D.R. Horton adds Carl Reichardt to board as independent director, expanding it to nine
D.R. Horton appointed Carl E. Reichardt, Jr. as an independent director effective October 22, 2026, expanding the board to nine members, seven of them independent. He receives annual cash fees of $80,000 and equity awards with grant-date values of $235,000 and $250,000, a routine governance change with limited direct financial effect on shareholders.
Key points
- Carl E. Reichardt, Jr. appointed to the Board effective October 22, 2026; board expands to nine directors, seven independent
- Annual cash fees of $80,000, paid in quarterly installments of $20,000
- Annual RSU award with $235,000 grant-date value, plus one-time new director RSU award of $250,000
- Board will consider committee appointments after the January 14, 2027 Annual Meeting of Stockholders
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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