FORESTAR GROUP INC

Ticker: FOR CUSIP: 346232101 Class: Common Stock

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 105,354 Value ($000) $2,595 Avg Close $25.50 Range $22.81 - $29.44

Q3 2025

Shares 49,765 Value ($000) $1,323 Avg Close $25.63 Range $19.88 - $29.26

Q2 2024

Shares 102,840 Value ($000) $3,290 Avg Close $33.84 Range $30.28 - $40.86

Q1 2024

Shares 198,940 Value ($000) $7,995 Avg Close $33.96 Range $30.25 - $40.92

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	105,354	$2,595	$25.50	$22.81 - $29.44
Q3 2025	49,765	$1,323	$25.63	$19.88 - $29.26
Q2 2024	102,840	$3,290	$33.84	$30.28 - $40.86
Q1 2024	198,940	$7,995	$33.96	$30.25 - $40.92