Forestar Group Inc. Enters Material Definitive Agreement
Ticker: FOR · Form: 8-K · Filed: 2024-12-23T00:00:00.000Z
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Forestar Group Inc. just signed a big deal, expect financial moves.
AI Summary
On December 18, 2024, Forestar Group Inc. entered into a material definitive agreement related to a financial obligation. The company, formerly known as Forestar Real Estate Group Inc., is incorporated in Delaware and headquartered in Arlington, Texas.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Forestar Group Inc., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and new financial obligations can introduce financial risks and operational changes that warrant careful monitoring.
Key Numbers
- 001-33662 — SEC File Number (Identifier for Forestar Group Inc.'s SEC filings)
- 26-1336998 — IRS Employer Identification No. (Tax identification number for Forestar Group Inc.)
Key Players & Entities
- Forestar Group Inc. (company) — Registrant
- December 18, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 2221 E. Lamar Blvd., Suite 790, Arlington, TX 76006 (address) — Business and mailing address
- Forestar Real Estate Group Inc. (company) — Former company name
FAQ
What type of material definitive agreement did Forestar Group Inc. enter into?
The filing indicates the entry into a material definitive agreement that constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is December 18, 2024.
In which state is Forestar Group Inc. incorporated?
Forestar Group Inc. is incorporated in Delaware.
What is the business address of Forestar Group Inc.?
The business address is 2221 E. Lamar Blvd., Suite 790, Arlington, TX 76006.
What was Forestar Group Inc. formerly known as?
Forestar Group Inc. was formerly known as Forestar Real Estate Group Inc.
Filing Stats: 739 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-12-23 17:14:32
Key Financial Figures
- $1.00 — ich Registered Common Stock, par value $1.00 per share FOR New York Stock Exchan
- $640 million — nd increase the Aggregate Commitment to $640 million. Pursuant to the terms of Amendment N
- $1 billion — regate Commitment to be increased up to $1 billion subject to certain conditions and avail
Filing Documents
- d834684d8k.htm (8-K) — 28KB
- d834684dex101.htm (EX-10.1) — 783KB
- 0001193125-24-284300.txt ( ) — 1112KB
- for-20241218.xsd (EX-101.SCH) — 3KB
- for-20241218_lab.xml (EX-101.LAB) — 18KB
- for-20241218_pre.xml (EX-101.PRE) — 11KB
- d834684d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibit 10.1 Amendment No. 4 to Credit Agreement, dated December 18, 2024 by and among Forestar Group Inc., JPMorgan Chase Bank, N.A., as Administrative Agent, and the Lenders named therein. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document contained in Exhibit 101). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Forestar Group Inc. Date: December 23, 2024 By: /s/ James D. Allen James D. Allen Executive Vice President, Chief Financial Officer & Treasurer 3