Mark Stephen Walker, Chief Operating Officer of Forestar Group Inc., filed a Form 4 on November 2, 2026, disclosing the vesting of restricted stock units and a share surrender to cover tax obligations on October 29, 2026.

Key Highlights

  • RSU vesting: Walker acquired 3,607 shares of Forestar Group common stock on October 29, 2026, via an M-coded transaction at $0, converting restricted stock units to common stock.
  • Tax withholding surrender: 1,600 shares were disposed of at $25.03 per share on the same date to cover withholding tax obligations associated with the vesting.
  • Remaining direct ownership: Following both transactions, Walker directly holds 28,854 shares of common stock.
  • Remaining RSUs: Walker retains 14,428 restricted stock units following the reported transaction.
  • Original RSU grant: According to the filing, the 3,607 units vested from a grant of 18,035 restricted stock units made on October 29, 2025, vesting in five annual installments beginning October 29, 2026.

Forestar Group COO Reports RSU Vesting and Share Surrender in October 2026 Transaction

According to the Form 4 filed with the SEC on November 2, 2026, Mark Stephen Walker, the Chief Operating Officer of Forestar Group Inc. (NYSE:FOR), reported two transactions in the company's common stock on October 29, 2026. The first was an M-coded transaction in which 3,607 restricted stock units converted into an equal number of shares of common stock at a price of $0, consistent with the filing's explanation that "each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting."

The second transaction, coded F, involved the disposition of 1,600 shares at $25.03 per share. The filing states that "these shares are surrendered to issuer to cover withholding tax obligations of the shares vested on October 29, 2026." After both transactions, Walker's direct beneficial ownership of common stock stood at 28,854 shares.

In Table II, the filing reports that Walker's remaining restricted stock unit holdings total 14,428 units following the vesting event. The filing further notes that the original grant of 18,035 restricted stock units was made on October 29, 2025, with vesting scheduled in five annual installments beginning October 29, 2026. The Form 4 was signed by James D. Allen as attorney-in-fact for Mark Stephen Walker and dated November 2, 2026.

What Was Disclosed

Forestar Group's COO Mark Stephen Walker disclosed the vesting of 3,607 restricted stock units and the surrender of 1,600 shares for tax withholding purposes on October 29, 2026, leaving him with 28,854 common shares and 14,428 RSUs outstanding.