CARSON BENJAMIN SR 4
4 · HORTON D R INC /DE/ · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Horton (DHI) Director Benjamin Carson Sr Exercises 224 RSUs
What Happened
Benjamin Carson Sr, a director of Horton D R Inc (DHI), had 224 restricted stock units convert into 224 shares on March 30, 2026 (transaction code M — exercise/conversion). The filing shows a matching disposition of 224 shares at $0.00, so no cash proceeds were reported from the disposition.
Key Details
- Transaction date: 2026-03-30; Form 4 filed: 2026-03-31 (not reported late).
- Acquired: 224 shares via conversion of RSUs (price reported N/A).
- Disposed: 224 shares reported at $0.00 (no proceeds).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each restricted stock unit converts into one share; F2 — these RSUs stem from a 3/30/2022 grant of 1,120 RSUs vesting in five annual installments beginning 3/30/2023 (224 per year).
Context
This was a conversion/settlement of vested RSUs rather than an open-market buy or sale. The simultaneous surrender/disposition at $0 is consistent with shares being withheld or surrendered to satisfy tax or withholding obligations upon RSU vesting (common practice), not a market sale that would signal a trading decision.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-30+224→ 9,069 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2]2026-03-30−224→ 224 total→ Common Stock (224 underlying)
Footnotes (2)
- [F1]Each restricted stock unit converts into one share of DHI common stock.
- [F2]On March 30, 2022, the reporting person was granted 1,120 restricted stock units, vesting in five annual installments beginning March 30, 2023.