Form 4: D.R. Horton Executive Vice Chair David Auld Reports Stock Transactions
SEC Form 4 Filing
Executive Vice Chair David Auld reports acquisition and disposal of D.R. Horton stock related to a bonus and tax obligations.
Summary
- David Auld, Executive Vice Chair of D.R. Horton, reported transactions involving the company's common stock on April 19, 2024.
- Mr. Auld acquired 9,499 shares as part of a bonus earned for the six-month period ending March 31, 2024.
- He then disposed of 3,738 shares to cover tax obligations related to the bonus.
- Following these transactions, Mr. Auld directly owns 787,295 shares and indirectly holds 211,200 shares through trusts for his children.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices and tax management by a high-level executive.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent standard executive compensation and tax management.
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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