4/A: D.R. Horton Executive Chairman David Auld Gifts Shares to Charity
SEC Form 4/A
David Auld, Executive Chairman of D.R. Horton, reported a gift of 36,000 shares of common stock to an unaffiliated charitable account on December 16, 2020, according to a Form 4/A filing with the SEC.
Summary
- On December 16, 2020, David Auld, the Executive Chairman of D.R. Horton, gifted 36,000 shares of DHI common stock to an unaffiliated charitable account.
- The transaction is detailed in a Form 4/A filing with the SEC.
- Following the transaction, Mr. Auld directly owns 756,271 shares of DHI common stock and indirectly holds 211,200 shares through trusts for his children.
Sentiment
Score: 6
Explanation: The document is a neutral report of a stock transaction. The gift to charity is a positive action, but the overall impact on the company's financial health is negligible.
Management Comments
- Mr. Auld disclaims beneficial ownership of the shares gifted.
Industry Context
Executive stock transactions are common and are often scrutinized by investors for insights into management's perspective on the company's valuation and future prospects. Gifts to charity are generally viewed neutrally.
Stakeholder Impact
- The gift of shares to a charitable organization may have a minor positive impact on the company's public image.
Key Dates
| Date | Description |
|---|---|
| 12/16/2020 | Date of the gift of 36,000 shares to a charitable account. |
| 04/23/2024 | Date of original filing (amendment) |
| 10/30/2024 | Date of signature on the amended form. |
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.