<SEC-DOCUMENT>0000950170-25-021380.txt : 20250214
<SEC-HEADER>0000950170-25-021380.hdr.sgml : 20250214
<ACCEPTANCE-DATETIME>20250214165613
ACCESSION NUMBER:		0000950170-25-021380
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250214
DATE AS OF CHANGE:		20250214

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HORTON D R INC /DE/
		CENTRAL INDEX KEY:			0000882184
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				752386963
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-43336
		FILM NUMBER:		25630408

	BUSINESS ADDRESS:	
		STREET 1:		1341 HORTON CIRCLE
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76011
		BUSINESS PHONE:		(817) 390-8200

	MAIL ADDRESS:	
		STREET 1:		1341 HORTON CIRCLE
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76011

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Horton Family Limited Partnership
		CENTRAL INDEX KEY:			0001825861
		ORGANIZATION NAME:           	
		IRS NUMBER:				852355619
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		1501 ALTA DRIVE
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76107
		BUSINESS PHONE:		(817) 737-9490

	MAIL ADDRESS:	
		STREET 1:		1501 ALTA DRIVE
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76107
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001193125-24-035723</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001825861</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>5</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000882184</issuerCik>
        <issuerName>D.R. Horton, Inc.</issuerName>
        <issuerCusip>23331A109</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <street1 xmlns="http://www.sec.gov/edgar/common">1341 Horton Circle</street1>
          <city xmlns="http://www.sec.gov/edgar/common">Arlington</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">TX</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">76011</zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Horton Family Limited Partnership</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>TX</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>16649319</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>16649319</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>16649319</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.24</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>The calculation of the percentage in row (11) is based on 317,652,200 shares of Common Stock outstanding as of December 31, 2024, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2024 filed with the Securities and Exchange Commission on January 23, 2025. </comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Horton Family GP, L.L.C.</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>TX</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>16649319</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>16649319</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>16649319</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.24</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>The aggregate amount in row (9) consists of 16,649,319 shares held of record by Horton Family Limited Partnership.
The calculation of the percentage in row (11) is based on 317,652,200 shares of Common Stock outstanding as of December 31, 2024, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2024 filed with the Securities and Exchange Commission on January 23, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Horton Family Limited Partnership II</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>TX</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>3456970</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>3456970</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3456970</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>1.09</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>The calculation of the percentage in row (11) is based on 317,652,200 shares of Common Stock outstanding as of December 31, 2024, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2024 filed with the Securities and Exchange Commission on January 23, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Double R GP, L.L.C.</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>TX</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>3456970</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>3456970</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3456970</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>1.09</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>The aggregate acmount in row (9) consists of 3,456,970 shares held of record by Horton Family Limited Partnership II.
The calculation of the percentage in row (11) is based on 317,652,200 shares of Common Stock outstanding as of December 31, 2024, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2024 filed with the Securities and Exchange Commission on January 23, 2025. </comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Donald Ryan Horton</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>4619343</soleVotingPower>
        <sharedVotingPower>21474294</sharedVotingPower>
        <soleDispositivePower>4619343</soleDispositivePower>
        <sharedDispositivePower>21474294</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>26093637</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>8.21</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>The aggregate amount in row (9) consists of (i) 16,649,319 shares held of record by Horton Family Limited Partnership, (ii) 3,456,970 shares held of record by Horton Family Limited Partnership II, (iii) 3,185,240 shares held of record by Sea Mint Pond, L.P., (iv) 684,111 shares held in trusts for the benefit of his children and the children of Douglas Reagan Horton, for which Mr. Horton serves as trustee, (v) 749,992 shares held in trust for his benefit, for which he serves as trustee, and (vi) 1,368,005 shares held in trust for the benefit of Martha Elizabeth Horton, for which Mr. Horton serves as co-trustee. Mr. Horton disclaims beneficial ownership with respect to any shares of Common Stock not owned of record by him.
The calculation of the percentage in row (11) is based on 317,652,200 shares of Common Stock outstanding as of December 31, 2024, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2024 filed with the Securities and Exchange Commission on January 23, 2025.
</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Douglas Reagan Horton</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>4587376</soleVotingPower>
        <sharedVotingPower>21474294</sharedVotingPower>
        <soleDispositivePower>4587376</soleDispositivePower>
        <sharedDispositivePower>21474294</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>26061670</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>8.2</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>The aggregate amount in row (9) consists of (i) 16,649,319 shares held of record by Horton Family Limited Partnership, (ii) 3,456,970 shares held of record by Horton Family Limited Partnership II, (iii) 412,500 shares held of record by RM Horton, Ltd, (iv) 2,743,666 shares held of record by Alta Drive, Ltd., (v) 683,210 shares held in trusts for the benefit of his children and the children of Donald Ryan Horton, for which Mr. Horton serves as trustee, (vi) 748,000 shares held in trusts for his benefit, for which he serves as trustee, and (vii) 1,368,005 shares held in trust for the benefit of Martha Elizabeth Horton, for which Mr. Horton serves as co-trustee. Mr. Horton disclaims beneficial ownership with respect to any shares of Common Stock not owned of record by him.
The calculation of the percentage in row (11) is based on 317,652,200 shares of Common Stock outstanding as of December 31, 2024, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2024 filed with the Securities and Exchange Commission on January 23, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>D.R. Horton, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1341 Horton Circle  Arlington, TX 76011</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of:

