Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Allen James Douglas 2. Issuer Name and Ticker or Trading Symbol Forestar Group Inc. [FOR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 2221 E. LAMAR BLVD., SUITE 790 3. Date of Earliest Transaction (Month/Day/Year) 11/29/2024 (Street) ARLINGTON, TX 76006 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 11/29/2024 M 47 A $ 0 (1) 36,701 D Common Stock 11/29/2024 M 188 A $ 0 (1) 36,889 D Common Stock 11/29/2024 M 505 A $ 0 (1) 37,394 D Common Stock 11/29/2024 M 809 A $ 0 (1) 38,203 D Common Stock 11/29/2024 M 372 A $ 0 (1) 38,575 D Common Stock 11/29/2024 M 486 A $ 0 (1) 39,061 D Common Stock 11/29/2024 F(2) 2,407 D $29.85 36,654 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)	6. Date Exercisable and Expiration Date (Month/Day/Year)	7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	11/29/2024		M			47(3)	(4)	(4)	Common Stock	47	$ 0	1,203	D
Restricted Stock Unit	(1)	11/29/2024		M			188(5)	(6)	(6)	Common Stock	188	$ 0	4,849	D
Restricted Stock Unit	(1)	11/29/2024		M			505(7)	(8)	(8)	Common Stock	505	$ 0	13,008	D
Restricted Stock Unit	(1)	11/29/2024		M			809(9)	(10)	(10)	Common Stock	809	$ 0	20,871	D
Restricted Stock Unit	(1)	11/29/2024		M			372(11)	(12)	(12)	Common Stock	372	$ 0	9,581	D
Restricted Stock Unit	(1)	11/29/2024		M			486(13)	(14)	(14)	Common Stock	486	$ 0	12,519	D

Reporting Owners

Reporting Owner Name / Address	Relationships
Director	10% Owner	Officer	Other
Allen James Douglas 2221 E. LAMAR BLVD. SUITE 790 ARLINGTON, TX 76006			Chief Financial Officer

Signatures

/s/ Ashley Dagley, Attorney-in-fact for James Douglas Allen	12/03/2024
**Signature of Reporting Person	Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.
(2)	These shares were surrendered to issuer to cover withholding tax obligations of the 6,250 restricted stock units awarded March 30, 2020, the 12,594 restricted stock units awarded March 18, 2021, the 22,523 restricted stock units awarded March 31, 2022, the 27,100 restricted stock units awarded March 21, 2023, the 9,953 restricted stock units awarded March 28, 2024, and the 13,005 restricted stock units awarded November 20, 2024.
(3)	Represents common stock acquired by the vesting of a portion of the 6,250 restricted stock units awarded March 30, 2020, to cover withholding tax obligations.
(4)	On March 30, 2020, the reporting person was granted 6,250 restricted stock units.
(5)	Represents common stock acquired by the vesting of a portion of the 12,594 restricted stock units awarded March 18, 2021, to cover withholding tax obligations.
(6)	On March 18, 2021, the reporting person was granted 12,594 restricted stock units.
(7)	Represents common stock acquired by the vesting of a portion of the 22,523 restricted stock units awarded March 31, 2022, to cover withholding tax obligations.
(8)	On March 31, 2022, the reporting person was granted 22,523 restricted stock units.
(9)	Represents common stock acquired by the vesting of a portion of the 27,100 restricted stock units awarded March 21, 2023, to cover withholding tax obligations.
(10)	On March 21, 2023, the reporting person was granted 27,100 restricted stock units.
(11)	Represents common stock acquired by the vesting of a portion of the 9,953 restricted stock units awarded March 28, 2024, to cover withholding tax obligations.
(12)	On March 28, 2024, the reporting person was granted 9,953 restricted stock units.
(13)	Represents common stock acquired by the vesting of a portion of the 13,005 restricted stock units awarded November 20, 2024, to cover withholding tax obligations.
(14)	On November 20, 2024, the reporting person was granted 13,005 restricted stock units.

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