Form 4: D.R. Horton Director Benjamin Carson Jr. Reports Stock Unit Conversion
SEC Form 4 Filing
Director Benjamin Carson Jr. of D.R. Horton reported the conversion of restricted stock units into common stock on March 30, 2025.
Summary
- On March 30, 2025, Benjamin Carson Jr., a director of D.R. Horton, converted 224 restricted stock units into common stock.
- This transaction is reported on a Form 4 filing with the SEC.
- Following the transaction, Carson directly owns 7,780 shares of D.R. Horton common stock.
- The reported transaction involved the conversion of restricted stock units previously granted on March 30, 2022, which vest in five annual installments beginning March 30, 2023.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock unit conversion, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 03/30/2022 | Reporting person was granted 1,120 restricted stock units, vesting in five annual installments beginning March 30, 2023. |
| 03/30/2023 | Start date of the five annual installments for vesting of the 1,120 restricted stock units granted on March 30, 2022. |
| 03/30/2025 | Date of transaction where 224 restricted stock units were converted into common stock. |
| 03/31/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, D.R. Horton, Director, Stock Conversion, Restricted Stock Units, Beneficial Ownership, SEC Filing
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