Michael J. Murray - Apr 21, 2025 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and COO
Signature
/s/ Michael J. Murray
Stock symbol
DHI
Transactions as of
Apr 21, 2025
Transactions value $
-$1,177,723
Form type
4
Date filed
4/22/2025, 04:03 PM
Previous filing
Mar 25, 2025
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 +2.37K +2.79% 87.4K Apr 21, 2025 Direct F1
transaction DHI Common Stock Award $0 +11.3K +12.93% $0.00 98.8K Apr 21, 2025 Direct F2
transaction DHI Common Stock Tax liability -$1.18M -9.79K -9.91% $120.36 89K Apr 21, 2025 Direct F3, F4
holding DHI Common Stock 250K Apr 21, 2025 Held by Limited Partnership controlled by Mr. Murray and his wife. F4
holding DHI Common Stock 31.6K Apr 21, 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 -2.37K -25% $0.00 7.11K Apr 21, 2025 Common Stock 2.37K Direct F1, 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 issued pursuant to Mr. Murray's bonus earned for the six-months ended March 31, 2025.
F3 These shares were surrendered to issuer to cover tax obligations of the 2,370 shares of DHI common stock issued upon the vesting of the restricted stock units awarded April 20, 2023 and Mr. Murray's bonus referenced in note 2 above.
F4 Following all transactions on this Form 4, Mr. Murray owns directly 88,966 shares of DHI common stock, indirectly beneficially owns 249,825 shares of DHI common stock and indirectly holds 31,630 shares of DHI common stock.
F5 On April 20, 2023, the reporting person was granted 11,850 restricted stock units, vesting in five annual installments beginning April 20, 2024.