Form 4: Aron Odom disposes of 1,233 DHI shares; 7,833 remain

Rhea-AI Filing Summary

Aron M. Odom, SVP, Controller and PAO of D.R. Horton, reported an insider sale. On 08/13/2025 he sold 1,233 shares of DHI at $166.20 per share and retained 7,833 shares after the transaction. The filing is a Form 4 reporting an individual transaction and is signed 08/14/2025.

Positive

• Timely and complete disclosure of the sale on Form 4 with a manual signature
• Specific transaction details provided: date, shares sold (1,233), price ($166.20), and remaining beneficial ownership (7,833)

Negative

• Insider disposition of shares (1,233 sold) which some investors may view unfavorably despite no additional context

Insights

Financial Analyst

TL;DR: Officer sale of 1,233 shares is disclosed; size appears modest relative to a public company and is likely neutral.

The Form 4 shows a single open-market sale by Aron M. Odom of 1,233 DHI shares at $166.20 on 08/13/2025, leaving beneficial ownership of 7,833 shares. There is clear compliance with Section 16 filing requirements, and no derivatives or planned trades are disclosed. Absent additional context on total insider holdings or a pattern of sales, this isolated transaction does not provide material evidence of a change in corporate fundamentals.

Corporate Governance Expert

TL;DR: Timely, correctly filed insider sale; governance process appears followed but transaction itself is routine.

The reporting identifies Odom as an officer and director-level reporting person and shows the required manual signature. The disclosure meets Form 4 standards and signals adherence to insider reporting protocols. The filing contains no indication of Rule 10b5-1 plan usage or other arrangements. From a governance standpoint this is a routine transparency event rather than a material governance concern.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Odom Aron M.

(Last) (First) (Middle)

1341 HORTON CIRCLE

(Street)

ARLINGTON TX 76011

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HORTON D R INC /DE/ [ DHI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Controller and PAO

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/13/2025		S		1,233	D	$166.2	7,833	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Aron M. Odom	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Aron M. Odom report on Form 4 for DHI?

He reported a sale of 1,233 shares of D.R. Horton (DHI) on 08/13/2025 at $166.20 per share, retaining 7,833 shares.

When was the transaction and when was the Form 4 signed?

Transaction date: 08/13/2025. Form signed: 08/14/2025.

What is Aron M. Odoms role at D.R. Horton according to the filing?

He is listed as SVP, Controller and PAO and is filing as an officer reporting person.

Does the Form 4 report any derivative transactions or 10b5-1 plan?

No derivatives or 10b5-1 plan usage is disclosed in the provided content.

How many DHI shares does Odom beneficially own after the sale?

7,833 shares are reported as beneficially owned following the transaction.