Doug Moran - 21 Jan 2024 Form 4 Insider Report for Dream Finders Homes, Inc. (DFH)

Role
Senior VP and COO
Signature
/s/ Robert E. Riva by Power of Attorney
Issuer symbol
DFH
Transactions as of
21 Jan 2024
Transactions value $
-$200,355
Form type
4
Filing time
23 Jan 2024, 17:18:26 UTC
Previous filing
18 Dec 2023
Next filing
06 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFH Class A common stock, par value $0.01 per share Tax liability -$200,354 -6,064 -1.3% $33.04 457,365 21 Jan 2024 Direct F1
holding DFH Class A common stock, par value $0.01 per share 111,245 21 Jan 2024 by Trust F2
holding DFH Class A common stock, par value $0.01 per share 382,596 21 Jan 2024 by Trust F3
holding DFH Class A common stock, par value $0.01 per share 166,500 21 Jan 2024 by Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Withholding of shares upon vesting by the Company to satisfy tax liability.
F2 Shares beneficially owned by the John Douglas Moran, Jr. Revocable Trust dated November 30, 2021.
F3 Shares beneficially owned by the Nicole L. Moran Revocable Trust dated November 30, 2021.
F4 Shares beneficially owned by the John Douglas Moran, Jr. Grantor Retained Annuity Trust dated May 30, 2023.