James Douglas Allen, Chief Financial Officer of Forestar Group Inc., filed a Form 4 on November 2, 2026, disclosing the vesting of 2,649 restricted stock units and the surrender of 981 shares to cover tax withholding obligations, both occurring on October 29, 2026.

Key Highlights

  • RSU vesting: 2,649 restricted stock units converted to common stock on October 29, 2026, at a price of $0, per the filing.
  • Tax withholding: 981 shares were surrendered to the issuer at $25.03 per share to cover withholding tax obligations on the vested shares.
  • Post-transaction holdings: Allen directly held 42,127 shares of common stock following the reported transactions.
  • Remaining RSUs: 10,196 restricted stock units remain beneficially owned directly by Allen after the transaction.
  • Original RSU grant: The vested units are part of a 13,245 RSU grant made on October 29, 2025, vesting in five annual installments beginning October 29, 2026.

Forestar CFO Reports RSU Vesting and Share Surrender for Tax Obligations

According to the Form 4 filed with the SEC, James Douglas Allen, serving as Chief Financial Officer of Forestar Group Inc. (NYSE:FOR), reported two transactions dated October 29, 2026. The first was the vesting of 2,649 restricted stock units under transaction code "M," with each unit representing, as the filing states, "a contingent right to receive one share of FOR common stock upon vesting." The acquisition was recorded at a price of $0.

Immediately following the vesting, the filing discloses that 981 shares were disposed of under transaction code "F" at a price of $25.03 per share. The filing notes these shares "are surrendered to issuer to cover withholding tax obligations of the shares vested on October 29, 2026." After both transactions, Allen's direct beneficial ownership of common stock stood at 42,127 shares, according to the filing.

The filing further explains that the vested units originated from a grant of 13,245 restricted stock units made on October 29, 2025, structured to vest in five annual installments beginning October 29, 2026. Following the October 29, 2026 vesting event, Allen retained 10,196 restricted stock units as direct beneficial ownership in Table II of the filing.

What Was Disclosed

Forestar Group's CFO, James Douglas Allen, disclosed the vesting of 2,649 RSUs and the surrender of 981 shares for tax withholding on October 29, 2026, leaving him with 42,127 common shares and 10,196 RSUs directly held.