Form 4: D.R. Horton EVP and CFO Bill Wheat Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bill Wheat, EVP and CFO of D.R. Horton, reports acquisition of shares through a bonus and subsequent disposal to cover tax obligations.
Summary
- On April 19, 2024, Bill Wheat, EVP and CFO of D.R. Horton, acquired 9,499 shares of common stock as part of a bonus earned for the six-months ended March 31, 2024.
- On the same day, Mr. Wheat disposed of 7,473 shares to cover tax obligations related to the bonus.
- Following these transactions, Mr. Wheat beneficially owns 261,304 shares of D.R. Horton common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | End of the six-month period for which the bonus was earned. |
| 04/19/2024 | Date of the stock acquisition and disposal transactions. |
| 04/22/2024 | Date of signature on the Form 4 filing. |
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