DHI insider Auld reports RSU settlement, tax surrender at $151.06

Rhea-AI Filing Summary

D.R. Horton (DHI) Executive Chairman and Director David V. Auld reported multiple equity transactions on 10/29/2025. He settled 191,667 restricted stock units for common stock and received an additional 8,483 shares related to performance bonuses for the period ending September 30, 2025. To cover tax obligations tied to these awards (totaling 200,150 shares), 82,096 shares were surrendered to the issuer at $151.06 per share.

He was also granted 39,720 restricted stock units, which vest in three equal annual installments beginning October 29, 2026. Following these transactions, Mr. Auld directly owns 933,726 shares of DHI common stock.

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

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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^*

Auld David V

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
10/29/2025

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	10/29/2025		M		191,667(1)	A	$0(2)	1,007,339	D
Common Stock	10/29/2025		A		8,483(1)	A	$0	1,015,822	D
Common Stock	10/29/2025		F		82,096(3)	D	$151.06	933,726(4)	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	(2)	10/29/2025		M			191,667	(2)	10/29/2025	Common Stock	191,667	$0	0	D
Restricted Stock Unit	(2)	10/29/2025		A		39,720		(5)	(5)	Common Stock	39,720	$0	39,720	D

Explanation of Responses:

1. Represents payment or settlement in DHI common stock related to performance bonuses for the period ending September 30, 2025.

2. Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.

3. These shares were surrendered to issuer to cover tax obligations of the 200,150 shares of DHI common stock referenced in note 1 above.

4. Following all transactions listed on this Form 4, Mr. Auld owns directly 933,726 shares of DHI common stock. Since the filing of Mr. Auld's last Form 4, Mr. Auld ceased to be the indirect beneficial owner of DHI common stock held by Trusts of his children and no longer reports any securities held by the Trusts as beneficially owned.

5. The restricted stock units vest in three equal annual installments beginning October 29, 2026.

	/s/ David V. Auld	10/31/2025
	** 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).
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FAQ

What insider activity did DHI’s Executive Chairman report?

David V. Auld settled 191,667 RSUs, received 8,483 bonus-related shares, and surrendered 82,096 shares at $151.06 to cover taxes.

How many DHI shares does David V. Auld own after the transactions?

He directly owns 933,726 shares of D.R. Horton common stock.

Were new equity awards granted to the DHI insider?

Yes. He was granted 39,720 restricted stock units vesting in three equal installments beginning October 29, 2026.

What is the total number of shares tied to the 2025 performance bonus settlement?

A total of 200,150 shares (191,667 RSU settlement plus 8,483 additional shares) were involved in the bonus settlement.

At what price were shares surrendered to cover tax obligations?

Shares were surrendered at $151.06 per share.

What roles does the reporting person hold at D.R. Horton (DHI)?

He is a Director and serves as Executive Chairman.