Form 4: D.R. Horton Executive Chairman David Auld Reports Stock Transactions

David Auld, Executive Chairman of D.R. Horton, reports the vesting of restricted stock units and subsequent transactions involving DHI common stock.

Summary

• On March 23, 2025, David Auld, the Executive Chairman of D.R. Horton, had 11,308 restricted stock units vest, which converted into an equal number of DHI common stock shares.
• Auld surrendered 3,020 shares to cover tax obligations related to the vesting at a price of $128.84 per share.
• Following these transactions, Auld directly owns 876,652 shares of DHI common stock and indirectly holds 211,200 shares through trusts for his children.

Sentiment

Score: 5

Explanation: This is a routine transaction report, neither particularly positive nor negative.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like D.R. Horton.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time, aligning executive interests with shareholder value.
• The practice of surrendering shares to cover tax obligations upon vesting is a standard procedure.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

D.R. Horton, DHI, David Auld, Executive Chairman, Form 4, Stock Transaction, Restricted Stock Units, Beneficial Ownership