Michael J. Murray - Oct 31, 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and COO
Signature
/s/ Michael J. Murray
Stock symbol
DHI
Transactions as of
Oct 31, 2023
Transactions value $
-$2,079,752
Form type
4
Date filed
11/2/2023, 05:19 PM
Previous filing
Jul 10, 2023
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise $0 +50.6K +19.75% $0.00 307K Oct 31, 2023 Direct F1, F2
transaction DHI Common Stock Tax liability -$2.08M -19.9K -6.49% $104.40 287K Oct 31, 2023 Direct F3, F4
holding DHI Common Stock 30.1K Oct 31, 2023 Held by Foundation controlled by Mr. Murray and members of his immediate family. F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DHI Restricted Stock Unit Options Exercise $0 -50.6K -100% $0.00* 0 Oct 31, 2023 Common Stock 50.6K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents payment or settlement in DHI common stock related to performance bonus for the period ending September 30, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.
F3 These shares were surrendered to issuer to cover tax obligations of the 50,625 shares of DHI common stock referenced in note 1 above.
F4 Following all transactions listed on this Form 4, Mr. Murray owns directly 286,998 shares of DHI common stock and indirectly holds 30,057 shares of DHI common stock.