Form 4: D.R. Horton Director Barbara Allen Reports Stock Transactions
SEC Form 4 Filing
Director Barbara K. Allen reported the vesting of restricted stock units and subsequent sale of shares of D.R. Horton (DHI) common stock.
Summary
- On April 20, 2024, Director Barbara K. Allen vested 139 restricted stock units, each convertible into one share of D.R. Horton (DHI) common stock.
- These units were part of a grant of 695 restricted stock units awarded on April 20, 2023, vesting in five annual installments.
- On April 23, 2024, Allen sold 363 shares of DHI common stock at a price of $148.46 per share.
- Following these transactions, Allen directly owns 5,650 shares of DHI common stock and 556 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by a company director, with no inherent positive or negative implications.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of D.R. Horton's directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 04/20/2023 | Reporting person was granted 695 restricted stock units, vesting in five annual installments beginning April 20, 2024. |
| 04/20/2024 | 139 restricted stock units vested. |
| 04/23/2024 | 363 shares of D.R. Horton common stock sold at $148.46 per share. |
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