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  4. [Form 4] HORTON D R INC /DE/ Insider Trading Activity

Small D.R. Horton (NYSE: DHI) EVP share sale detailed in Form 4

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

Rhea-AI Filing Summary

D.R. Horton executive Michael J. Murray, EVP and COO, reported a small open-market sale of 120 shares of common stock on May 3, 2024 at $148.969 per share through his Individual Retirement Account, described as inadvertent.

After this transaction, Mr. Murray directly owns 122,495 DHI common shares, indirectly beneficially owns 249,825 shares through a limited partnership he and his wife control, and indirectly holds 32,340 shares through a family-controlled foundation.

Positive

  • None.

Negative

  • None.
Insider Murray Michael J
Role EVP and COO
Sold 120 shs ($18K)
Type Security Shares Price Value
Sale Common Stock 120 $148.969 $18K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 122,495 shares (Direct); Common Stock — 249,825 shares (Indirect, Held by Limited Partnership controlled by Mr. Murray and his wife.)
Footnotes (1)
  1. On May 3, 2024, the Individual Retirement Account of the reporting person inadvertently sold a de minimis number of his DHI common stock (120 shares) without the reporting person's knowledge. Following all transactions on this Form 4, Mr. Murray owns directly 122,495 shares of DHI common stock, indirectly beneficially owns 249,825 shares of DHI common stock and indirectly holds 32,340 shares of DHI common stock.
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*
Murray Michael J
(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 COO
3. Date of Earliest Transaction (Month/Day/Year)
05/03/2024
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 05/03/2024 S(1) 120(1) D $148.969 122,495(1)(2) D
Common Stock 249,825(2) I Held by Limited Partnership controlled by Mr. Murray and his wife.
Common Stock 32,340(2) I Held by Foundation controlled by Mr. Murray and members of his immediate family.
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
Explanation of Responses:
1. On May 3, 2024, the Individual Retirement Account of the reporting person inadvertently sold a de minimis number of his DHI common stock (120 shares) without the reporting person's knowledge.
2. Following all transactions on this Form 4, Mr. Murray owns directly 122,495 shares of DHI common stock, indirectly beneficially owns 249,825 shares of DHI common stock and indirectly holds 32,340 shares of DHI common stock.
/s/ Michael J. Murray 02/17/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did D.R. Horton (DHI) report for Michael J. Murray?

D.R. Horton reported a small insider sale by EVP and COO Michael J. Murray. His Individual Retirement Account sold 120 shares of DHI common stock on May 3, 2024, in an open-market transaction described as inadvertent in the filing.

How many D.R. Horton (DHI) shares did Michael J. Murray sell and at what price?

Michael J. Murray’s IRA sold 120 DHI common shares at $148.969 each. The Form 4 classifies this as an open-market sale, using transaction code “S,” and notes the sale was a de minimis amount made without his knowledge.

How many D.R. Horton (DHI) shares does Michael J. Murray own after this Form 4 transaction?

After the reported transaction, Michael J. Murray directly owns 122,495 DHI shares. He also indirectly beneficially owns 249,825 shares through a limited partnership and indirectly holds 32,340 shares through a family-controlled foundation, according to the filing’s footnote.

What is Michael J. Murray’s role at D.R. Horton (DHI) mentioned in the Form 4?

Michael J. Murray serves as Executive Vice President and Chief Operating Officer of D.R. Horton. The Form 4 identifies him as an officer rather than a director or 10% owner, and reports his DHI common stock holdings and a small open-market sale.

Were the D.R. Horton (DHI) shares sold directly by Michael J. Murray or through another account?

The 120 DHI shares were sold through Michael J. Murray’s Individual Retirement Account. The filing notes this IRA transaction occurred on May 3, 2024, and describes it as an inadvertent sale of a de minimis number of shares without his knowledge.

How are Michael J. Murray’s indirect D.R. Horton (DHI) holdings structured?

Murray’s indirect DHI holdings are split between a limited partnership and a foundation. He beneficially owns 249,825 shares via a limited partnership controlled by him and his wife, and 32,340 shares via a foundation controlled by him and immediate family members.