DHI (DHI) director Miller receives 224 shares from vesting equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HORTON D R INC (DHI) director Maribess L. Miller exercised restricted stock units into common shares as part of a prior equity award. On March 30, 2026, 224 restricted stock units converted into 224 shares of common stock at a stated price of $0.00 per share.
These units were originally granted on March 30, 2022 as part of a 1,120-unit award that vests in five annual installments beginning March 30, 2023. Following this transaction, Miller directly holds 22,153 shares of DHI common stock. The filing reflects compensation-related equity vesting rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
224 shares exercised/converted
Mixed
2 txns
Insider
Miller Maribess L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 224 | $0.00 | -- |
| Exercise | Common Stock | 224 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 224 shares (Direct);
Common Stock — 22,153 shares (Direct)
Footnotes (1)
- Each restricted stock unit converts into one share of DHI common stock. On March 30, 2022, the reporting person was granted 1,120 restricted stock units, vesting in five annual installments beginning March 30, 2023.
Key Figures
RSUs exercised: 224 units
Shares received: 224 shares
Post-transaction holdings: 22,153 shares
+2 more
5 metrics
RSUs exercised
224 units
Restricted stock units converted into common stock on March 30, 2026
Shares received
224 shares
Common stock issued from RSU conversion on March 30, 2026
Post-transaction holdings
22,153 shares
DHI common stock directly held by Miller after the transaction
Original RSU grant
1,120 units
Granted on March 30, 2022, vesting in five annual installments
Exercise price
$0.00 per unit
Stated conversion price for restricted stock units
Key Terms
Restricted Stock Unit, derivative security, Common Stock, vesting
4 terms
Restricted Stock Unit financial
"Each restricted stock unit converts into one share of DHI common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"Each restricted stock unit converts into one share of DHI common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"vesting in five annual installments beginning March 30, 2023."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did DHI director Maribess L. Miller report?
Maribess L. Miller reported exercising 224 restricted stock units into 224 shares of HORTON D R INC common stock. The units converted at a stated price of $0.00 per share, reflecting equity compensation vesting rather than an open-market buy or sell transaction.
What was the original restricted stock unit grant disclosed in DHI’s Form 4?
The filing states that on March 30, 2022, Miller was granted 1,120 restricted stock units in HORTON D R INC. These units vest in five equal annual installments beginning March 30, 2023, and each vested unit converts into one share of DHI common stock.
How many restricted stock units vested in this DHI Form 4 event?
In this event, 224 restricted stock units vested and converted into 224 shares of HORTON D R INC common stock. The conversion occurred on March 30, 2026 and is part of a larger 1,120-unit grant vesting over five years.