Beazer Homes USA: director Peter M Orser sold 85,523 shares

What happened

• Peter M Orser, director, disposed of a total of 85,523 shares of Beazer Homes USA common stock on Oct 20, 2026. The Form 4 reports two dispositions to the issuer: 78,324 shares and 7,199 shares.
• The filing states that each outstanding share was cancelled and converted into the right to receive $33.50 in cash per share (the "Merger Consideration"), which values the 85,523 shares at $2,865,020.50 before any applicable tax withholdings.

Key details

• Transaction date(s) and price(s): Oct 20, 2026; transaction lines show price as N/A, footnote reports Merger Consideration of $33.50 per share.
• Shares involved: 78,324 and 7,199, total 85,523 shares.
• Shares owned after the transaction: the filing states outstanding common shares were cancelled at the effective time of the merger and converted into cash rights.
• Relevant footnotes: transactions reported under the Agreement and Plan of Merger dated Aug 6, 2026; restricted stock awards were cancelled and converted into cash equal to number of shares times $33.50, less applicable tax withholdings.
• Filing timeliness: Form 4 filed Oct 20, 2026; no late filing is indicated in the report.

Why it may matter

• This was a conversion of common stock into cash under the merger, not an open-market sale.
• The filing does not show why the insider traded or why the company acted.