Form 4: D.R. Horton EVP and COO Michael Murray Reports Changes in Beneficial Ownership

Michael Murray, EVP and COO of D.R. Horton, reports changes in his beneficial ownership of the company's common stock, including a gift of shares by a foundation he controls.

Summary

• Michael Murray, the EVP and COO of D.R. Horton, filed a Form 4 detailing changes in his beneficial ownership of DHI common stock.
• As of May 9, 2024, Murray directly owns 44,413 shares of DHI common stock.
• He indirectly beneficially owns 249,825 shares through a limited partnership controlled by him and his wife.
• Additionally, he indirectly holds 28,057 shares through a foundation controlled by him and his immediate family.
• On May 9, 2024, the foundation gifted 1,000 shares of DHI common stock to an outside entity, and Murray disclaims beneficial ownership of these gifted shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard reporting requirements for insider transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on market sentiment.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key executive.

Key Dates