D.R. Horton director exercises stock units
Director Benjamin Carson Sr of D.R.
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Form Type
4
Rhea-AI Filing Summary
Director Benjamin Carson Sr of D.R. Horton reported routine equity compensation activity. On April 20, 2026, he exercised derivative awards so that 683 shares of Common Stock were acquired and added to his direct holdings. Two batches of Restricted Stock Units (RSUs) covering 139 and 544 underlying shares converted into common stock, consistent with their vesting schedules described in prior grant footnotes. After these transactions, he holds 9,752 shares of Common Stock directly and 278 RSUs that may convert into additional shares in the future.
Insider Trade Summary
683 shares exercised/converted
Exercise
3 txns
Insider
CARSON BENJAMIN SR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 544 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 139 | $0.00 | $0.00 |
| Exercise | Common Stock | 683 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 278 contracts (Direct);
Common Stock — 9,752 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit converts into one share of DHI common stock.
- F2. On April 20, 2021, the reporting person was granted 2,720 restricted stock units, vesting in five annual installments beginning April 20, 2022.
- F3. On April 20, 2023, the reporting person was granted 695 restricted stock units, vesting in five annual installments beginning April 20, 2024.
Key Figures
Common shares acquired: 683 shares
Shares held after transaction: 9,752 shares
RSUs converted (lot 1): 139 units
+4 more
7 metrics
Common shares acquired
683 shares
Common Stock from derivative exercise on April 20, 2026
Shares held after transaction
9,752 shares
Common Stock directly owned after April 20, 2026 activity
RSUs converted (lot 1)
139 units
Restricted Stock Units converting into Common Stock
RSUs converted (lot 2)
544 units
Restricted Stock Units converting into Common Stock
RSUs remaining
278 units
Restricted Stock Units outstanding after transactions
2021 RSU grant
2,720 units
Granted April 20, 2021, vesting in five annual installments
2023 RSU grant
695 units
Granted April 20, 2023, vesting in five annual installments
Key Terms
Restricted Stock Unit, Common Stock, Exercise or conversion of derivative security, derivative security
4 terms
Restricted Stock Unit financial
"The filing shows 139 and 544 Restricted Stock Units converting into D.R. Horton common shares."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Common Stock financial
"683 shares of Common Stock were acquired and added to his direct holdings."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Exercise or conversion of derivative security financial
"The transactions used code M, indicating exercise or conversion of derivative securities such as Restricted Stock Units."
derivative security financial
"Code M indicates exercise or conversion of derivative security, rather than open-market trades."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Benjamin Carson Sr report at D.R. Horton (DHI)?
Director Benjamin Carson Sr reported exercising equity awards that delivered 683 shares of Common Stock and converted RSUs into shares. These actions reflect routine equity compensation vesting rather than open-market buying or selling activity.
What Restricted Stock Units were involved in Benjamin Carson Sr’s DHI filing?
The filing shows 139 and 544 Restricted Stock Units converting into D.R. Horton common shares. Each RSU converts into one share, as disclosed, turning these derivative awards into actual stock under previously granted compensation agreements.
Were the D.R. Horton (DHI) insider transactions open-market buys or sells?
No. The transactions used code M, indicating exercise or conversion of derivative securities such as Restricted Stock Units. They reflect compensation vesting, not open-market purchases or sales by the director on an exchange.
What do the RSU grant footnotes in the D.R. Horton Form 4 explain?
Footnotes state that Carson received 2,720 RSUs on April 20, 2021 and 695 RSUs on April 20, 2023, each vesting in five annual installments. These details explain why portions of those awards are now converting into common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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