DFH Dream Finders Homes, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q1 2026: $7M, Q3 2025: $5M, Q2 2025: $2M, Q1 2025: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $7M vs trailing avg $2M (+213%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-332M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $3M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 18934666.2x more than bought. 1 C-suite officers among sellers

• Zalupski Patrick O. (President and CEO) sold 7,443 shares on 2025-10-01
• Zalupski Patrick O. (President and CEO) sold 6,794 shares on 2025-10-02
• Zalupski Patrick O. (President and CEO) sold 10,720 shares on 2025-09-15
• Zalupski Patrick O. (President and CEO) sold 11,143 shares on 2025-09-16
• Zalupski Patrick O. (President and CEO) sold 6,628 shares on 2025-09-03
• Zalupski Patrick O. (President and CEO) sold 931 shares on 2025-09-03
• Zalupski Patrick O. (President and CEO) sold 11,564 shares on 2025-09-04
• Zalupski Patrick O. (President and CEO) sold 3 shares on 2025-09-04
• Zalupski Patrick O. (President and CEO) sold 5,686 shares on 2025-08-26
• Zalupski Patrick O. (President and CEO) sold 5,259 shares on 2025-08-27