Form 4: D.R. Horton Executive Vice Chair David Auld Sells $3.9 Million in Company Stock

David Auld, Executive Vice Chair of D.R. Horton, sold 25,000 shares of common stock at an average price of $156.3296 on March 20, 2024.

Summary

• On March 20, 2024, David Auld, the Executive Vice Chair of D.R. Horton, sold 25,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $156.3296 per share, with individual prices ranging from $155.91 to $156.61.
• Following the transaction, Mr. Auld directly owns 773,121 shares of D.R. Horton common stock.
• He also indirectly owns 211,200 shares held in trusts for his children.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.

Key Dates