Form 4: D.R. Horton Director Maribess L. Miller Reports Stock Unit Conversion
SEC Form 4 Filing
Director Maribess L. Miller reports the conversion of restricted stock units into D.R. Horton common stock.
Summary
- On March 12, 2025, 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 20,685 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: The document is a routine regulatory filing regarding stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares relative to the company's total outstanding shares.
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. |
| 03/12/2025 | Date of transaction: conversion of 449 restricted stock units into common stock. |
| 03/13/2025 | Date of Form 4 filing. |
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