(DHI)

Role: Chairman, Director
Signature: /s/ Donald R. Horton
Stock symbol: DHI
Transactions as of: May 11, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/13/2021, 05:49 PM
Next filing: Aug 27, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DHI	Common Stock	Other		+4.47M			4.47M	May 11, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On May 10, 2021, the Horton Family Limited Partnership (HFLP) transferred an aggregate of 4,467,616 shares of D.R. Horton, Inc. common stock (the DHI Shares) in equal amounts to four irrevocable trusts (the Trusts) established for the benefit of each of the four grandchildren of Donald R. Horton and his wife, Martha Elizabeth Horton, and then the Trusts delivered the DHI Shares to Donald R. Horton and Martha Elizabeth Horton as partial repayment of previously contracted debt in the form of a promissory note issued to Mr. and Mrs. Horton in connection with the sale on October 30, 2020 of limited partner interests in the HFLP to each of the four irrevocable trusts in connection with estate and tax planning transactions for the Horton family.

Content

On May 10, 2021, the Horton Family Limited Partnership (HFLP) transferred an aggregate of 4,467,616 shares of D.R. Horton, Inc. common stock (the DHI Shares) in equal amounts to four irrevocable trusts (the Trusts) established for the benefit of each of the four grandchildren of Donald R. Horton and his wife, Martha Elizabeth Horton, and then the Trusts delivered the DHI Shares to Donald R. Horton and Martha Elizabeth Horton as partial repayment of previously contracted debt in the form of a promissory note issued to Mr. and Mrs. Horton in connection with the sale on October 30, 2020 of limited partner interests in the HFLP to each of the four irrevocable trusts in connection with estate and tax planning transactions for the Horton family.