Form 4: D.R. Horton Director Bradley S. Anderson Reports Stock Unit Conversion
SEC Form 4 Filing
Director Bradley S. Anderson reported the conversion of restricted stock units into common stock of D.R. Horton on March 17, 2024.
Summary
- On March 17, 2024, Bradley S. Anderson, a director of D.R. Horton, converted 203 restricted stock units into common stock.
- This transaction increased Anderson's direct holdings to 32,608 shares of D.R. Horton common stock.
- The restricted stock units were part of a grant made on March 17, 2021, which vested in five annual installments starting March 17, 2022.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock unit conversion, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/17/2021 | Reporting person was granted 1,015 restricted stock units, vesting in five annual installments beginning March 17, 2022. |
| 03/17/2022 | First vesting date of restricted stock units. |
| 03/17/2024 | Conversion of 203 restricted stock units into common stock. |
| 03/19/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.