Bill W. Wheat, Executive Vice President and CFO of D.R. Horton, Inc., filed a Form 4 on November 2, 2026, disclosing a series of restricted stock unit vestings, performance bonus settlements, and related tax-withholding share surrenders occurring on October 29 and October 30, 2026.

Key Highlights

  • RSU vesting on October 29, 2026: 1,523 restricted stock units converted into 1,523 shares of common stock; 600 shares were then surrendered to cover tax obligations at $146.53 per share.
  • Performance bonus settlement on October 30, 2026: 39,352 shares and 7,672 shares of DHI common stock were acquired at $0 price, representing payment for performance bonuses for the period ending September 30, 2026.
  • Tax-withholding disposal on October 30, 2026: 21,525 shares were surrendered to the issuer at $146.03 per share to cover tax obligations on the 47,024 performance-related shares.
  • Post-transaction holdings: Wheat directly held 362,966 shares of common stock following all reported transactions.
  • New RSU grant: 7,875 restricted stock units were acquired on October 30, 2026, vesting in five equal installments beginning October 30, 2027.
  • Remaining RSU balance: Following the full vesting of 39,352 performance RSUs, Wheat holds 7,875 restricted stock units in Table II after all reported transactions.

Wheat's RSU Activity and Performance Bonus Settlement at D.R. Horton

According to the filing, Bill W. Wheat, identified as EVP and CFO of HORTON D R INC /DE/ (NYSE:DHI), reported two days of transactions covering multiple transaction codes. On October 29, 2026, 1,523 restricted stock units - originally granted on October 29, 2025, as part of a 7,615-unit award vesting in five annual installments beginning that date - converted into an equal number of common shares. Per the filing, 600 of those shares were immediately surrendered to the issuer to satisfy tax obligations, leaving a net increase from that vesting event.

On October 30, 2026, the filing discloses that 39,352 shares and 7,672 shares of DHI common stock were acquired at $0 as payment or settlement related to performance bonuses for the period ending September 30, 2026. The 39,352 shares corresponded to a restricted stock unit tranche that fully vested and converted on that date, reducing Wheat's RSU balance for that grant to zero. To satisfy the resulting tax obligations on the combined 47,024 performance-related shares, the filing states that 21,525 shares were surrendered to the issuer at $146.03 per share.

Separately on October 30, 2026, Wheat received a new grant of 7,875 restricted stock units, which the filing states will vest in five equal installments beginning October 30, 2027. After all transactions, the filing reports Wheat's direct beneficial ownership of common stock stood at 362,966 shares, and his derivative security balance consisted of 7,875 restricted stock units, each representing a contingent right to receive one share of DHI common stock upon vesting.

What Was Disclosed

The filing covered RSU vestings, performance bonus share settlements, and tax-withholding surrenders by D.R. Horton's CFO on October 29 and 30, 2026, resulting in direct beneficial ownership of 362,966 shares and a new 7,875-unit RSU grant vesting from 2027.