Beazer Homes USA Inc: director Kelley John J III sold 23,116 shares

What happened

• Kelley John J III, director, disposed of 15,917 and 7,199 shares to the issuer on Oct 20, 2026 under the merger. The filing shows each share was cancelled and converted into the right to receive $33.50 in cash, for a total of $774,386.

Key details

• Transaction date(s) and price(s): Oct 20, 2026; transaction entries list price as N/A for the dispositions, footnote F2 states the Merger Consideration was $33.50 per share.
• Shares involved: 15,917 and 7,199 (total 23,116).
• Shares owned after the transaction: the reported shares were cancelled and converted into cash under the merger (see F2).
• Relevant footnotes: F1 describes the merger agreement; F2 explains conversion of outstanding common stock into $33.50 cash per share; F3 addresses conversion of restricted stock awards into cash.
• Filing timeliness: Form 4 filed on Oct 20, 2026, matching the report date (no late filing indicated).
• Transaction code: D (disposition to issuer).

Why it may matter

• This was a merger-related disposition where outstanding shares were cancelled and converted into cash rather than a market sale.
• The filing does not show why the insider traded or why the company acted.