Michael J. Murray - 29 Oct 2025 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Signature
/s/ Michael J. Murray
Issuer symbol
DHI
Transactions as of
29 Oct 2025
Transactions value $
-$5,532,875
Form type
4
Filing time
31 Oct 2025, 14:10:36 UTC
Previous filing
11 Sep 2025
Next filing
10 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Murray Michael J EVP and COO 1341 HORTON CIRCLE, ARLINGTON /s/ Michael J. Murray 31 Oct 2025 0001621270

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise $0 +71.9K +88.08% $0.00 153K 29 Oct 2025 Direct F1, F2
transaction DHI Common Stock Award $0 +10.6K +6.91% $0.00 164K 29 Oct 2025 Direct F1
transaction DHI Common Stock Tax liability -$5.53M -36.6K -22.32% $151.06 127K 29 Oct 2025 Direct F3, F4
holding DHI Common Stock 250K 29 Oct 2025 Held by Limited Partnership controlled by Mr. Murray and his wife. F4
holding DHI Common Stock 32.3K 29 Oct 2025 Held by Foundation controlled by Mr. Murray and members of his immediate family. 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 -71.9K -100% $0.00 0 29 Oct 2025 Common Stock 71.9K Direct F2
transaction DHI Restricted Stock Unit Award $0 +8.45K $0.00 8.45K 29 Oct 2025 Common Stock 8.45K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents payment or settlement in DHI common stock related to performance bonuses for the period ending September 30, 2025.
F2 Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.
F3 These shares were surrendered to issuer to cover tax obligations of the 82,478 shares of DHI common stock referenced in note 1 above.
F4 Following all transactions on this Form 4, Mr. Murray owns directly 127,457 shares of DHI common stock, indirectly beneficially owns 249,825 shares of DHI common stock and indirectly holds 32,340 shares of DHI common stock.
F5 The restricted stock units vest in five equal annual installments beginning October 29, 2026.