 	(i)	Horton Family Limited Partnership

 	(ii)	Horton Family GP, L.L.C.

 	(iii)	Horton Family Limited Partnership II

 	(iv)	Double R GP, L.L.C.

 	(v)	Donald Ryan Horton

 	(vi)	Douglas Reagan Horton

The Reporting Persons have entered into a Joint Filing Agreement, dated February 16, 2021, a copy of which is filed herewith as Exhibit 1. </filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>1501 Alta Drive
Fort Worth, TX 76107
</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Each of Horton Family Limited Partnership, Horton Family GP, L.L.C., Horton Family Limited Partnership II and Double R GP, L.L.C. is organized under the laws of the State of Texas. Donald Ryan Horton and Douglas Reagan Horton are each U.S. citizens. </citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>As of the date hereof, each of the Reporting Persons may be deemed to be the beneficial owner of the shares of Common Stock listed on such Reporting Person's cover page. Horton Family Limited Partnership directly holds 16,649,319 shares of Common Stock. Horton Family GP, L.L.C., as the general partner of Horton Family Limited Partnership, may be deemed to beneficially own the shares held directly by Horton Family Limited Partnership. Horton Family GP, L.L.C. is a manager-managed limited liability company. Each of Donald Ryan Horton and Douglas Reagan Horton are managers of Horton Family GP, L.L.C. and may be deemed to beneficially own, and to share voting and dispositive power over, the shares held directly by Horton Family Limited Partnership.

Horton Family Limited Partnership II directly holds 3,456,970 shares of Common Stock. Double R GP, L.L.C., as the general partner of Horton Family Limited Partnership II, may be deemed to beneficially own the shares held directly by Horton Family Limited Partnership II. Double R GP, L.L.C. is a manager-managed limited liability company. Each of Donald Ryan Horton and Douglas Reagan Horton are managers of Double R GP, L.L.C. and may be deemed to beneficially own, and to share voting and dispositive power over, the shares held directly by Horton Family Limited Partnership II.

Donald Ryan Horton serves as trustee of the Ryan Horton Revocable Trust, which is the sole member of Sea Mint GP, L.L.C., which is the general partner of Sea Mint Pond, L.P., the holder of record of 3,185,240 shares of Common Stock. As a result, Mr. Horton may be deemed to beneficially own, and to possess sole voting and dispositive power over, the shares of Common Stock held directly by Sea Mint Pond, L.P. Mr. Horton also serves as trustee for a total of 684,111 shares of Common Stock held in trusts for the benefit of his children and the children of Douglas Reagan Horton and for 749,992 shares of Common Stock held in trust for his benefit, and therefore may be deemed to beneficially own, and to possess sole voting and dispositive power over, such shares. In addition, Mr. Horton serves as co-trustee for 1,368,005 shares of Common Stock held in trust for the benefit of Martha Elizabeth Horton and therefore may be deemed to beneficially own, and to share voting and dispositive power over, such shares.

