Odom Aron M. 4

What Happened Aron M. Odom, SVP, Controller and Principal Accounting Officer at D.R. Horton (DHI), had 764 restricted stock units (RSUs) convert into 764 shares on 2026-03-17. To satisfy tax withholding, 342 of those shares were surrendered to the issuer at an effective price of $142.14 per share for a total tax withholding value of $48,612. The net result was 422 shares remaining issued to Odom. The filing shows the RSU-to-share conversion (derivative conversion) and the share surrender for tax payment.

Key Details

• Transaction date: 2026-03-17; Form 4 filed 2026-03-18 (timely).
• Vesting/conversion: 764 RSUs converted into 764 shares (transaction code M).
• Tax withholding: 342 shares surrendered to issuer at $142.14/share; total value $48,612 (transaction code F).
• Net shares issued to insider: 422 shares (764 vested − 342 withheld).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: RSUs convert 1-for-1 to common shares. The 764-share installment is one of five annual installments from a 3,820-RSU grant awarded 3/17/2021.

Context This was a routine RSU vesting event with shares withheld to cover tax obligations (common practice), not an open-market sale or purchase. Transaction codes: M indicates conversion/exercise of a derivative (here, RSU conversion) and F indicates shares surrendered for tax withholding.