Every Form 4 that D R Horton Inc (DHI) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow DHI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DHI filings page.
HORTON D R INC (DHI) director Barbara Smith reported the exercise of 264 restricted stock units, which converted into an equal number of shares of common stock on August 26, 2026. The derivative position decreased to 792 restricted stock units, and her directly held common stock increased to 817 shares. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan. A prior grant of 1,320 restricted stock units vests in five annual installments beginning August 26, 2025.
HORTON D R INC (DHI) director Elaine D. Crowley reported an automatic conversion of 264 restricted stock units into 264 shares of common stock on August 26, 2026. The Form 4 shows 264 derivative units disposed and 264 common shares acquired, leaving her with 817 directly held common shares and 792 restricted stock units outstanding.
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.
D.R. Horton director Maribess L. Miller exercised a portion of her equity awards, converting restricted stock units into common shares. On April 20, 2026, 139 restricted stock units converted into 139 shares of D.R. Horton common stock. After the transaction, she directly held 22,292 common shares and 278 restricted stock units. The footnotes state that each restricted stock unit converts into one share of DHI common stock and reference an earlier grant of 695 restricted stock units made on April 20, 2023 that vests in five annual installments beginning April 20, 2024. This filing reflects routine, compensation-related equity vesting and exercise activity without any open‑market buying or selling.
Director Benjamin Carson Sr of D.R. Horton reported routine equity compensation activity. On April 20, 2026, he exercised derivative awards so that 683 shares of Common Stock were acquired and added to his direct holdings. Two batches of Restricted Stock Units (RSUs) covering 139 and 544 underlying shares converted into common stock, consistent with their vesting schedules described in prior grant footnotes. After these transactions, he holds 9,752 shares of Common Stock directly and 278 RSUs that may convert into additional shares in the future.
D.R. Horton director Bradley S. Anderson reported an automatic equity compensation event. On April 20, 2026, 139 restricted stock units converted into 139 shares of common stock, increasing his direct common stock holdings to 36,775 shares. These RSUs are part of a 695-unit award granted on April 20, 2023 that vests in five annual installments beginning April 20, 2024, so additional shares may be delivered in future years as vesting continues. Following this transaction, he also continues to hold 278 restricted stock units directly.
D.R. Horton EVP and CFO Bill W. Wheat reported routine equity compensation activity and related tax-withholding transactions in company stock. On April 20, 2026, 1,580 restricted stock units converted into the same number of common shares, and some of these shares were surrendered to the issuer to cover tax obligations.
Also on that date, additional shares were surrendered to cover taxes on Mr. Wheat’s bonus for the six months ended March 31, 2026. On April 22, 2026, he received a grant of 5,110 common shares as part of that bonus and surrendered further shares for tax withholding. After these transactions, Mr. Wheat directly owned 336,544 shares of D.R. Horton common stock. The filing does not show any open-market purchases or sales; dispositions reflect shares withheld or surrendered for tax liabilities.
D.R. Horton EVP and COO Michael J. Murray reported routine equity compensation activity and related tax withholding. On April 20, 2026, 2,370 restricted stock units vested and converted into the same number of common shares, part of a grant of 11,850 units awarded April 20, 2023 and vesting in five annual installments.
Murray surrendered 933 shares at $153.34 and 4,992 shares at $162.95 to the issuer to cover tax obligations tied to the RSU vesting and a share bonus. He also received a grant of 6,388 common shares with no purchase price as a bonus for the six-month period ended March 31, 2026.
Following these transactions, he owns directly 128,968 D.R. Horton 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 foundation.
D.R. Horton President and CEO Paul J. Romanowski reported compensation-related stock activity with no open-market trades. On April 20, 2026, 2,370 restricted stock units converted into the same number of common shares, and 933 shares were surrendered to the company to cover related tax obligations. On April 22, 2026, he received a 7,665-share common stock bonus for the six months ended March 31, 2026, and 6,024 shares were surrendered to cover associated taxes. After these transactions, he directly holds 200,055 shares of DHI common stock.
