Form 4: D.R. Horton Director Transfers Shares to Family Trust for Estate Planning

Donald R. Horton, a director at D.R. Horton, Inc., transferred 4,976 shares of common stock to The Horton Family Revocable Trust for tax and estate planning purposes.

Summary

• On April 26, 2024, Donald R. Horton, a director of D.R. Horton, Inc. (DHI), transferred 4,976 shares of DHI common stock to The Horton Family Revocable Trust.
• The transaction was executed for tax and estate planning purposes.
• Following the transaction, Mr. Horton directly holds no shares of DHI common stock.
• He indirectly beneficially owns 4,307,227 shares through The Horton Family Revocable Trust.

Sentiment

Score: 7

Explanation: The document reflects a neutral event (transfer of shares for estate planning). It doesn't indicate positive or negative sentiment regarding the company's performance, but rather a personal financial decision by a director.

Industry Context

This transaction is a routine personal financial planning move by a company director and does not directly reflect on D.R. Horton's operational performance or market position.

Related Party Transactions

• The transfer of shares to The Horton Family Revocable Trust constitutes a related party transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on D.R. Horton's stakeholders, as it is a personal financial matter for the director.

Key Dates