Donald R. Horton - Mar 23, 2024 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
Director
Signature
/s/ Donald R. Horton
Stock symbol
DHI
Transactions as of
Mar 23, 2024
Transactions value $
-$762,334
Form type
4
Date filed
3/26/2024, 05:05 PM
Previous filing
Mar 19, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +12.7K +212.8% 18.7K Mar 23, 2024 Direct F1
transaction DHI Common Stock Tax liability -$762K -4.71K -25.17% $161.82 14K Mar 23, 2024 Direct F2
transaction DHI Common Stock Gift $0 -5.98K -42.72% $0.00 8.02K Mar 26, 2024 Direct F3, F4
holding DHI Common Stock 4.29M Mar 23, 2024 Held by The Horton Family Revocable Trust. F4

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 -12.7K -52.96% $0.00 11.3K Mar 23, 2024 Common Stock 12.7K Direct F1, F5
* 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 12,732 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 23, 2022.
F3 Ownership of shares converted from Donald R. Horton to The Horton Family Revocable Trust for tax and estate planning purposes.
F4 Following all transactions listed on this Form 4, Mr. Horton owns directly 8,021 shares of DHI common stock and indirectly beneficially owns 4,294,230 shares of DHI common stock.
F5 On March 23, 2022, the reporting person was granted 38,197 restricted stock units, vesting in three annual installments beginning March 23, 2023.