Donald J. Tomnitz, Former Executive Chairman of Forestar Group Inc., filed a Form 4 on November 2, 2026, disclosing transactions on October 29, 2026, involving the vesting of restricted stock units and a related share surrender for tax withholding.

Key Highlights

  • RSU conversion: 6,751 restricted stock units were converted to common stock on October 29, 2026, at $0 per unit (transaction code M).
  • Tax withholding shares surrendered: 2,498 shares were disposed of at $25.03 per share to cover withholding tax obligations (transaction code F).
  • Resulting direct ownership: Tomnitz directly owned 143,483 shares of common stock following the reported transactions.
  • Remaining RSUs: 12,748 restricted stock units remained beneficially owned following the transactions.
  • Original RSU grant: According to the filing, on October 29, 2025, Tomnitz was granted 20,255 restricted stock units, vesting in three annual installments beginning October 29, 2026.
  • Issuer and exchange: Forestar Group Inc. is listed as NYSE:FOR.

Tomnitz RSU Vesting Details and Share Disposition at Forestar Group

According to the Form 4 filed November 2, 2026, Donald J. Tomnitz, identified in the filing as Former Executive Chairman of Forestar Group Inc. (NYSE:FOR), reported two transactions dated October 29, 2026. First, 6,751 restricted stock units were converted to an equivalent number of shares of common stock at $0, reflecting the terms under which each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.

The filing further discloses that 2,498 shares were surrendered to the issuer at a price of $25.03 per share. The filing states these shares "are surrendered to issuer to cover withholding tax obligations of the shares vested on October 29, 2026." Following both transactions, Tomnitz directly held 143,483 shares of common stock, according to the filing.

In Table II, the filing reports that Tomnitz also held 12,748 restricted stock units following the reported transactions. The filing notes that on October 29, 2025, Tomnitz was granted 20,255 restricted stock units, vesting in three annual installments beginning October 29, 2026. The Form 4 was signed by James D. Allen as attorney-in-fact for Donald J. Tomnitz and filed on November 2, 2026.

What Was Disclosed

The filing disclosed that Former Executive Chairman Donald J. Tomnitz vested 6,751 restricted stock units into Forestar Group common stock on October 29, 2026, surrendered 2,498 shares for tax withholding at $25.03, and retained direct ownership of 143,483 shares and 12,748 remaining RSUs.