Mark Stephen Walker - 06 May 2024 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role: Chief Operating Officer
Signature: /s/ Ashley Dagley, Attorney-in-fact for Mark Stephen Walker
Issuer symbol: FOR
Transactions as of: 06 May 2024
Net transactions value: -$17,359
Form type: 4
Filing time: 07 May 2024, 12:49:03 UTC
Previous filing: 01 Apr 2024
Next filing: 21 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FOR	Common Stock	Options Exercise	$0	+1,120	+9.2%	$0.000000	13,287	06 May 2024	Direct	F1
transaction	FOR	Common Stock	Tax liability	$17,359	-503	-3.8%	$34.51	12,784	06 May 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FOR	Restricted Stock Unit	Options Exercise	$0	-1,120	-100%	$0.000000^*	0	06 May 2024	Common Stock	1,120		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.
F2	These shares are surrendered to issuer to cover withholding tax obligations of the shares vested on May 6, 2024.
F3	On May 6, 2019, the reporting person was granted 5,600 restricted stock units, vesting in five annual installments beginning May 6, 2020.