Donald R. Horton - 20 Apr 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
20 Apr 2024
Net transactions value
-$415,621
Form type
4
Filing time
23 Apr 2024, 16:36:54 UTC
Previous filing
02 Apr 2024
Next filing
29 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 +7,899 7,899 20 Apr 2024 Direct F1
transaction DHI Common Stock Tax liability $415,621 -2,923 -37% $142.19 4,976 20 Apr 2024 Direct F2, F3
holding DHI Common Stock 4,302,251 20 Apr 2024 Held by The Horton Family Revocable Trust. 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 -7,899 -35% $0.000000 14,915 20 Apr 2024 Common Stock 7,899 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 7,899 shares of DHI common stock issued upon the vesting of the restricted stock units awarded April 20, 2023.
F3 Following all transactions listed on this Form 4, Mr. Horton owns directly 4,976 shares of DHI common stock and indirectly beneficially owns 4,302,251 shares of DHI common stock.
F4 On April 20, 2023, the reporting person was granted 23,698 restricted stock units, vesting in three annual installments beginning April 20, 2024.