Form 4: D.R. Horton Director Benjamin Carson Jr. Reports Stock Unit Conversion
SEC Form 4 Filing
Director Benjamin Carson Jr. converted restricted stock units into D.R. Horton common stock on April 21, 2025.
Summary
- On April 21, 2025, Benjamin Carson Jr., a director of D.R. Horton, converted restricted stock units into common stock.
- He converted 544 restricted stock units, which were part of a grant from April 20, 2021, vesting in five annual installments starting April 20, 2022.
- Additionally, he converted 139 restricted stock units from a grant on April 20, 2023, vesting in five annual installments beginning April 20, 2024.
- Following these transactions, Carson directly owns 8,463 shares of D.R. Horton common stock and 417 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, with neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The conversion of restricted stock units has a minimal impact on shareholders as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 04/20/2021 | Reporting person was granted 2,720 restricted stock units, vesting in five annual installments beginning April 20, 2022. |
| 04/20/2023 | Reporting person was granted 695 restricted stock units, vesting in five annual installments beginning April 20, 2024. |
| 04/21/2025 | Benjamin Carson Jr. converted restricted stock units into common stock. |
| 04/22/2025 | Date of signature for the Form 4 filing. |
Keywords
D.R. Horton, Director, Stock Units, Conversion, Beneficial Ownership, Form 4, DHI, Securities
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