Form 4: D.R. Horton Director Benjamin Carson Jr. Reports Stock Transaction
SEC Form 4 Filing
Director Benjamin Carson Sr. of D.R. Horton reports the vesting and conversion of restricted stock units into common stock on January 26, 2025.
Summary
- On January 26, 2025, Benjamin Carson Sr., a director of D.R. Horton, reported a transaction involving restricted stock units.
- 1,748 restricted stock units vested and were converted into 1,748 shares of D.R. Horton common stock.
- Following the transaction, Carson directly owns 7,463 shares of D.R. Horton common stock.
- The restricted stock units were granted on January 26, 2022, and vest in three annual installments beginning January 26, 2023.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 01/26/2022 | Reporting person was granted 5,244 restricted stock units, vesting in three annual installments beginning January 26, 2023. |
| 01/26/2023 | First annual installment of restricted stock units begins vesting. |
| 01/26/2025 | Transaction date: 1,748 restricted stock units converted into common stock. |
| 01/28/2025 | Date of signature for the Form 4 filing. |
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