Michael J. Murray - Nov 8, 2024 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and COO
Signature
/s/ Michael J. Murray
Stock symbol
DHI
Transactions as of
Nov 8, 2024
Transactions value $
-$139,083
Form type
4
Date filed
11/12/2024, 04:33 PM
Previous filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +2.09K +2.64% 81.3K Nov 8, 2024 Direct F1
transaction DHI Common Stock Tax liability -$139K -824 -1.01% $168.79 80.5K Nov 8, 2024 Direct F2, F3
holding DHI Common Stock 250K Nov 8, 2024 Held by Limited Partnership controlled by Mr. Murray and his wife. F3
holding DHI Common Stock 31.6K Nov 8, 2024 Held by Foundation controlled by Mr. Murray and members of his immediate family. 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 -2.09K -20% $0.00 8.38K Nov 8, 2024 Common Stock 2.09K 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 2,094 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 8, 2023.
F3 Following all transactions on this Form 4, Mr. Murray owns directly 80,485 shares of DHI common stock, indirectly beneficially owns 249,825 shares of DHI common stock and indirectly holds 31,630 shares of DHI common stock.
F4 On November 8, 2023, the reporting person was granted 10,470 restricted stock units, vesting in five annual installments beginning November 8, 2024.