DONALD R. HORTON - 01 Dec 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
Director
Signature
/s/ Donald R. Horton
Issuer symbol
DHI
Transactions as of
01 Dec 2023
Transactions value $
-$581,542
Form type
4
Filing time
05 Dec 2023, 16:56:54 UTC
Previous filing
13 Nov 2023
Next filing
19 Mar 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 +4.44K 4.44K 01 Dec 2023 Direct F1
transaction DHI Common Stock Tax liability -$582K -4.44K -100% $130.86 0 01 Dec 2023 Direct F2, F3
holding DHI Common Stock 4.29M 01 Dec 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 Options Exercise $0 -884 -3.73% $0.00 22.8K 01 Dec 2023 Common Stock 884 Direct F1, F4, F5
transaction DHI Restricted Stock Unit Options Exercise $0 -3.56K -3.73% $0.00 91.9K 01 Dec 2023 Common Stock 3.56K Direct F1, F6, F7
* 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 23,698 restricted stock units awarded April 20, 2023 and the 95,435 restricted stock units awarded November 8, 2023.
F3 Following all transactions listed on this Form 4, Mr. Horton does not directly hold any shares of DHI common stock and indirectly beneficially owns 4,288,247 shares of DHI common stock.
F4 Represents common stock acquired by the vesting of a portion of the 23,698 restricted stock units awarded April 20, 2023 to cover withholding tax obligations.
F5 On April 20, 2023, the reporting person was granted 23,698 restricted stock units.
F6 Represents common stock acquired by the vesting of a portion of the 95,435 restricted stock units awarded November 8, 2023 to cover withholding tax obligations.
F7 On November 8, 2023, the reporting person was granted 95,435 restricted stock units.