Forestar Group Inc. — Director's Dealing 2025

Dec 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forestar Group Inc. (FOR)
CIK: 0001406587
Period of Report: 2025-12-01

Reporting Person: TOMNITZ DONALD J (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-01	Common Stock	M	756	—	Acquired	129271	Direct
2025-12-01	Common Stock	F	756	$25.57	Disposed	128515	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-01	Restricted Stock Unit	$	M	756	Disposed		Common Stock (756)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.

F2: These shares were surrendered to issuer to cover withholding tax obligations of the 20,255 restricted stock units awarded October 29, 2025.

F3: Represents common stock acquired by the vesting of a portion of the 20,255 restricted stock units awarded October 29, 2025, to cover withholding tax obligations.

F4: On October 29,2025 the reporting person was granted 20,255 restricted stock units.