Form 4: D.R. Horton Director Michael Buchanan Reports Stock Transactions
SEC Form 4 Filing
Director Michael Buchanan reports the vesting of restricted stock units and subsequent ownership of D.R. Horton common stock.
Summary
- On March 30, 2025, Michael Buchanan, a director of D.R. Horton, Inc., reported a transaction involving restricted stock units.
- 224 restricted stock units converted into 224 shares of D.R. Horton common stock.
- Following the transaction, Mr. Buchanan directly owns 4,204 shares of D.R. Horton common stock.
- Mr. Buchanan also indirectly holds 8,136 shares of D.R. Horton common stock through his wife.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative implications.
Industry Context
This Form 4 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 ownership.
Key Dates
| Date | Description |
|---|---|
| 03/30/2022 | Reporting person was granted 1,120 restricted stock units, vesting in five annual installments beginning March 30, 2023. |
| 03/30/2023 | First vesting date of restricted stock units granted on March 30, 2022. |
| 03/30/2025 | Date of transaction: 224 restricted stock units converted into common stock. |
| 03/31/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, D.R. Horton, Director, Stock Transaction, Michael Buchanan, Restricted Stock Units, DHI
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