing timeliness: Form 4 filed 6/15/2026 for trades on 6/11–6/12 (filed 3–4 days after trades), which appears later than the typical 2 business‑day Form 4 deadline and may be considered late.
- No 10b5-1 plan, option exercise, gift, or tax‑withholding notation is indicated in the provided excerpt.
Context
As a >10% owner, Lovett’s sales reflect disposition by a major shareholder/trust rather than routine executive trading; such sales can be for diversification or trust/tax purposes and do not, by themselves, indicate company outlook. The weighted-average prices mean each sale likely executed in multiple trades; a full price-by-price breakdown is available from the filer on request.
Insider Transaction Report
- Sale
Class A common stock, par value $0.01 per share
[F1][F2]2026-06-11$14.56/sh−60,828$885,656→ 3,580,055 total(indirect: See Footnote) - Sale
Class A common stock, par value $0.01 per share
[F3][F2]2026-06-12$15.17/sh−76,428$1,159,413→ 3,503,627 total(indirect: See Footnote)
- 22,349
Class A common stock, par value $0.01 per share
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. The prices sold ranged from $14.15 to $15.13. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]Such shares of Class A Common Stock are owned directly by the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004. The reporting person is the sole trustee of the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004.
- [F3]The price reported in Column 4 is a weighted average price. The prices sold ranged from $14.98 to $15.48. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.