8-KItem 5.02 · Officer/Director Change
D.R. Horton appoints Carl Reichardt as independent director
Filed with the SEC on · Summarized by InvestorsBot
D.R. Horton appointed Carl E. Reichardt, Jr. to its board effective October 22, 2026, expanding the board to nine directors, including seven independent members. Reichardt will receive $80,000 in annual cash fees, a $235,000 annual restricted stock unit award vesting after one year, and a one-time $250,000 restricted stock unit award vesting over five years.