Form 4: D.R. Horton's CEO Paul Romanowski Reports Stock Transactions
SEC Form 4 Filing
D.R. Horton's CEO, Paul J. Romanowski, reports the vesting of restricted stock units and subsequent tax obligation fulfillment through share surrender.
Summary
- On March 17, 2025, Paul J. Romanowski, the President and CEO of D.R. Horton, Inc., reported transactions involving DHI common stock.
- Specifically, 1,734 restricted stock units vested and converted into an equal number of common shares.
- Romanowski surrendered 683 shares to cover tax obligations related to the vesting at a price of $127.06 per share.
- Following these transactions, Romanowski directly owns 141,800 shares of DHI common stock and 1,734 restricted stock units.
- The restricted stock units stem from a grant on March 17, 2021, of 8,670 units, vesting in five annual installments starting March 17, 2022.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key company personnel.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/17/2021 | Reporting person was granted 8,670 restricted stock units, vesting in five annual installments beginning March 17, 2022. |
| 03/17/2022 | First annual installment of restricted stock units began vesting. |
| 03/17/2025 | 1,734 restricted stock units vested and 683 shares were surrendered for tax obligations. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
D.R. Horton, DHI, Romanowski, Stock, Restricted Stock Units, Vesting, Form 4, SEC
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