Bill W. Wheat - Apr 21, 2025 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and CFO
Signature
/s/ Bill W. Wheat
Stock symbol
DHI
Transactions as of
Apr 21, 2025
Transactions value $
-$930,985
Form type
4
Date filed
4/22/2025, 04:05 PM
Previous filing
Mar 31, 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 +1.58K +0.53% 297K Apr 21, 2025 Direct F1
transaction DHI Common Stock Award $0 +9.04K +3.04% $0.00 306K Apr 21, 2025 Direct F2
transaction DHI Common Stock Tax liability -$931K -7.74K -2.52% $120.36 299K Apr 21, 2025 Direct 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 -1.58K -25% $0.00 4.74K Apr 21, 2025 Common Stock 1.58K 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 issued pursuant to Mr. Wheat's bonus earned for the six-months ended March 31, 2025.
F3 These shares were surrendered to issuer to cover tax obligations of the 1,580 shares of DHI common stock issued upon the vesting of the restricted stock units awarded April 20, 2023 and Mr. Wheat's bonus referenced in note 2 above.
F4 On April 20, 2023, the reporting person was granted 7,900 restricted stock units, vesting in five annual installments beginning April 20, 2024.