DHI.NYSEHorton D R INC /DE/

Form 4: D.R. Horton EVP and CFO Bill W. Wheat Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Bill W. Wheat, EVP and CFO of D.R. Horton, reports the vesting of restricted stock units and subsequent tax obligation fulfillment through share surrender.

Summary

  • On March 17, 2024, Bill W. Wheat, the EVP and CFO of D.R. Horton, had restricted stock units vest.
  • 2,232 shares of DHI common stock were issued upon the vesting of these restricted stock units.
  • Wheat surrendered 879 shares to cover tax obligations at a price of $151.69 per share.
  • Following these transactions, Wheat directly owns 257,741 shares of D.R. Horton common stock and 4,464 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • Shareholders are informed about the stock transactions of a key executive, providing transparency into insider activity.

Key Dates

DateDescription
03/17/2021Reporting person was granted 11,160 restricted stock units, vesting in five annual installments beginning March 17, 2022.
03/17/2022First vesting date of restricted stock units granted on March 17, 2021.
03/17/2024Restricted stock units vested, and shares were surrendered for tax obligations.
03/19/2024Date of signature on the Form 4 filing.

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.