Parmer Elizabeth 4

What Happened

• Elizabeth Parmer, a director of Forestar Group Inc. (FOR), had 2,000 restricted stock units (RSUs) convert into 2,000 shares on March 1, 2026. The reported acquisition price was $0.00 (no cash paid) and the filing shows a matching derivative disposal of 2,000 units at $0.00. No sale of shares or cash proceeds were reported in the transaction entries.

Key Details

• Transaction date: 2026-03-01 (reported on Form 4 filed 2026-03-03) — filing appears timely.
• Transaction codes: M = exercise/conversion of a derivative security (here, RSUs converting to common shares).
• Shares involved: 2,000 shares acquired (from conversion) and 2,000 derivative units disposed; both at $0.00 (no cash consideration reported).
• Post-transaction total holdings: Not disclosed in the provided excerpt of the filing.
• Footnotes: F1 clarifies each RSU equals a contingent right to one share upon vesting. F2 notes these RSUs were part of a March 21, 2023 grant of 6,000 RSUs vesting in three annual installments beginning March 1, 2024 (so this likely represents the scheduled 2,000-share installment).

Context

• This was a vesting/conversion of previously granted RSUs (not an open-market purchase or sale). RSU conversions are typically non‑purchase receipt of shares upon satisfying vesting conditions and do not necessarily signal a buy/sell intent by the insider.
• The filing shows no immediate sale or cashless-sell proceeds reported for these shares in the provided data.