Horton D R director receives 264 shares via RSUs
HORTON D R INC (DHI) director M. Chad Crow reported the vesting and conversion of 264 Restricted Stock Units into 264 shares of common stock on August 26, 2026.
Rhea-AI Filing Summary
HORTON D R INC (DHI) director M. Chad Crow reported the vesting and conversion of 264 Restricted Stock Units into 264 shares of common stock on August 26, 2026. The Form 4 shows derivative RSUs reduced by 264 units to 792 RSUs, and Crow’s directly held common stock increased to 951 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
264 shares exercised/converted
Exercise
2 txns
Insider
CROW M CHAD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 264 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 264 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 792 contracts (Direct);
Common Stock — 951 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit converts into one share of DHI common stock.
- F2. On August 26, 2024, the reporting person was granted 1,320 restricted stock units, vesting in five annual installments beginning August 26, 2025.
Key Figures
Restricted Stock Units converted: 264 units
Common stock received: 264 shares
Common stock holdings after transaction: 951 shares
+2 more
5 metrics
Restricted Stock Units converted
264 units
RSUs converted into common stock on August 26, 2026
Common stock received
264 shares
Shares of DHI common stock issued upon RSU conversion
Common stock holdings after transaction
951 shares
Directly held by M. Chad Crow following the August 26, 2026 transaction
Restricted Stock Units remaining
792 units
Direct RSU balance reported after the conversion on August 26, 2026
Restricted Stock Units grant
1,320 units
RSUs granted on August 26, 2024, vesting in five annual installments beginning August 26, 2025
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, derivative security, vesting
4 terms
Restricted Stock Unit financial
"Each restricted stock unit converts into one share of DHI common stock"
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
derivative security financial
"transaction_type": "derivative"
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.
vesting financial
"vesting in five annual installments beginning August 26, 2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did DHI director M. Chad Crow report on this Form 4?
M. Chad Crow reported the exercise or conversion of 264 Restricted Stock Units into 264 shares of DHI common stock on August 26, 2026, reflecting a vesting-related equity compensation event rather than an open-market purchase or sale.
What happened to M. Chad Crow’s Restricted Stock Units in the DHI Form 4?
On the transaction date, 264 Restricted Stock Units were converted into an equal number of DHI common shares. Following this conversion, the Form 4 reports 792 Restricted Stock Units remaining under Crow’s direct ownership.
Were the DHI insider transactions by M. Chad Crow open-market buys or sells?
No. The reported transactions use code M, indicating an exercise or conversion of a derivative security. They represent RSU vesting and conversion into common stock, not open-market purchases or sales.
What do the footnotes in the DHI Form 4 for M. Chad Crow explain?
One footnote states that each Restricted Stock Unit converts into one share of DHI common stock. Another states that on August 26, 2024, Crow was granted 1,320 Restricted Stock Units, vesting in five annual installments beginning August 26, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
