Forestar Group (FOR) executive compensation, 2025 proxy

Anthony W. Oxley, President and Chief Executive Officer, was paid $4.2M in fiscal 2025, up 52% from $2.8M the year before. The CEO-to-median-employee pay ratio was 25:1, on median employee pay of $166,267.

Filed
December 16, 2025
Annual meeting
January 19, 2026
Pay year
fiscal 2025
Named executives
4
CEO total pay
$4.2M+52% vs prior year
CEO to median employee
25:1median $166,267
CEO pay in equity
54%$2.2M in awards
Prior say-on-pay support
97%of votes cast
Consolidated Revenues
$1.7BFor fiscal 2025
Lots Sold
14,240In fiscal 2025
Say-on-Pay Support
97%At 2025 Annual Meeting
Employee Population
433As of September 30, 2025

How Oxley was paid

$4.2M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary12%Stock awards54%Non-equity incentive31%Pension and deferred comp1%All other compensation2%

Named executive officers

ExecutiveTotal
Donald J. TomnitzExecutive Chairman$2,321,969
Anthony W. OxleyPresident and Chief Executive Officer$4,188,576
James D. AllenExecutive Vice President and Chief Financial Officer$1,887,300
Mark S. WalkerExecutive Vice President and Chief Operating Officer$2,575,090

What changed and why

  • $1.7BConsolidated revenues for fiscal 2025 totaled $1.7 billion on 14,240 lots sold.
  • In October 2024, the Compensation Committee established the Executive Cash Incentive Plan and introduced performance-based restricted stock units.
  • 97%Approximately 97% of votes cast in our advisory vote on executive compensation were in favor.
  • $4.2MAnthony W. Oxley received total compensation of $4,188,576 for fiscal 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.