Mark Stephen Walker, Chief Operating Officer of Forestar Group Inc., filed a Form 4 on November 3, 2026, disclosing the acquisition of 20,855 restricted stock units in Forestar Group Inc. common stock on November 2, 2026.

Key Highlights

  • Reporting person: Mark Stephen Walker, identified as Chief Operating Officer of Forestar Group Inc.
  • Award granted: 20,855 restricted stock units (RSUs) acquired on November 2, 2026, at a price of $0.
  • Underlying security: Each RSU represents a contingent right to receive one share of Forestar Group Inc. common stock upon vesting, according to the filing.
  • Vesting schedule: The RSUs vest in five annual installments beginning November 2, 2027, as stated in the filing.
  • Beneficial ownership following the transaction: 20,855 RSUs held directly.
  • Form signed by: James D. Allen, Attorney-in-fact for Mark Stephen Walker, on November 3, 2026.

Forestar Group COO Awarded RSUs Vesting Over Five Years Starting 2027

According to the Form 4 filed with the U.S. Securities and Exchange Commission on November 3, 2026, Mark Stephen Walker, Chief Operating Officer of Forestar Group Inc. (NYSE:FOR), reported the acquisition of 20,855 restricted stock units on November 2, 2026. The transaction is recorded in Table II of the filing as a derivative security acquisition with transaction code "A," at a price of $0.

The filing states that each restricted stock unit represents "a contingent right to receive one share of FOR common stock upon vesting." The RSUs are not immediately exercisable; according to the filing's explanation of responses, they "vest in five annual installments beginning November 2, 2027." Following this transaction, Walker's direct beneficial ownership of RSUs stands at 20,855 units, as reported in the filing.

No non-derivative securities transactions were reported in Table I of the filing. The Form 4 was submitted by James D. Allen, identified as Attorney-in-fact for Mark Stephen Walker, and bears the signature date of November 3, 2026. No amendment date was listed, indicating this is an original filing.

What Was Disclosed

Forestar Group Inc.'s Chief Operating Officer, Mark Stephen Walker, disclosed the award of 20,855 RSUs on November 2, 2026, each convertible into one share of common stock, vesting in five annual installments beginning November 2, 2027, at no cost to the recipient.