Form 4: D.R. Horton Director Maribess L. Miller Reports Stock Unit Conversion
SEC Form 4 Filing
Director Maribess L. Miller reported the conversion of restricted stock units into D.R. Horton common stock on January 26, 2025.
Summary
- On January 26, 2025, Maribess L. Miller, a director of D.R. Horton, Inc., reported a transaction involving the conversion of restricted stock units into common stock.
- The transaction involved the conversion of 1,748 restricted stock units into an equal number of shares of D.R. Horton common stock.
- Following the reported transaction, Miller directly owns 20,236 shares of D.R. Horton common stock.
- The restricted stock units were granted on January 26, 2022, and vest in three annual installments starting January 26, 2023.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies like D.R. Horton.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine conversion of stock units.
Key Dates
| Date | Description |
|---|---|
| 01/26/2022 | Reporting person was granted 5,244 restricted stock units. |
| 01/26/2023 | First annual installment of restricted stock units vested. |
| 01/26/2025 | Conversion of 1,748 restricted stock units into common stock. |
| 01/28/2025 | Date of Form 4 signature. |
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