D.R. Horton Executive Chairman David V. Auld reported routine equity compensation and related tax-withholding entries. On April 20, 2026, 7,016 restricted stock units vested and converted into the same number of common shares, with 1,618 shares surrendered to the company to cover tax obligations. On April 22, 2026, he received a grant of 5,110 common shares as a bonus for the six months ended March 31, 2026, and 4,013 shares were surrendered to satisfy related taxes. After these acquisitions and tax-withholding dispositions, Auld directly holds 942,341 shares of D.R. Horton common stock.
HORTON D R INC (DHI) director Maribess L. Miller exercised restricted stock units into common shares as part of a prior equity award. On March 30, 2026, 224 restricted stock units converted into 224 shares of common stock at a stated price of $0.00 per share.
These units were originally granted on March 30, 2022 as part of a 1,120-unit award that vests in five annual installments beginning March 30, 2023. Following this transaction, Miller directly holds 22,153 shares of DHI common stock. The filing reflects compensation-related equity vesting rather than an open-market purchase or sale.
Horton D.R. director Benjamin Carson Sr exercised restricted stock units into common shares. On March 30, 2026, 224 restricted stock units converted into 224 shares of DHI common stock at a stated price of $0.00 per share, reflecting a scheduled compensation-related event rather than an open-market trade. Following the transaction, Carson directly holds 9,069 common shares. The restricted stock units were part of a 1,120-unit grant awarded on March 30, 2022, vesting in five equal annual installments beginning March 30, 2023.
Director Bradley S. Anderson of Horton D.R. Inc. (DHI) exercised restricted stock units that converted into 224 shares of common stock on March 30, 2026. After this derivative exercise, he directly owns 36,636 shares of DHI common stock.
D.R. Horton executive Aron M. Odom, SVP, Controller and PAO, exercised restricted stock units that settled into 887 shares of common stock. These RSUs were part of a grant awarded on March 30, 2022, which vests in five annual installments.
To cover tax obligations arising from this vesting, 350 shares of common stock were surrendered back to the company at a price of $132.53 per share. After these routine compensation-related transactions, Odom directly holds 8,046 shares of D.R. Horton common stock.
HORTON D R INC EVP and CFO Bill W. Wheat exercised restricted stock units into common shares as part of equity compensation. On March 30, 2026, 2,535 restricted stock units converted into 2,535 shares of DHI common stock at a stated price of $0.00 per share. Of these, 998 shares of common stock were surrendered to the issuer at $132.53 per share to cover tax obligations related to the vesting. Following these transactions, Wheat directly holds 334,396 shares of DHI common stock. The vested units relate to a 12,675-unit grant awarded on March 30, 2022 that vests in five annual installments beginning March 30, 2023.
D.R. Horton EVP and COO Michael J. Murray reported a routine equity compensation event involving restricted stock units (RSUs) and related tax withholding. On March 23, 2026, 3,820 RSUs converted into 3,820 shares of DHI common stock, reflecting the vesting of an award originally granted on March 23, 2022 that vests in five annual installments.
To cover tax obligations on this vesting, 1,504 shares of common stock were surrendered back to the issuer at $138.82 per share, a non‑market, tax-withholding disposition rather than an open‑market sale. After these transactions, Mr. Murray owns 126,135 shares of DHI common stock directly, beneficially owns 249,825 shares indirectly through a limited partnership controlled by him and his wife, and indirectly holds 32,340 shares through a family-controlled foundation.
D.R. Horton President and CEO Paul J. Romanowski reported routine equity compensation activity. He exercised 3,820 restricted stock units, which converted into the same number of DHI common shares at a stated price of $0.0000 per share. As part of this vesting event, 1,504 shares of common stock were surrendered at $138.82 per share to cover tax obligations, rather than being sold on the open market. After these transactions, he directly owned 196,977 shares of D.R. Horton common stock. The vested units relate to a 19,098-unit grant awarded on March 23, 2022, scheduled to vest in five annual installments beginning in 2023.
