Form 4: D.R. Horton Director Maribess L. Miller Reports Stock Unit Conversion
SEC Form 4
Director Maribess L. Miller reports the conversion of restricted stock units into D.R. Horton common stock.
Summary
- On March 17, 2025, Maribess L. Miller, a director of D.R. Horton, converted 203 restricted stock units into 203 shares of D.R. Horton common stock.
- Following the transaction, Miller directly owns 20,888 shares of D.R. Horton common stock.
- Miller also directly owns 203 derivative securities.
- The restricted stock units were granted on March 17, 2021, and vest in five annual installments beginning March 17, 2022.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider holdings.
- The conversion of stock units has a negligible impact on the overall capital structure of the company.
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. |
| 03/17/2025 | Date of transaction: conversion of 203 restricted stock units into common stock. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, D.R. Horton, Director, Stock Units, Beneficial Ownership, DHI, Miller, Conversion
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