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