Form 4: D.R. Horton Director Michael Buchanan Reports Stock Transactions
SEC Form 4
Director Michael Buchanan reports the vesting of restricted stock units and subsequent ownership of D.R. Horton common stock.
Summary
- Michael R. Buchanan, a director of D.R. Horton, Inc., filed a Form 4 on March 19, 2025, reporting changes in beneficial ownership of the company's stock.
- On March 17, 2025, 203 restricted stock units vested, converting into 203 shares of D.R. Horton common stock.
- Following the transaction, Mr. Buchanan directly owns 3,887 shares of D.R. Horton common stock.
- He also indirectly holds 8,136 shares through his wife.
- The restricted stock units were granted on March 17, 2021, and vest in five annual installments starting March 17, 2022.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/17/2021 | Grant date of 1,015 restricted stock units, vesting in five annual installments. |
| 03/17/2022 | First annual installment vesting date for the restricted stock units. |
| 03/17/2025 | Transaction date: 203 restricted stock units vested. |
| 03/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, D.R. Horton, Stock, Michael Buchanan, Director, Beneficial Ownership, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.