STOCK TITAN
  1. Home
  2. Sec-filings
  3. DHI
  4. [Form 4] HORTON D R INC /DE/ Insider Trading Activity

DHI Form 4: CFO RSU conversion and tax share surrender

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

D.R. Horton (DHI) EVP and CFO Bill W. Wheat reported routine equity activity on 11/08/2025. He acquired 1,888 shares of common stock via the vesting and conversion of restricted stock units (transaction code M), then surrendered 743 shares at $144.77 (code F) to cover related taxes.

Following these transactions, he directly owned 330,680 common shares. The vest arose from a 11/08/2023 grant of 9,440 RSUs that vest in five annual installments starting 11/08/2024. After the conversion, 5,664 RSUs remained outstanding.

Positive

  • None.

Negative

  • None.
Insider WHEAT BILL W
Role EVP and CFO
Type Security Shares Price Value
Exercise Restricted Stock Unit 1,888 $0.00 --
Exercise Common Stock 1,888 $0.00 --
Tax Withholding Common Stock 743 $144.77 $108K
Holdings After Transaction: Restricted Stock Unit — 5,664 shares (Direct); Common Stock — 331,423 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit converts into one share of DHI common stock. These shares were surrendered to issuer to cover tax obligations of the 1,888 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 8, 2023. On November 8, 2023, the reporting person was granted 9,440 restricted stock units, vesting in five annual installments beginning November 8, 2024.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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*
WHEAT BILL W
(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)
EVP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
11/08/2025
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 11/08/2025 M 1,888 A (1) 331,423 D
Common Stock 11/08/2025 F(2) 743 D $144.77 330,680 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) 11/08/2025 M 1,888 (3) (3) Common Stock 1,888 $0 5,664 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 1,888 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 8, 2023.
3. On November 8, 2023, the reporting person was granted 9,440 restricted stock units, vesting in five annual installments beginning November 8, 2024.
/s/ Bill W. Wheat 11/10/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did DHI’s CFO report on Form 4?

He reported the vesting and conversion of 1,888 RSUs into common shares and the surrender of 743 shares to cover taxes.

How many DHI shares did the CFO acquire and at what method?

He acquired 1,888 common shares via RSU conversion (transaction code M).

How many shares were surrendered for taxes and at what price?

He surrendered 743 shares at $144.77 to satisfy tax obligations (transaction code F).

How many DHI shares does the CFO own after these transactions?

He directly owned 330,680 common shares after the reported transactions.

How many RSUs remain outstanding for the CFO?

5,664 RSUs remained outstanding after the 1,888-share conversion.

When were the RSUs granted and what is the vesting schedule?

Granted on 11/08/2023, the 9,440 RSUs vest in five annual installments beginning 11/08/2024.