Oxley Anthony W 4

What Happened

• Anthony W. Oxley, CEO of Forestar Group (FOR), had 4,977 restricted stock units (RSUs) convert into common shares on March 28, 2026. To satisfy tax withholding, 1,959 of those shares were surrendered to the issuer at an implied value of $24.81 per share, totaling $48,603. The conversion of the RSU (derivative) is reported as both an acquisition of 4,977 shares and the extinguishment/disposition of the derivative award.

Key Details

• Transaction date: March 28, 2026; Form 4 filed March 31, 2026.
• Vesting/conversion: 4,977 RSUs converted to 4,977 shares (reported at $0.00 acquisition price for the derivative conversion).
• Tax withholding: 1,959 shares surrendered at $24.81 each = $48,603 (code F: payment of tax liability by surrendering shares).
• Net shares retained from this vesting: 3,018 shares (4,977 vested − 1,959 surrendered). The filing does not state Mr. Oxley’s total post-transaction holdings.
• Footnotes: F1 — each RSU converts to one share on vesting; F2 — shares surrendered specifically to cover withholding tax on the shares that vested on March 28, 2026; F3 — these RSUs were part of a March 28, 2024 grant of 14,930 RSUs vesting in three annual installments beginning March 28, 2025.
• Timeliness: Form 4 was filed March 31, 2026 covering March 28 transactions. (No late-filing flag shown in the filing summary provided.)

Context

• This was a routine compensation-related vesting and tax-withholding event, not an open-market sale or a bullish purchase signal. The RSUs converted (derivative exercise/conversion) and then shares were surrendered to the issuer to satisfy withholding obligations — a common cashless method employers use for tax payment.