Beazer Homes (BZH) SVP Michael Dunn Withholds 328 Shares for Taxes
$BZH · BEAZER HOMES USA INCResearch Summary
AI-generated summary of this SEC filing
Beazer Homes (BZH) SVP Michael Dunn Withholds 328 Shares for Taxes
What Happened
Michael Anthony Dunn, Senior Vice President, General Counsel and Corporate Secretary of Beazer Homes USA, had 328 shares withheld on August 1, 2026 to satisfy tax withholding obligations related to vesting restricted stock. The withholding was recorded at $32.10 per share, totaling $10,529 (reported on a Form 4 filed Aug 3, 2026). This is a routine tax-withholding disposition rather than an open-market sale or a purchase.
Key Details
- Transaction date: 2026-08-01; Form 4 filed: 2026-08-03 (reports the Aug 1 transaction).
- Shares withheld: 328 at $32.10 per share; total value $10,529.
- Shares owned after transaction: not disclosed in the filing.
- Transaction code: F — shares withheld to cover tax withholding on vested restricted stock (footnote: "These shares were withheld upon the vesting of restricted stock to pay tax withholding obligations").
- No indication in the filing of a 10b5-1 plan or late filing flag.
Context
Withholding shares to cover taxes on vested RSUs is a common administrative action and does not necessarily indicate the insider is selling shares for investment reasons. For retail investors, this type of transaction is typically neutral from a sentiment perspective — it reduces the insider's outstanding shares but is performed to meet tax obligations rather than to raise cash.