Parmer Elizabeth 4

What Happened

Elizabeth Parmer, a director of Forestar Group Inc. (FOR), reported the vesting/conversion of 402 restricted stock units into 402 shares on March 28, 2026 (transaction code M — exercise/conversion of a derivative). The filing shows an acquisition of 402 shares at $0.00 and a corresponding disposition of 402 shares at $0.00 on the same date.

Key Details

• Transaction date: March 28, 2026.
• Reported amounts: 402 shares acquired @ $0.00; 402 shares disposed @ $0.00 (both reported as derivative transactions, code M).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 clarifies each restricted stock unit (RSU) converts to one share upon vesting. F2 notes the RSUs were originally granted on March 28, 2024 (1,207 RSUs vesting in three annual installments beginning March 28, 2025). The 402-share conversion aligns with one installment of that grant.
• Timeliness: The report covers the March 28, 2026 transaction and was filed March 31, 2026 (appears timely).

Context

• Transaction code M indicates an exercise/conversion of a derivative (here, vested RSUs). The matching acquisition and disposition on the same date often reflects settlement mechanics (e.g., conversion and simultaneous surrender or sale), but the filing does not state the reason.
• These entries do not show a purchase for investment purposes; rather they document vesting/settlement of previously granted RSUs.