Horton D.R. Inc. director Maribess L. Miller exercised restricted stock units that converted into 93 shares of common stock. These RSUs were part of a 465-unit grant awarded on March 21, 2024, vesting in five annual installments beginning March 21, 2025. Following the transaction, Miller directly holds 21,929 shares of common stock and 279 restricted stock units.
D.R. Horton director Benjamin Carson Sr. reported the vesting and exercise of 93 restricted stock units, which converted into the same number of common shares at an exercise price of $0.00 per share. After this transaction, he directly holds 8,845 shares of common stock and 279 restricted stock units.
The footnotes explain that each restricted stock unit converts into one DHI common share, and that Carson was granted 465 restricted stock units on March 21, 2024, vesting in five annual installments beginning March 21, 2025. This filing reflects a routine compensation-related equity vesting rather than an open-market purchase or sale.
HORTON D R INC (DHI) director Bradley S. Anderson reported a routine equity award vesting. On March 21, 2026, 93 restricted stock units were exercised, converting into 93 shares of common stock at a price of $0.00 per share. Following this conversion, Anderson directly holds 36,412 shares of DHI common stock. Footnotes state that each restricted stock unit converts into one share of DHI common stock and reference a prior grant of 465 restricted stock units vesting in annual installments.
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.
Horton D.R. Inc. director Maribess L. Miller exercised restricted stock units into common shares. On March 18, 2026, she exercised 203 restricted stock units, which each convert into one share of DHI common stock. A related entry dated March 17, 2026 shows 203 common shares acquired from this derivative exercise, bringing her direct common stock holdings to 21,836 shares. The units stem from a grant of 1,015 restricted stock units awarded on March 17, 2021, vesting in five annual installments beginning March 17, 2022.
HORTON D R INC director Bradley S. Anderson exercised restricted stock units that converted into common stock. On this date, 203 restricted stock units were exchanged for 203 shares of common stock at a conversion price of $0.00 per unit. Following the transaction, Anderson directly holds 36,319 shares of common stock, and no shares were sold as part of this filing. The restricted stock units were part of a prior grant of 1,015 units that vest in five annual installments beginning March 17, 2022.
Horton D.R. Inc. senior vice president and controller Aron M. Odom reported compensation-related stock activity, not open-market trading. On March 17, 2026, 764 restricted stock units converted into an equal number of DHI common shares under a prior equity award granted on March 17, 2021 and scheduled to vest in five annual installments beginning March 17, 2022.
To cover tax obligations on this vesting, 342 of the newly issued shares were surrendered back to the company at a price of $142.14 per share. Following these transactions, Odom directly holds 6,879 shares of DHI common stock.
D.R. Horton EVP and CFO Bill W. Wheat reported routine equity compensation activity. On March 17, 2026, 2,232 restricted stock units vested and converted into the same number of common shares. The company then withheld 908 shares at $142.14 to cover related tax obligations, leaving Mr. Wheat with a net increase of 1,324 shares. After these transactions, he directly owned 332,859 shares of D.R. Horton common stock. These events reflect normal vesting and tax withholding mechanics rather than open-market buying or selling.
D.R. Horton executive Michael J. Murray, EVP and COO, reported routine equity compensation activity involving restricted stock units that vested into common stock. On March 17, 2026, 2,232 restricted stock units converted into 2,232 shares of DHI common stock, consistent with each unit converting into one share.
Of these shares, 908 were surrendered to the issuer at $142.14 per share to cover tax obligations related to the vesting, leaving a net increase in his directly held shares. After all reported transactions, Mr. Murray directly owns 123,819 shares of DHI common stock, 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.