Douglas Reagan Horton serves as trustee of the Reagan Horton Revocable Trust, which is the sole member of RayRay LLC, which is the general partner of Alta Drive, Ltd., the holder of record of 2,743,666 shares of Common Stock. As a result, Mr. Horton may be deemed to beneficially own, and to possess sole voting and dispositive power over, the shares of Common Stock held directly by Alta Drive, Ltd. Mr. Horton and his spouse are the managers of RMDM Management, L.L.C., which is the general partner of RM Horton, Ltd., the holder of record of 412,500 shares of Common Stock. As a result, Mr. Horton may be deemed to beneficially own, and to possess shared voting and dispositive power over, the shares of Common Stock held directly by RM Horton, Ltd. Mr. Horton also serves as trustee for a total of 683,210 shares of Common Stock held in trusts for the benefit of his children and the children of Donald Ryan Horton, and for 748,000 shares of Common Stock held in trust for his benefit, and therefore may be deemed to beneficially own, and to possess sole voting and dispositive power over, such shares. In addition, Mr. Horton serves as co-trustee for 1,368,005 shares of Common Stock held in trust for the benefit of Martha Elizabeth Horton and therefore may be deemed to beneficially own, and to share voting and dispositive power over, such shares.

Each of Donald Ryan Horton and Douglas Reagan Horton disclaim beneficial ownership with respect to any shares of Common Stock not owned of record by such reporting person.
</amountBeneficiallyOwned>
        <classPercent>Each of the Reporting Persons may be deemed to be the beneficial owner of the percentage of Common Stock listed on such Reporting Person's cover page. </classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>See each cover page hereof. </solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See each cover page hereof. </sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>See each cover page hereof. </solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See each cover page hereof. </sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>Each of the Reporting Persons hereby makes the following certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit 1	  	Joint Filing Agreement, dated February 16, 2021, among the Reporting Persons (incorporated by reference to Exhibit 99.1 to the Schedule 13G/A filed by the Reporting Persons on February
                        16, 2021).</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Horton Family Limited Partnership</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Donald Ryan Horton</signature>
        <title>Donald Ryan Horton/Manager of Horton Family GP, L.L.C., Horton Family Limited Partnership's general partner</title>
        <date>02/14/2025</date>
      </signatureDetails>
      <signatureDetails>
        <signature>/s/ Douglas Reagan Horton</signature>
        <title>Douglas Reagan Horton/Manager of Horton Family GP, L.L.C., Horton Family Limited Partnership's general partner</title>
        <date>02/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Horton Family GP, L.L.C.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Donald Ryan Horton</signature>
        <title>Donald Ryan Horton/Manager</title>
        <date>02/14/2025</date>
      </signatureDetails>
      <signatureDetails>
        <signature>/s/ Douglas Reagan Horton</signature>
        <title>Douglas Reagan Horton/Manager</title>
        <date>02/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Horton Family Limited Partnership II</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Donald Ryan Horton</signature>
        <title>Donald Ryan Horton/Manager of Double R GP, L.L.C., Horton Family Limited Partnership II's general partner</title>
        <date>02/14/2025</date>
      </signatureDetails>
      <signatureDetails>
        <signature>/s/ Douglas Reagan Horton</signature>
        <title>Douglas Reagan Horton/Manager of Double R GP, L.L.C., Horton Family Limited Partnership II's general partner</title>
        <date>02/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Double R GP, L.L.C.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Donald Ryan Horton</signature>
        <title>Donald Ryan Horton/Manager</title>
        <date>02/14/2025</date>
      </signatureDetails>
      <signatureDetails>
        <signature>/s/ Douglas Reagan Horton</signature>
        <title>Douglas Reagan Horton/Manager</title>
        <date>02/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Donald Ryan Horton</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Donald Ryan Horton</signature>
        <title>Donald Ryan Horton</title>
        <date>02/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Douglas Reagan Horton</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Douglas Reagan Horton</signature>
        <title>Douglas Reagan Horton</title>
        <date>02/14/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
