A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 14 filings in this group are Form 4s for D.R. Horton, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 14 insider filings shown, the breakdown is 9 option exercise, 4 compensation award and 1 gift. None of the classified filings involved a discretionary open-market trade, so this period says nothing about what insiders think of the price.
Form 4
Gift
Tax / Compensation Filing
2026-09-10
DHI insider Form 4 filed for equity award, exercise, or tax withholding
Murray Michael J (EVP and COO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
5,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Murray Michael J (EVP and COO)
Shares: 5,000
Form 4
Option exercise
Tax / Compensation Filing
2026-08-26
DHI insider Form 4 filed for equity award, exercise, or tax withholding
Smith Barbara (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
264 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
264 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Smith Barbara (Director)
Shares: 264
Form 4
Option exercise
Tax / Compensation Filing
2026-08-26
DHI insider Form 4 filed for equity award, exercise, or tax withholding
CROWLEY ELAINE D (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
264 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
264 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: CROWLEY ELAINE D (Director)
Shares: 264
Form 4
Option exercise
Tax / Compensation Filing
2026-08-26
DHI insider Form 4 filed for equity award, exercise, or tax withholding
CROW M CHAD (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
264 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
264 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: CROW M CHAD (Director)
Shares: 264
Form 4
Option exercise
Tax / Compensation Filing
2026-04-22
DHI insider Form 4 filed for equity award, exercise, or tax withholding
Miller Maribess L (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
139 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
139 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Miller Maribess L (Director)
Shares: 139
Form 4
Option exercise
Tax / Compensation Filing
2026-04-22
DHI insider Form 4 filed for equity award, exercise, or tax withholding
CARSON BENJAMIN SR (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
683 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
544 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
139 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: CARSON BENJAMIN SR (Director)
Shares: 683
Form 4
Option exercise
Tax / Compensation Filing
2026-04-22
DHI insider Form 4 filed for equity award, exercise, or tax withholding
ANDERSON BRADLEY S (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
139 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
139 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: ANDERSON BRADLEY S (Director)
Shares: 139
Form 4
Compensation award
Tax / Compensation Filing
2026-04-22
DHI insider Form 4 filed for equity award, exercise, or tax withholding
WHEAT BILL W (EVP and CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,580 |
— |
— |
F |
Tax withholding on vested shares
|
622 |
$153.34 |
$95.4K |
A |
Compensation award
|
5,110 |
— |
— |
F |
Tax withholding on vested shares
|
3,920 |
$162.95 |
$638.8K |
M |
Option exercise
derivative · Restricted Stock Unit
|
1,580 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: WHEAT BILL W (EVP and CFO)
Shares: 11,232
Form 4
Compensation award
Tax / Compensation Filing
2026-04-22
DHI insider Form 4 filed for equity award, exercise, or tax withholding
Murray Michael J (EVP and COO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
2,370 |
— |
— |
F |
Tax withholding on vested shares
|
933 |
$153.34 |
$143.1K |
A |
Compensation award
|
6,388 |
— |
— |
F |
Tax withholding on vested shares
|
4,992 |
$162.95 |
$813.4K |
M |
Option exercise
derivative · Restricted Stock Unit
|
2,370 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Murray Michael J (EVP and COO)
Shares: 14,683
Form 4
Compensation award
Tax / Compensation Filing
2026-04-22
DHI insider Form 4 filed for equity award, exercise, or tax withholding
Romanowski Paul J (Director, President and CEO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
2,370 |
— |
— |
F |
Tax withholding on vested shares
|
933 |
$153.34 |
$143.1K |
A |
Compensation award
|
7,665 |
— |
— |
F |
Tax withholding on vested shares
|
6,024 |
$162.95 |
$981.6K |
M |
Option exercise
derivative · Restricted Stock Unit
|
2,370 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Romanowski Paul J (Director, President and CEO)
Shares: 16,992
Form 4
Compensation award
Tax / Compensation Filing
2026-04-22
DHI insider Form 4 filed for equity award, exercise, or tax withholding
Auld David V (Director, Executive Chairman) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
7,016 |
— |
— |
F |
Tax withholding on vested shares
|
1,618 |
$153.34 |
$248.1K |
A |
Compensation award
|
5,110 |
— |
— |
F |
Tax withholding on vested shares
|
4,013 |
$162.95 |
$653.9K |
M |
Option exercise
derivative · Restricted Stock Unit
|
7,016 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Auld David V (Director, Executive Chairman)
Shares: 17,757
Form 4
Option exercise
Tax / Compensation Filing
2026-03-31
DHI insider Form 4 filed for equity award, exercise, or tax withholding
Miller Maribess L (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
224 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
224 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Miller Maribess L (Director)
Shares: 224
Form 4
Option exercise
Tax / Compensation Filing
2026-03-31
DHI insider Form 4 filed for equity award, exercise, or tax withholding
CARSON BENJAMIN SR (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
224 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
224 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: CARSON BENJAMIN SR (Director)
Shares: 224
Form 4
Option exercise
Tax / Compensation Filing
2026-03-31
DHI insider Form 4 filed for equity award, exercise, or tax withholding
ANDERSON BRADLEY S (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
224 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Unit
|
224 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: ANDERSON BRADLEY S (Director)
Shares: 224