FOR · Forestar Group Inc

Forestar Group Inc. filed an 8-K announcing the retirement of Executive Chairman Donald J. Tomnitz, effective October 31, 2026, and the appointment of President and CEO Anthony W. Oxley as Executive Chairman, effective November 1, 2026. The filing also notes that director Samuel R. Fuller will not stand for re-election at the 2027 annual meeting, and Stacey H. Dwyer was appointed as a director to fill the vacancy. These are routine governance transitions with no material financial impact.

• Donald J. Tomnitz will retire as Executive Chairman effective October 31, 2026.
• Anthony W. Oxley, President and CEO, will become Executive Chairman effective November 1, 2026, while continuing as CEO.
• Tomnitz entered a Strategic Advisor Agreement with a monthly fee of $41,667 through September 30, 2028, with continued vesting of RSUs and PSUs.
• Samuel R. Fuller will not be nominated for re-election at the 2027 Annual Meeting.