Donald R. Horton - Aug 11, 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Signature
/s/ Donald R. Horton
Stock symbol
DHI
Transactions as of
Aug 11, 2023
Transactions value $
$0
Form type
4
Date filed
8/15/2023, 04:10 PM
Previous filing
May 18, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Other $0 +1.13M +38.54% $0.00 4.06M Aug 11, 2023 Held by The Horton Family Revocable Trust. F1, F2
holding DHI Common Stock 0 Aug 11, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 11, 2023, the Horton Family Limited Partnership II (HFLP II) transferred an aggregate of 1,129,924 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 The Horton Family Revocable Trust 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 Horton Family Limited Partnership to each of the four irrevocable trusts in connection with estate and tax planning transactions for the Horton family.
F2 Following all transactions listed on this Form 4, Mr. Horton indirectly beneficially owns 4,061,466 shares and does not directly hold any shares of DHI common stock.