Auld David V, Executive Vice Chair at D.R. Horton (DHI), has demonstrated a consistent pattern of selling activity over the past two years, with no recorded purchases in SEC filings. His transactions, totaling over $25.1 million in sales, have been concentrated exclusively in DHI shares. The largest single sale occurred on September 5, 2025, when he disposed of shares worth approximately $5.47 million, followed by another significant sale of $3.91 million on March 20, 2024. Smaller but recurring sales have punctuated this trend, including multiple transactions in the $300,000–$700,000 range, such as a $623,020 sale on November 20, 2025, and a $698,900 transaction on March 23, 2024.
Recent filings show the selling activity has continued into late 2025, with two additional dispositions recorded in December. On December 1, Auld sold $233,222 worth of DHI shares, following a $373,796 transaction on November 8. Notably, his October 29, 2025, filing included a sizable $12.4 million sale, reinforcing the sustained divestment pattern. While some filings include codes for gifts (G) or acquisitions (A), these entries reflect zero-dollar transactions, indicating no offsetting buying activity. The absence of purchases and the repeated sales—particularly the clustering of multi-million-dollar disposals—suggest a deliberate reduction in his DHI holdings over time.
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