Horton D.R. Inc. President and CEO Paul J. Romanowski exercised restricted stock units into common shares as part of his equity compensation. On March 17, he converted 1,734 restricted stock units into 1,734 shares of common stock. Of these, 697 shares were surrendered back to the company at $142.14 per share to cover tax obligations tied to the vesting. After these transactions, he directly owns 194,661 shares of common stock, indicating a routine, compensation-related update rather than a large change in his stake.
D.R. Horton, Inc. senior vice president, controller and principal accounting officer Aron M. Odom reported an open-market sale of common stock. On 02/13/2026, he sold 260 shares at a price of $167.55 per share. Following this transaction, he directly beneficially owns 6,457 shares of D.R. Horton common stock.
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.
D.R. Horton executive Michael J. Murray, EVP and COO, reported a gift of 7,060 shares of D.R. Horton (DHI) common stock on January 21, 2026, coded as a charitable or familial gift transaction. The shares were transferred at a reported price of $0 per share, reflecting that no sale proceeds were received. A footnote explains the shares were gifted to family members living outside his household and that Mr. Murray disclaims beneficial ownership of the shares gifted.
After this transaction, Mr. Murray directly owns 122,615 shares of DHI common stock, indirectly beneficially owns 249,825 shares held by a limited partnership controlled by him and his wife, and indirectly holds 32,340 shares through a foundation controlled by him and his immediate family. This filing updates the market on his current direct and indirect equity holdings rather than reflecting a sale for cash.
D.R. Horton executive chairman David V. Auld reported a charitable gift of 10,000 shares of the company’s common stock. The transaction occurred on 12/15/2025 and was coded as a “G” transaction, which the filing explains was a gift or donation of securities to a third-party charitable account. The shares were disposed of at a reported price of $0.
Following this gift, Auld beneficially owned 935,846 shares of D.R. Horton common stock in direct form. The filing notes that he disclaims beneficial ownership of the shares gifted. He is identified as both a Director and Executive Chairman of D.R. Horton.
D.R. Horton President and CEO Paul J. Romanowski, who also serves as a director, reported a charitable gift of company stock. On 12/11/2025, he transferred 3,348 shares of D.R. Horton common stock in a transaction coded as a gift at a reported price of $0 per share. Following this donation to an outside donor fund, he directly beneficially owns 193,624 shares. He states that he disclaims beneficial ownership of the shares that were gifted.
D.R. Horton executive David V. Auld reported equity activity involving restricted stock units and common shares. On 12/01/2025, 1,482 restricted stock units converted into the same number of D.R. Horton common shares, as shown by a transaction coded "M." Immediately afterward, 1,482 shares were disposed of in a transaction coded "F" at $157.37 per share to cover tax obligations related to restricted stock units awarded on October 29, 2025.
Following these transactions, Auld directly beneficially owned 945,846 shares of D.R. Horton common stock and 38,238 restricted stock units. The filing notes that each restricted stock unit converts into one share of DHI common stock and that Auld serves as both a director and Executive Chairman of the company.
D.R. Horton director reports routine equity transaction
A director of D.R. Horton, Inc. (DHI) reported a stock transaction dated 11/20/2025. The filing shows that 289 restricted stock units were converted to an equal number of shares of common stock through a transaction coded "M," which typically indicates an exercise or conversion of a derivative security.
After this conversion, the reporting person beneficially owns 553 shares of DHI common stock directly, along with 1,156 restricted stock units that remain outstanding. Each restricted stock unit represents the right to receive one share of DHI common stock upon vesting, so this filing mainly reflects normal vesting and conversion activity rather than a new open‑market purchase or sale.
D.R. Horton director reports vesting of restricted stock units
A director of D.R. Horton, Inc. (DHI) reported an equity transaction involving company stock. On November 20, 2025, 289 restricted stock units converted into 289 shares of D.R. Horton common stock, increasing the director’s directly held common shares to 21,633. These units were part of a grant of 1,445 restricted stock units awarded on November 20, 2024, which vest in five annual installments beginning November 20, 2025. Following this transaction, the director also holds 1,156 derivative securities in the form of restricted stock units, all reported as directly owned.
