Executive at HORTON D R (DHI) vests stock units and surrenders shares for taxes

Rhea-AI Filing Summary

HORTON D R INC executive Aron M. Odom reported routine equity compensation activity involving restricted stock units and common shares. On March 21, 2026, restricted stock units converted into 620 and 434 shares of common stock, reflecting vesting from prior RSU grants awarded in 2023 and 2024.

Following these conversions, Odom directly held 7,509 shares of common stock. A total of 424 shares was surrendered to the issuer at $133.12 per share to cover tax obligations tied to the vesting of these RSUs, rather than through an open‑market sale.

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
Estimated average burden
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 TEXAS 76011

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/21/2026

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

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

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

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	03/21/2026		M		1,054	A	(1)	7,933	D
Common Stock	03/21/2026		F(2)		424	D	$133.12	7,509	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
Restricted Stock Unit	(1)	03/21/2026		M			620	(3)	(3)	Common Stock	620	$0	1,240	D
Restricted Stock Unit	(1)	03/21/2026		M			434	(4)	(4)	Common Stock	434	$0	1,302	D

Explanation of Responses:

1. Each restricted stock unit converts into one share of DHI common stock.

2. These shares were surrendered to issuer to cover tax obligations of the 620 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 21, 2023, and 434 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 21, 2024.

3. On March 21, 2023, the reporting person was granted 3,100 restricted stock units, vesting in five annual installments beginning March 21, 2024.

4. On March 21, 2024, the reporting person was granted 2,170 restricted stock units, vesting in five annual installments beginning March 21, 2025.

	/s/ Aron M. Odom	03/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Aron M. Odom report at DHI?

Aron M. Odom reported RSU vesting that converted into DHI common stock. On March 21, 2026, 620 and 434 restricted stock units converted into the same number of shares, reflecting scheduled vesting from prior equity awards granted in 2023 and 2024.

How many DHI shares did Aron M. Odom surrender for taxes?

Odom surrendered 424 DHI common shares to cover tax obligations. These shares were delivered to the issuer at $133.12 per share, tied to the vesting of 620 RSUs from a 2023 grant and 434 RSUs from a 2024 grant.

Did Aron M. Odom sell DHI shares on the open market?

The filing shows no open-market sale of DHI shares by Odom. Instead, 424 shares were surrendered back to the issuer specifically to satisfy tax liabilities arising from RSU vesting, which is a standard, non-market tax-withholding mechanism.

How many DHI common shares does Aron M. Odom hold after these transactions?

After these transactions, Odom directly holds 7,509 DHI common shares. This balance reflects the net result after RSU conversions into common stock and the surrender of 424 shares to the issuer to cover associated tax obligations from the vesting events.

What were the original RSU grants reported for Aron M. Odom at DHI?

Odom received 3,100 restricted stock units on March 21, 2023, vesting in five annual installments from March 21, 2024. He also received 2,170 restricted stock units on March 21, 2024, vesting in five annual installments beginning March 21, 2025.

What is the conversion ratio for Aron M. Odom’s DHI restricted stock units?

Each of Odom’s restricted stock units converts into one share of DHI common stock. This one-for-one conversion ratio is explicitly noted, so when RSUs vest, the same number of common shares is issued, subject to tax-withholding share surrenders.