Bill W. Wheat - 26 Nov 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role: EVP and CFO
Signature: /s/ Bill W. Wheat
Issuer symbol: DHI
Transactions as of: 26 Nov 2023
Net transactions value: -$297,538
Form type: 4
Filing time: 28 Nov 2023, 16:27:13 UTC
Previous filing: 13 Nov 2023
Next filing: 14 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DHI	Common Stock	Options Exercise		+5,930	+2.4%		255,749	26 Nov 2023	Direct	F1
transaction	DHI	Common Stock	Tax liability	$297,538	-2,334	-0.91%	$127.48	253,415	26 Nov 2023	Direct	F2

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	-5,930	-100%	$0.000000^*	0	26 Nov 2023	Common Stock	5,930		Direct	F1, F3

* 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 5,930 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 26, 2018.
F3	On November 26, 2018, the reporting person was granted 29,650 restricted stock units, vesting in five annual installments beginning November 26, 2019.