NYSE Files Form 25 to Delist Beazer Homes Common Stock

What happened

The New York Stock Exchange filed a Form 25 with the Securities and Exchange Commission on Oct. 20, 2026 to strike Beazer Homes USA Inc.'s common stock from listing and registration on the exchange, according to the filing. The filing identifies the security as 'Common Stock' and the issuer as Beazer Homes USA Inc., an Atlanta-based homebuilder.

The filing does not state a reason for the delisting. It lists several rule provisions — 17 CFR 240.12d2-2(a)(1) through (a)(4) — and box provisions for exchange-initiated and issuer-initiated removal, but the text as provided does not indicate which provision was relied upon or what triggered the action.

Beazer shares closed at $33.48 on the event date, up 0.09% from the prior close of $33.45, according to price data.

The company

Beazer Homes USA Inc. is a homebuilder. Its most recent annual revenue was $2.37 billion for the period ended Sept. 30, 2025. Its principal executive offices are in Atlanta, Georgia, according to the filing.

What this means

A Form 25 is the notification filed with the SEC to remove a security from an exchange listing and from registration under Section 12(b) of the Securities Exchange Act of 1934. Either the exchange or the issuer can file one; here, the NYSE filed it, signed by analyst Nadia Surges.

This matters because Form 25 filings cover two very different situations. When the security is debt — notes, bonds, debentures — a Form 25 usually means the debt is being repaid at maturity, which is routine. When the security is common stock, as here, a Form 25 means the shares themselves are being removed from the exchange. The filing provided does not distinguish among the possible triggers: a company-initiated withdrawal, an exchange-initiated action, or a failure to meet listing standards.

Removal from listing means the shares would no longer trade on the NYSE. The filing does not say whether the company intends to list the shares on another exchange, move them to over-the-counter trading, or something else, and it does not specify an effective date for the removal beyond the filing date.

Because the filing does not state a cause, no reason for the delisting can be reported from these sources.