Aron M. Odom - 21 Mar 2024 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Signature
/s/ Aron M. Odom
Issuer symbol
DHI
Transactions as of
21 Mar 2024
Transactions value $
$-39,382
Form type
4
Filing time
25 Mar 2024, 16:52:34 UTC
Previous filing
19 Mar 2024
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +620 +9.47% 7,164 21 Mar 2024 Direct F1
transaction DHI Common Stock Tax liability $-39,382 -244 -3.41% $161.40 6,920 21 Mar 2024 Direct F2

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 -620 -20% $0.000000 2,480 21 Mar 2024 Common Stock 620 Direct F1, F3
transaction DHI Restricted Stock Unit Award $0 +2,170 $0.000000 2,170 21 Mar 2024 Common Stock 2,170 Direct F4, F5
* 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 620 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 21, 2023.
F3 On March 21, 2023, the reporting person was granted 3,100 restricted stock units, vesting in five annual installments beginning March 21, 2024.
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 five equal annual installments beginning March 21, 2025.