Beazer Homes USA: director Howard C Heckes sold 5,988 shares

What happened

• Howard C Heckes, director, disposed of 5,988 shares to the issuer on Oct 20, 2026 as part of the merger. The filing shows a Merger Consideration of $33.50 per share, totaling $200,598, subject to applicable withholding taxes.

Key details

• Transaction date and price: Oct 20, 2026; Merger Consideration $33.50 per share; transaction code D (disposition to the issuer).
• Shares owned after the transaction: the filing reports that each outstanding share of common stock was cancelled and converted; after the effective time the insider held 0 shares of common stock.
• Footnotes: F1 describes the Agreement and Plan of Merger and the $33.50 cash merger consideration; F2 states restricted stock awards were cancelled and converted into cash equal to the number of shares times the Merger Consideration, less applicable tax withholdings.
• Filing: Form 4 filed Oct 20, 2026, reporting the Oct 20, 2026 transaction.

Why it may matter

• This was a disposition to the issuer under the Merger Agreement (shares cancelled and converted into cash), not an open-market sale.
• A filing does not show why the insider traded or why the company acted.