Michael J. Murray - 12 Mar 2024 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Signature
/s/ Michael J. Murray
Issuer symbol
DHI
Transactions as of
12 Mar 2024
Transactions value $
-$305,529
Form type
4
Filing time
14 Mar 2024, 16:31:20 UTC
Previous filing
18 Dec 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +4.95K +14.66% 38.7K 12 Mar 2024 Direct F1
transaction DHI Common Stock Tax liability -$306K -1.98K -5.1% $154.62 36.7K 12 Mar 2024 Direct F2, F3
holding DHI Common Stock 250K 12 Mar 2024 Held by Limited Partnership controlled by Mr. Murray and his wife. F3
holding DHI Common Stock 29.1K 12 Mar 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 -4.95K -50% $0.00 4.95K 12 Mar 2024 Common Stock 4.95K 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 4,949 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 12, 2020.
F3 Following all transactions on this Form 4, Mr. Murray owns directly 36,742 shares of DHI common stock, indirectly beneficially owns 249,825 shares of DHI common stock and indirectly holds 29,057 shares of DHI common stock.
F4 On March 12, 2020, the reporting person was granted 24,745 restricted stock units, vesting in five annual installments beginning March 12, 2021.