Form 4: D.R. Horton Director Exercises Stock Options
SEC Form 4 Filing
Maribess L. Miller, a director at D.R. Horton, exercised stock options on November 7, 2024, acquiring 1,000 shares of common stock.
Summary
- On November 7, 2024, Maribess L. Miller, a director of D.R. Horton, exercised stock options.
- This transaction resulted in the acquisition of 1,000 shares of D.R. Horton common stock.
- Following the transaction, Miller directly owns 18,488 shares of D.R. Horton common stock.
- The restricted stock units convert into one share of DHI common stock.
- On November 7, 2019, the reporting person was granted 5,000 restricted stock units, vesting in five annual installments beginning November 7, 2020.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating no particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a small change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 11/07/2019 | Reporting person was granted 5,000 restricted stock units, vesting in five annual installments beginning November 7, 2020. |
| 11/07/2020 | First vesting date of restricted stock units granted on November 7, 2019. |
| 11/07/2024 | Director exercised stock options and acquired 1,000 shares of common stock. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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