DONALD R. HORTON - 18 Apr 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
Chairman, Director
Signature
/s/ Donald R. Horton
Issuer symbol
DHI
Transactions as of
18 Apr 2023
Transactions value $
-$988,694
Form type
4
Filing time
20 Apr 2023, 17:36:49 UTC
Previous filing
31 Mar 2023
Next filing
18 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Award $0 +24.6K $0.00 24.6K 18 Apr 2023 Direct F1
transaction DHI Common Stock Tax liability -$989K -9.68K -39.35% $102.18 14.9K 18 Apr 2023 Direct F2, F3
holding DHI Common Stock 2.92M 18 Apr 2023 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 Award $0 +23.7K $0.00 23.7K 20 Apr 2023 Common Stock 23.7K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued pursuant to Mr. Horton's bonus earned for the six-months ended March 31, 2023.
F2 These shares were surrendered to issuer to cover tax obligations of the 24,589 shares referenced in note 1 above.
F3 Following all transactions listed on this Form 4, Mr. Horton owns directly 14,913 shares of DHI common stock and indirectly beneficially owns 2,916,629 shares of DHI common stock.
F4 Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.
F5 The restricted stock units vest in three equal annual installments beginning April 20, 2024.