Form 4: D.R. Horton's Executive Chairman David Auld Reports Stock Transactions
SEC Form 4 Filing
David Auld, Executive Chairman of D.R. Horton, reports transactions involving common stock and restricted stock units.
Summary
- On April 21, 2025, David Auld, the Executive Chairman of D.R. Horton, engaged in multiple transactions involving the company's stock.
- He converted 7,899 restricted stock units into common stock.
- Auld also acquired 9,044 shares as part of his bonus for the six months ending March 31, 2025.
- Additionally, 2,923 shares were surrendered to cover tax obligations related to the vesting of restricted stock units.
- Following these transactions, Auld directly owns 890,672 shares and indirectly holds 211,200 shares through trusts for his children.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine compensation and tax-related activities.
Positives
- The receipt of bonus shares indicates positive performance or achievement of targets by Mr. Auld.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/20/2023 | Reporting person was granted 23,698 restricted stock units, vesting in three annual installments beginning April 20, 2024. |
| 04/20/2024 | First vesting date of restricted stock units granted on April 20, 2023. |
| 03/31/2025 | End of the six-month period for which Mr. Auld's bonus was earned. |
| 04/21/2025 | Date of the reported stock transactions, including conversion of restricted stock units and acquisition of bonus shares. |
| 04/22/2025 | Date of signature of the Form 4 filing. |
Keywords
D.R. Horton, DHI, David Auld, Executive Chairman, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Form 4
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