Barbara Smith, a director of D.R. Horton Inc., filed a Form 4 on August 26, 2026, disclosing the vesting of 264 restricted stock units and the resulting acquisition of 264 shares of common stock on that same date.

Key Highlights

  • Reporting person: Barbara Smith, identified as a Director of HORTON D R INC /DE/ (NYSE:DHI)
  • Transaction date: August 26, 2026, with transaction code M (conversion of derivative security)
  • Shares acquired: 264 shares of common stock acquired via RSU conversion, each restricted stock unit converting into one share of DHI common stock
  • Beneficial ownership following transaction: 817 shares of common stock held directly
  • RSU grant origin: 1,320 restricted stock units granted on August 26, 2024, vesting in five annual installments beginning August 26, 2025
  • Remaining RSUs: 792 restricted stock units remain beneficially owned directly following the reported transaction
  • Price of derivative security: $0, as reported in Table II

Barbara Smith's RSU Vesting and Share Ownership at D.R. Horton

According to the filing, Barbara Smith, a director at HORTON D R INC /DE/, reported a transaction code M event on August 26, 2026, reflecting the vesting and conversion of restricted stock units into common stock. The filing discloses that 264 restricted stock units were converted into 264 shares of DHI common stock on that date. The filing notes that each restricted stock unit converts into one share of DHI common stock.

The filing explains that the restricted stock units involved in this transaction originated from a grant of 1,320 restricted stock units made on August 26, 2024, with vesting scheduled in five annual installments beginning August 26, 2025. Following the reported transaction, Smith directly holds 817 shares of common stock and 792 restricted stock units, per the filing's beneficial ownership figures reported in Table I and Table II, respectively.

The Form 4 was signed by Thomas B. Montano, identified as Attorney-in-Fact, on August 26, 2026. The filing was submitted as an individual filing by one reporting person, with the ownership form for both the common stock and remaining RSUs listed as direct.

What Was Disclosed

The filing reports a single RSU vesting event in which Director Barbara Smith acquired 264 shares of D.R. Horton common stock through the conversion of restricted stock units, leaving her with 817 common shares and 792 RSUs directly held.