D.R. Horton EVP & CFO Bill W. Wheat Acquires Shares via Vesting with Tax Withholding

Executive Summary

On November 2, 2026, D.R. Horton, Inc. ($DHI) reported Form 4 transactions executed by Executive Vice President and Chief Financial Officer Bill W. Wheat. The filings reflect routine equity compensation activity, consisting of restricted stock unit (RSU) vestings and performance bonus settlements, offset by share withholdings to satisfy tax obligations.

Key Transaction Highlights

• RSU Conversions & Grants:
  • On October 29, 2026: 1,523 RSUs converted into common stock.
  • On October 30, 2026: 39,352 RSUs vested and settled in common stock, alongside an award of 7,672 common shares related to performance bonuses for the fiscal year ended September 30, 2026.
  • On October 30, 2026: Granted 7,875 new RSUs vesting over five annual installments beginning October 30, 2027.
• Tax Withholdings (Code F):
  • 600 shares surrendered at $146.53 per share on October 29, 2026.
  • 21,525 shares surrendered at $146.03 per share on October 30, 2026 (totaling ~$3.14M).
• Net Change: Direct common stock holdings increased net by 26,422 shares, bringing Wheat's direct holdings to 362,966 shares.

Trading Significance

This activity is classified as Low significance. The disposition of shares was purely for mandatory tax withholding rather than open-market selling, and the acquisitions were part of standard annual executive incentive compensation vestings.