D.R. Horton director reports restricted stock unit conversion
A director of D.R. Horton, Inc. (DHI) reported an equity transaction involving company stock. On 11/20/2025, 289 restricted stock units were converted into 289 shares of DHI common stock, with the transaction reported as an acquisition. Following this conversion, the reporting person beneficially owned 553 shares of DHI common stock in direct form.
The filing notes that each restricted stock unit converts into one share of DHI common stock. It also states that on November 20, 2024, the reporting person was granted 1,445 restricted stock units, scheduled to vest in five annual installments beginning November 20, 2025.
D.R. Horton director reports an equity award transaction on Form 4. On 11/20/2025, the reporting person exercised 289 restricted stock units, which each converted into one share of DHI common stock, and acquired 289 shares in a transaction coded "M".
After this transaction, the director beneficially owned 687 shares of DHI common stock directly and held 1,156 restricted stock units. These RSUs relate to a prior grant of 1,445 restricted stock units awarded on 11/20/2024, scheduled to vest in five annual installments beginning 11/20/2025.
D.R. Horton, Inc. (DHI) reported an insider equity transaction by one of its directors. On 11/20/2025, the director acquired 289 shares of DHI common stock through the conversion of restricted stock units, recorded as an "M" transaction code. Following this transaction, the director beneficially owns 8,752 shares of DHI common stock directly.
The filing also shows derivative holdings in the form of restricted stock units. After the reported activity, the director holds 1,156 restricted stock units, each convertible into one share of DHI common stock. These RSUs relate to a grant of 1,445 units awarded on November 20, 2024, which vest in five annual installments beginning November 20, 2025.
D.R. Horton, Inc. (DHI) director Michael R. Buchanan reported an equity transaction involving company stock. On 11/20/2025, 289 restricted stock units were converted into 289 shares of DHI common stock at an exercise price of $0, reported with transaction code "M".
After these transactions, Mr. Buchanan directly owns 1,482 shares of DHI common stock and indirectly holds 8,136 shares through his wife. The filing also notes that he had previously been granted 1,445 restricted stock units on November 20, 2024, scheduled to vest in five annual installments beginning November 20, 2025.
D.R. Horton director reports share acquisition from RSU conversion
A director of D.R. Horton, Inc. (DHI) reported a routine equity transaction. On 11/20/2025, 289 restricted stock units were converted into 289 shares of DHI common stock, coded as an "M" transaction, meaning a derivative security was exercised. After this transaction, the director beneficially owned 36,116 shares of common stock in direct form.
The filing also notes that these restricted stock units come from a prior equity award. On November 20, 2024, the reporting person received a grant of 1,445 restricted stock units scheduled to vest in five annual installments beginning November 20, 2025. Following the reported transaction, 1,156 restricted stock units remain beneficially owned directly.
D.R. Horton, Inc. (DHI) reported an equity transaction by its SVP, Controller and Principal Accounting Officer. On November 20, 2025, the officer exercised 430 restricted stock units, which converted one-for-one into shares of D.R. Horton common stock. To cover related tax obligations, 170 shares of common stock were surrendered to the company at a price of $137.32 per share.
After these transactions, the officer directly owned 6,717 shares of D.R. Horton common stock and 1,720 restricted stock units. These RSUs relate to a prior grant of 2,150 units awarded on November 20, 2024, scheduled to vest in five annual installments beginning November 20, 2025.
D.R. Horton executive vice president and chief financial officer reported routine equity compensation activity involving restricted stock units. On November 20, 2025, 1,411 restricted stock units converted into the same number of shares of DHI common stock. On the same date, 556 of these shares were surrendered to the company at $137.32 per share to cover related tax obligations. After these transactions, the reporting person directly beneficially owned 331,535 shares of common stock and 5,644 restricted stock units. The filing notes that the original grant of 7,055 restricted stock units was made on November 20, 2024 and vests in five annual installments beginning November 20, 2025.
