Director Kellie L. Fischer of Forestar Group Inc. filed a Form 4 on November 2, 2026, reporting two restricted stock unit vesting transactions on October 29 and October 30, 2026, that converted a combined 2,451 RSUs into shares of common stock.

Key Highlights

  • Two vesting events: Fischer received 998 shares on October 29, 2026, and 1,453 shares on October 30, 2026, both coded as "M" (conversion of derivative security).
  • Zero cost: Both transactions were reported at a price of $0, consistent with RSU vesting rather than an open-market purchase.
  • Post-transaction holdings: Following the October 30 transaction, Fischer directly owned 4,654 shares of common stock.
  • RSU balance reduced: After the two vesting events, Fischer's remaining restricted stock units totaled 1,454 directly held units.
  • Original RSU grants: The October 29 vesting traces to a grant of 2,995 RSUs made on October 29, 2025; the October 30 vesting traces to a grant of 4,360 RSUs made on October 30, 2024, each vesting in three annual installments.
  • Issuer and exchange: The filing identifies the issuer as Forestar Group Inc., trading under ticker FOR, listed on NYSE:FOR.

Fischer RSU Vestings at Forestar Group: October 2026 Details

According to the filing, Kellie L. Fischer, identified as a director of Forestar Group Inc., reported two separate conversions of restricted stock units into common stock during late October 2026. On October 29, 2026, 998 RSUs vested and were converted into 998 shares of common stock at $0, bringing her directly held share total to 3,201. On October 30, 2026, an additional 1,453 RSUs vested under the same terms, raising her directly held common stock position to 4,654 shares.

The filing explains that each restricted stock unit represents "a contingent right to receive one share of FOR common stock upon vesting." The October 29 vesting came from a grant of 2,995 RSUs awarded on October 29, 2025, scheduled to vest in three annual installments beginning October 29, 2026. The October 30 vesting came from an earlier grant of 4,360 RSUs awarded on October 30, 2024, vesting in three annual installments beginning October 30, 2025.

Following both transactions, the filing reports that Fischer's remaining derivative security holdings totaled 1,997 RSUs after the October 29 event and 1,454 RSUs after the October 30 event, all held directly. The form was signed by James D. Allen as Attorney-in-Fact for Kellie L. Fischer and dated November 2, 2026.

What Was Disclosed

The Form 4 discloses two RSU vesting transactions by Forestar Group director Kellie L. Fischer on October 29 and October 30, 2026, converting a total of 2,451 restricted stock units into common stock at $0 per unit, with a resulting direct ownership of 4,654 common shares.