Form 4: D.R. Horton Director Maribess L. Miller Reports Stock Unit Conversion
SEC Form 4 Filing
Director Maribess L. Miller converted restricted stock units into D.R. Horton common stock on March 12, 2024.
Summary
- On March 12, 2024, Maribess L. Miller, a director of D.R. Horton, converted 449 restricted stock units into 449 shares of D.R. Horton common stock.
- Following the transaction, Miller directly owns 16,922 shares of D.R. Horton common stock.
- The restricted stock units were granted on March 12, 2020, and vested in five annual installments starting March 12, 2021.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/12/2020 | Reporting person was granted 2,245 restricted stock units, vesting in five annual installments beginning March 12, 2021. |
| 03/12/2021 | First vesting date of restricted stock units granted on March 12, 2020. |
| 03/12/2024 | Director converted 449 restricted stock units into common stock. |
| 03/14/2024 | Date of signature for the Form 4 filing. |
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