Michael J. Murray - Nov 20, 2025 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and COO
Signature
/s/ Michael J. Murray
Stock symbol
DHI
Transactions as of
Nov 20, 2025
Transactions value $
-$84,589
Form type
4
Date filed
11/21/2025, 03:02 PM
Previous filing
Nov 10, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Murray Michael J EVP and COO 1341 HORTON CIRCLE, ARLINGTON /s/ Michael J. Murray 2025-11-21 0001621270

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +1.56K +1.21% 130K Nov 20, 2025 Direct F1
transaction DHI Common Stock Tax liability -$84.6K -616 -0.47% $137.32 130K Nov 20, 2025 Direct F2, F3
holding DHI Common Stock 250K Nov 20, 2025 Held by Limited Partnership controlled by Mr. Murray and his wife. F3
holding DHI Common Stock 32.3K Nov 20, 2025 Held by Foundation controlled by Mr. Murray and members of his immediate family. F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DHI Restricted Stock Unit Options Exercise $0 -1.56K -20% $0.00 6.26K Nov 20, 2025 Common Stock 1.56K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converts into one share of DHI common stock.
F2 These shares were surrendered to issuer to cover tax obligations of the 1,564 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 20, 2024.
F3 Following all transactions on this Form 4, Mr. Murray owns directly 129,675 shares of DHI common stock, indirectly beneficially owns 249,825 shares of DHI common stock and indirectly holds 32,340 shares of DHI common stock.
F4 On November 20, 2024, the reporting person was granted 7,820 restricted stock units, vesting in five annual installments beginning November 20, 2025.