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Executive ChangeItem 5.02 · 8-KHIGH RiskNeutral

BEAZER HOMES USA INC

A senior executive or director joined, left, or changed roles. An 8-K is the notice a US public company must file within four business days of a major event.

beazer.com
Filed: Oct 11, 2023Atlanta, GeorgiaCIK: 0000915840Energy
Full company profileView on SEC.gov

AI Executive Summary

AI-powered analysis of 8-K filing content

Beazer Homes USA became a wholly owned subsidiary of Dream Finders Homes after Merger Sub merged into the company, with shareholders receiving $33.50 per share in cash. The closing also replaced the board, terminated the credit agreement, and redeemed the $350 million 7.250% Senior Notes due 2029.

Key Takeaways

Each outstanding Beazer Homes share was converted into the right to receive $33.50 in cash, without interest, subject to required withholding taxes.

The $350 million 7.250% Senior Notes due 2029 were redeemed in full, with Parent depositing funds with the trustee, and the credit agreement dated October 13, 2022 was repaid and terminated.

2 more takeaways

Related Filings (4)

4 more filings from BEAZER HOMES USA INC in the last 90 days

Filing Overview

Form Type8-K
Filing DateOct 11, 2023
Item5.02
CategoryExecutive Change
CIK0000915840
Accession #0001104659-26-117198
Risk LevelHIGH
SentimentNeutral
Signalinformational
Topics
acquisitionboard changedebt financing

What This Means

A senior executive (CEO, CFO, etc.) has joined, departed, or changed roles. Leadership changes can significantly impact strategy.
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BEAZER HOMES USA INC filed with the SEC. Fundz turns 8-K material events into an alert with the right executive attached.

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