FULLER SAMUEL R 4
Research Summary
AI-generated summary
Forestar (FOR) Director Samuel R. Fuller Exercises RSUs
What Happened
- Samuel R. Fuller, a director of Forestar Group Inc. (FOR), had 402 restricted stock units (RSUs) vest and convert into 402 shares on March 28, 2026. The Form 4 reports the 402 shares as acquired at $0 and the same 402 shares as disposed at $0 (derivative conversion/disposition).
- No cash changed hands in the filing (reported $0). This is a vesting/conversion event rather than an open‑market buy or sale.
Key Details
- Transaction date: March 28, 2026.
- Reported amounts/prices: 402 shares acquired @ $0.00; 402 shares disposed @ $0.00 (derivative).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each RSU is the contingent right to one FOR share upon vesting; F2 — these RSUs were originally granted March 28, 2024 (1,207 RSUs vesting in three annual installments beginning March 28, 2025).
- Filing date: Form 4 filed March 31, 2026 (appears to be filed promptly after the transaction).
Context
- This filing reflects RSU vesting and conversion (transaction code M = exercise or conversion of a derivative). The immediate disposition of the converted shares is common when companies withhold or surrender shares to satisfy tax withholding or for net settlement; the filing itself does not state the specific reason for the surrender.
- Such routine vesting/withholding transactions do not necessarily indicate the insider’s view on the company’s prospects; they are often administrative tax or settlement actions rather than market purchases or sales.