Daniel C. Bartok, born in 1962, is the CEO of Forestar Group Inc. with a degree in accounting from the University of Illinois. He has over 35 years of experience in real estate, significantly shaping the sector through various roles....

Daniel C. Bartok, born in 1962, is the CEO of Forestar Group Inc. with a degree in accounting from the University of Illinois. He has over 35 years of experience in real estate, significantly shaping the sector through various roles. Before joining Forestar in December 2017, he held the position of Executive Vice President at Wells Fargo Bank, focusing on owned real estate. He also founded a successful real estate development company. Daniel led Forestar during its expansion in land development and homebuilding, showcasing his expertise in these areas. Interestingly, his annual compensation peaked at approximately $2.57 million in 2023, consisting mainly of a substantial bonus linked to company performance. As he steps down on January 1, 2024, he transitions into a consulting role, emphasizing the importance of experience and strategic guidance in corporate leadership. His tenure marks a significant period for Forestar, showing a strong connection between leadership and company growth in the competitive real estate landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Forestar Group CEOs

F

Daniel C. Bartok

Ex-CEO of Forestar Group

Education

Degree in accounting from the University of Illinois

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1962 - 63 years ago

CEO of Forestar Group for

6 years 0 months (Dec 2017 - Jan 2024)

Previous Experience

Executive Vice President of Owned Real Estate for Wells Fargo Bank from 2008 to 2017; built a successful real estate development company.

Rivals

Competitors/colleagues of Daniel C. Bartok

T

Cynthia M. M. Dyer

CEO of Taylor Morrison Home Corporation

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$2.62M

Other

$0.00

Total Holdings

$881.55K

M

Phillipe Lord

CEO of Meritage Homes

2022 Compensation

Stock

$17.53M

Salary

$900.00K

Bonus

$5.63M

Other

$62.53K

Total Holdings

$21.04M

T

Douglas C. Yearley, Jr.

CEO of Toll Brothers

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$7.80M

Other

$0.00

Total Holdings

$44.98M

P

Ryan R. Marshall

CEO of Pultegroup

2023 Compensation

Stock

$10.97M

Salary

$1.00M

Bonus

$4.09M

Other

$35.21K

Total Holdings

$73.36M

Holdings

See how much did Daniel C. Bartok make over time.

Daniel Bartok has been actively participating in the stock market since joining Forestar Group. His insider trading activities show a notable increase in his investment over the years. Starting in 2019, his transactions have escalated each year with significant monthly...

Daniel Bartok has been actively participating in the stock market since joining Forestar Group. His insider trading activities show a notable increase in his investment over the years. Starting in 2019, his transactions have escalated each year with significant monthly trades. For instance, in January 2023, he made trades exceeding $900K, peaking in November of the same year, when he reached nearly $2.4 million in trades. This trend reflects his growing confidence in Forestar's market position. The substantial growth in his trading volume indicates not just personal investment but a belief in the long-term potential of the company he leads. Over the last few years, his engagement in stock activities has fluctuated, with an impressive monthly high of $2.36 million in August 2023, showcasing a deep investment strategy aligned with company performance.

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Total Stock Sold

$1.89M

FOR

$1.89M

59,942 FOR shares

What if they kept their stock?

If Daniel C. Bartok didn't sell their stock, today they would have:
Extra FOR59,942 shares worth $959.07K.
This is -49.13% and $926.23K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Daniel C. Bartok.

FOR

$34.23K

FOR at $34.23/share

Dec 27, 2023

Sale

FOR

$32.98K

FOR at $34.75/share

Dec 20, 2023

Sale

FOR

$167.88K

FOR at $31.68/share

Dec 13, 2023

Sale

FOR

$235.08K

FOR at $31.12/share

Dec 12, 2023

Sale

FOR

$311.44K

FOR at $31.14/share

Dec 7, 2023

Sale

FOR

$68.92K

FOR at $31.30/share

Dec 5, 2023

Sale

FOR

$616.63K

FOR at $31.12/share

Dec 1, 2023

Sale

FOR

$408.95K

FOR at $31.17/share

Nov 29, 2023

Sale

FOR

$23.00K

FOR at $11.50/share

Sep 22, 2022

Purchase

FOR

$22.91K

FOR at $12.73/share

Aug 30, 2022

Purchase

Compensation History

See how much did Daniel C. Bartok make over time.

In 2023, Daniel Bartok's total compensation reached about $2.56 million, primarily driven by performance bonuses that reflected both his effectiveness and the company's achievements. His base salary has steadily increased, starting from $300,000 in his first year to $400,000 in 2023. The bonuses are particularly interesting, with over $1.5 million awarded in 2023, significantly tied to company performance metrics. This structure shows how his earnings are closely linked to how well Forestar does in the market. In comparison, his compensation in 2022 was slightly higher at $2.71 million but illustrates the fluctuation one can expect in a role like this from year to year based on performance. Such pay structures are common in competitive fields to encourage Executive performance and maintain alignment with shareholder interests.

Year

2023

Total Compensation

$1.97M

Salary

$400.00K

Board Justification

The compensation philosophy emphasizes alignment with company performance, competitive pay structures, and retention of key executives.

Bonus

$1.55M

Board Justification

Discretionary cash bonuses for fiscal 2023 were determined based on company and individual performance, with two semi-annual payments: $350,000 for the first half and $1,200,000 for the second half.

Other

$19.44K

Board Justification

Includes life insurance premiums, health savings account contributions, and 401(k) matching contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants are included in the total compensation as only vested stock is considered, and the amounts for stock grants are excluded from total calculations.

Performance Metrics

Performance metrics include financial performance, operational performance, and individual performance assessments.

Other Forestar Group CEOs

Here are other CEOs of Forestar Group

Phillip J. Weber

Ex-CEO of Forestar Group

September 2015 - December 2017

Anthony W. Oxley

CEO of Forestar Group

January 2024 - Present