Form 4: D.R. Horton EVP and COO Michael Murray Reports Stock Transactions
SEC Form 4 Filing
Michael Murray, EVP and COO of D.R. Horton, reports the vesting of restricted stock units and subsequent tax-related share surrender.
Summary
- On March 23, 2025, Michael Murray, the EVP and COO of D.R. Horton, exercised restricted stock units, converting 3,819 units into shares of DHI common stock.
- He then surrendered 1,503 shares to cover tax obligations related to the vesting of these units.
- The price per share for the tax obligation was $128.84.
- Following these transactions, Murray directly owns 85,076 shares, indirectly owns 249,825 shares through a limited partnership, and indirectly holds 31,630 shares through a foundation.
- The restricted stock units stemmed from a grant on March 23, 2022, of 19,098 units, vesting in five annual installments.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider stock transactions, which are common for executives at publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/23/2022 | Reporting person was granted 19,098 restricted stock units, vesting in five annual installments beginning March 23, 2023. |
| 03/23/2023 | First vesting date of restricted stock units granted on March 23, 2022. |
| 03/23/2025 | Restricted stock units converted into common stock; shares surrendered for tax obligations. |
| 03/25/2025 | Date of Form 4 filing. |
Keywords
D.R. Horton, DHI, Michael Murray, restricted stock units, Form 4, insider trading, stock transaction, EVP, COO
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.