Michael J. Murray - Nov 26, 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Signature
/s/ Michael J. Murray
Stock symbol
DHI
Transactions as of
Nov 26, 2023
Transactions value $
-$297,538
Form type
4
Date filed
11/28/2023, 04:26 PM
Previous filing
Nov 13, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +5.93K +2.07% 293K Nov 26, 2023 Direct F1
transaction DHI Common Stock Tax liability -$298K -2.33K -0.8% $127.48 291K Nov 26, 2023 Direct F2, F3
holding DHI Common Stock 30.1K Nov 26, 2023 Held by Foundation controlled by Mr. Murray and members of his immediate family. F3

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 -5.93K -100% $0.00* 0 Nov 26, 2023 Common Stock 5.93K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converts into one share of DHI common stock.
F2 These shares were surrendered to issuer to cover tax obligations of the 5,930 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 26, 2018.
F3 Following all transactions listed on this Form 4, Mr. Murray owns directly 290,594 shares of DHI common stock and indirectly holds 30,057 shares of DHI common Stock.
F4 On November 26, 2018, the reporting person was granted 29,650 restricted stock units, vesting in five annual installments beginning November 26, 2019.