Dream Finders Homes: completes acquisition of Beazer Homes for $878,400,000

What happened

• Dream Finders Homes reported that it completed its previously announced acquisition of Beazer Homes USA, Inc. (the “Merger”) at the Effective Time on Oct 20, 2026, pursuant to the Agreement and Plan of Merger dated Aug 6, 2026. At the Effective Time, Bulldogs Merger Sub, Inc. merged with and into Beazer, with Beazer surviving as a wholly owned subsidiary of Dream Finders Homes.

Key details

• Each issued and outstanding share of Beazer common stock (other than shares cancelled or converted as provided in the Merger Agreement) was converted into the right to receive $33.50 in cash, without interest, subject to required withholding taxes.
• Certain Beazer equity awards were cancelled and converted into cash: unexercised options vested and converted to cash value where in-the-money, restricted stock awards converted to cash at $33.50 per share, and performance awards were converted with uncompleted performance periods deemed achieved at target. Treasury shares and shares held by the company or Merger Sub were cancelled for no consideration.
• The aggregate consideration paid in connection with the Merger was approximately $878,400,000.
• Separately, Dream Finders Homes entered into the Ninth Amendment to its Amended and Restated Credit Agreement on Sep 22, 2026, which set the letter of credit sublimit at $100,000,000 and modified covenants governing asset dispositions and burdensome agreements. The company also issued a press release on Oct 20, 2026 announcing completion of the Merger.

Why it may matter

• This Form 8-K reports Item 2.01 (completion of acquisition), Item 7.01 (Regulation FD disclosure via press release), and Item 8.01 (other events relating to the Ninth Amendment to the credit agreement). A filing does not show why the insider traded or why the company acted.