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

Role
Director
Signature
/s/ Donald R. Horton
Issuer symbol
DHI
Transactions as of
23 Mar 2024
Net transactions value
-$762,334
Form type
4
Filing time
26 Mar 2024, 17:05:30 UTC
Previous filing
19 Mar 2024
Next filing
02 Apr 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 +12,732 +213% 18,715 23 Mar 2024 Direct F1
transaction DHI Common Stock Tax liability $762,334 -4,711 -25% $161.82 14,004 23 Mar 2024 Direct F2
transaction DHI Common Stock Gift $0 -5,983 -43% $0.000000 8,021 26 Mar 2024 Direct F3, F4
holding DHI Common Stock 4,294,230 23 Mar 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 -12,732 -53% $0.000000 11,308 23 Mar 2024 Common Stock 12,732 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.