D.R. Horton Amends Forestar Group Stake Filing

Ticker: FOR · Form: SC 13D/A · Filed: 2024-04-18T00:00:00.000Z

Sentiment: neutral

Topics: ownership-change, sec-filing, amendment

Related Tickers: FOR

TL;DR

DRH updated its 13D on FOR; ownership details changed.

AI Summary

D.R. Horton, Inc. filed an amendment (No. 3) to its Schedule 13D on April 18, 2024, regarding its ownership of Forestar Group Inc. The filing indicates a change in the beneficial ownership of Forestar Group Inc. common stock, with D.R. Horton, Inc. being the primary filer. The specific details of the change in beneficial ownership, including exact share counts and dollar amounts, are not fully detailed in this excerpt but are the subject of the amendment.

Why It Matters

This amendment signals a potential shift or clarification in the relationship and holdings between D.R. Horton and Forestar Group, which could impact investor perception and strategic direction for both companies.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's stake or intentions, which can introduce uncertainty and volatility.

Key Players & Entities

FAQ

What specific change in beneficial ownership is detailed in Amendment No. 3?

The filing is an amendment to Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change (e.g., number of shares, percentage) are not provided in this excerpt.

Who is the primary filer for this Schedule 13D amendment?

D.R. Horton, Inc. is the primary filer for this Schedule 13D amendment.

What is the CUSIP number for Forestar Group Inc. common stock?

The CUSIP number for Forestar Group Inc. common stock is 346232 101.

When was this amendment filed with the SEC?

This amendment was filed on April 18, 2024.

What is the business address of Forestar Group Inc.?

The business address of Forestar Group Inc. is 2221 E. Lamar Blvd., Suite 790, Arlington, TX 76006.

Filing Stats: 1,245 words · 5 min read · ~4 pages · Grade level 8.4 · Accepted 2024-04-18 18:00:57

Key Financial Figures

Filing Documents

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: April 18, 2024 D.R. HORTON, INC. By: /s/ Thomas B. Montaño Name: Thomas B. Montaño Title: Senior Vice President and Corporate Secretary SCHEDULE I Executive Officers of D.R. Horton, Inc. David V. Auld c/o D.R. Horton, Inc. 1341 Horton Circle Arlington, Texas 76011 Principal Occupation: Director, Executive Vice Chair Citizenship: USA Amount Beneficially Owned: 25,000 Paul J. Romanowski c/o D.R. Horton, Inc. 1341 Horton Circle Arlington, Texas 76011 Principal Occupation: Director, President and Chief Executive Officer Citizenship: USA Amount Beneficially Owned: 0 Michael J. Murray c/o D.R. Horton, Inc. 1341 Horton Circle Arlington, Texas 76011 Principal Occupation: Executive Vice President and Chief Operating Officer Citizenship: USA Amount Beneficially Owned: 1,000 Bill W. Wheat c/o D.R. Horton, Inc. 1341 Horton Circle Arlington, Texas 76011 Principal Occupation: Executive Vice President and Chief Financial Officer Citizenship: USA Amount Beneficially Owned: 20,000 Board of Directors of D.R. Horton, Inc. Donald R. Horton c/o D.R. Horton, Inc. 1341 Horton Circle Arlington, Texas 76011 Principal Occupation: Director, Chairman Citizenship: USA Amount Beneficially Owned: 0 David V. Auld (see above) Paul J. Romanowski (see above) Barbara K. Allen c/o D.R. Horton, Inc. 1341 Horton Circle Arlington, Texas 76011 Principal Occupation: Retired Citizenship: USA Amount Beneficially Owned: 8,150 Brad S. Anderson c/o D.R. Horton, Inc. 1341 Horton Circle Arlington, Texas 76011 Principal Occupation: Vice Chair of Cushman & Wakefield Citizenship: USA Amount Beneficially Owned: 0 Michael R. Buchanan c/o D.R. Horton, Inc. 1341 Horton Circle

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