D.R. Horton executive vice president and COO Michael J. Murray reported equity award activity involving company common stock. On 11/20/2025, 1,564 restricted stock units converted into the same number of DHI common shares. Of these, 616 shares were surrendered at $137.32 per share to cover tax obligations related to the vesting.
After these transactions, Murray directly owns 129,675 shares of DHI common stock, indirectly beneficially owns 249,825 shares through a limited partnership controlled by him and his wife, and indirectly holds 32,340 shares through a family foundation. He also continues to hold 6,256 restricted stock units from a grant of 7,820 units awarded on November 20, 2024, scheduled to vest in five annual installments beginning November 20, 2025.
D.R. Horton (DHI) reported an insider equity transaction by its President and CEO, who is also a director. On 11/20/2025, 1,564 restricted stock units converted into the same number of shares of common stock. In a related move, 616 shares of common stock were surrendered to the company at $137.32 per share to cover tax obligations from this vesting.
After these transactions, the reporting person directly beneficially owned 196,972 shares of D.R. Horton common stock and held 6,256 restricted stock units. The restricted stock units resulted from a 7,820-unit grant made on November 20, 2024, scheduled to vest in five annual installments beginning November 20, 2025.
D.R. Horton Executive Chairman David V. Auld, who is also a director, reported equity transactions in company stock. On 11/20/2025, 12,261 restricted stock units converted into an equal number of DHI common shares. On the same date, 4,537 of those shares were surrendered back to the company at $137.32 per share to cover tax obligations tied to this vesting.
After these transactions, Auld beneficially owned 945,846 shares of D.R. Horton common stock directly, reflecting his ongoing equity stake. The filing also notes that these vested units were part of a 36,785-unit restricted stock award granted on November 20, 2024, scheduled to vest in three annual installments beginning November 20, 2025. Following the vesting and related activity, 23,151 restricted stock units remained beneficially owned.
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.
D.R. Horton (DHI) EVP and COO Michael J. Murray reported an RSU vesting on 11/08/2025, converting 2,094 restricted stock units into common stock. To cover withholding taxes from this vesting, 824 shares were surrendered at $144.77 per share.
After these transactions, he owns directly 128,727 DHI shares, and holds indirect beneficial ownership of 249,825 shares through a limited partnership and 32,340 shares through a family foundation. He also reports 6,282 RSUs remaining. The RSUs were part of a 10,470-unit grant made on 11/08/2023, vesting in five annual installments beginning 11/08/2024.
D.R. Horton (DHI) reported an insider equity update. President & CEO and Director Paul J. Romanowski acquired 2,094 shares of common stock on November 8, 2025 upon the vesting of restricted stock units (Code M).
To cover taxes, 824 shares were surrendered to the issuer at $144.77 per share (Code F). After these transactions, he directly beneficially owned 196,024 common shares. The vested shares relate to an award of 10,470 RSUs granted on November 8, 2023, vesting in five annual installments beginning November 8, 2024; 6,282 RSUs remained beneficially owned.
D.R. Horton (DHI) Executive Chairman and Director David V. Auld reported an equity award vesting and related tax share surrender. On 11/08/2025, 6,978 restricted stock units converted into an equal number of common shares, and 2,582 shares were surrendered to the issuer at $144.77 to cover taxes tied to that vesting. Following these transactions, Auld directly beneficially owns 938,122 DHI common shares. The RSUs stem from a 11/08/2023 grant that vests in three annual installments; each RSU converts into one share.
D.R. Horton (DHI) reported an insider equity award on a Form 4. An officer (SVP, Controller and PAO) acquired 2,320 restricted stock units (RSUs) on 10/29/2025 under transaction code A at a stated price of $0.
Each RSU represents a right to receive one share of common stock upon vesting. The RSUs vest in five equal annual installments beginning October 29, 2026. Following the transaction, 2,320 derivative securities were beneficially owned, held directly.