DHI insider files Form 144 for 1,000 shares; prior 2,150-share sale disclosed
Rhea-AI Filing Summary
D.R. Horton (DHI) Form 144 notice: This filing reports a proposed sale of 1,000 common shares acquired through a restricted stock lapse on 01/26/2025. The sale lists Charles Schwab & Co., Inc. as broker, an approximate aggregate market value of $180,740, and an approximate sale date of 09/05/2025 on the NYSE. The filer identifies prior sales: 2,150 shares sold on 06/24/2025 for $274,552. The form includes the standard representation that the seller has no undisclosed material adverse information.
Positive
- Clear Rule 144 disclosure including acquisition date, nature of acquisition, broker, sale date, and aggregate market value
- Prior sales disclosed (2,150 shares sold on 06/24/2025 for $274,552), increasing transparency
- Acquisition from equity compensation is explicitly stated (restricted stock lapse 01/26/2025)
Negative
- Insider selling shares (1,000 planned sale plus 2,150 sold in past three months) could be interpreted as increased insider liquidity
Insights
TL;DR Routine Rule 144 notice: insider plans a modest sale after restricted stock lapse; prior recent sale disclosed.
This Form 144 documents an insider sale of 1,000 common shares following a restricted stock lapse dated 01/26/2025. The planned execution via Charles Schwab on 09/05/2025 and the disclosed prior sale of 2,150 shares on 06/24/2025 provide transparency on insider liquidity. Given the issuer's outstanding share count of 298,123,529, these transactions appear small in absolute terms and constitute routine disclosure rather than a material corporate event.
TL;DR Filing meets Rule 144 disclosure elements and includes the required seller representation.
The notice includes acquisition details (restricted stock lapse), payment nature (equity compensation), broker information, and prior three-month sales, satisfying typical Rule 144 requirements. The signature block contains the statutory attestation about material nonpublic information. No missing mandatory fields are evident in the body of the filing provided.