Horton d R INC: management transactions · United States · SEC (Form 4)

About Horton d R INC

D.R. Horton, Inc. (ticker: DHI) is a leading U.S. residential homebuilder listed on the NYSE. Founded in 1978 by Donald R. Horton, the company has built a national franchise and states that it has been the largest homebuilder by volume in the United States since 2002. Its corporate headquarters are in Arlington, Texas, placing it in the heart of a major U.S. housing and growth corridor. D.R. Horton’s business model is centered on building and selling new homes, with a broad product mix designed to address multiple buyer segments. The company sells detached single-family homes and has also expanded into rental housing, including single-family rental and multi-family rental developments. Its brands span entry-level, move-up and higher-end offerings, enabling it to serve first-time buyers, growing households and customers seeking more premium housing solutions. The group also provides mortgage financing, title services and insurance agency services for homebuyers, creating a more integrated transaction process and additional revenue streams around the home purchase. From a competitive standpoint, D.R. Horton benefits from national scale, operating discipline and a vertically coordinated model that supports efficiency and cost control. The company reports operations in 126 markets across 36 states in the United States, giving it broad geographic diversification and exposure to varied local housing conditions. It is also the majority owner of Forestar Group, a publicly traded residential lot development company, which strengthens access to land supply and supports its homebuilding pipeline in a market where lot availability remains strategically important. Recent developments reinforce a resilient operating profile, even though demand conditions remain influenced by affordability pressures and cautious consumer sentiment. In its April 21, 2026 fiscal second-quarter release, D.R. Horton reported consolidated revenue of $7.6 billion, higher net sales orders, significant share repurchases, and a quarterly dividend of $0.45 per share. Management emphasized strong liquidity, moderate leverage and continued financial flexibility. For investors, DHI is therefore a high-quality cyclical exposure to the United States housing market, supported by scale, brand breadth, disciplined capital allocation and a diversified mix of homebuilding, rental and ancillary services.