D.R. Horton Files 8-K for Material Definitive Agreement
Ticker: DHI · Form: 8-K · Filed: 2024-12-23T00:00:00.000Z
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, 8-k
TL;DR
DRH signed a big financial deal on Dec 18th. 8-K filed.
AI Summary
On December 18, 2024, D.R. Horton, Inc. entered into a material definitive agreement related to financial obligations. The company, incorporated in Delaware with its principal executive offices in Arlington, Texas, filed this 8-K report to disclose these events. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates D.R. Horton has entered into a significant financial agreement, which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce financial risks and operational changes for a company.
Key Players & Entities
- D.R. Horton, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Arlington, Texas (location) — Principal executive offices
- December 18, 2024 (date) — Date of earliest event reported
FAQ
What specific type of material definitive agreement did D.R. Horton, Inc. enter into?
The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this excerpt.
What is the significance of the 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' item?
This item signifies that D.R. Horton, Inc. has either taken on a new direct financial commitment or has entered into an arrangement that could lead to future financial obligations not immediately reflected on its balance sheet.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 18, 2024.
What is D.R. Horton, Inc.'s SIC code and industry?
D.R. Horton, Inc.'s Standard Industrial Classification (SIC) code is 1531, which corresponds to OPERATIVE BUILDERS.
Where are D.R. Horton, Inc.'s principal executive offices located?
D.R. Horton, Inc.'s principal executive offices are located at 1341 Horton Circle, Arlington, Texas 76011.
Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 9.2 · Accepted 2024-12-23 17:11:02
Key Financial Figures
- $2.23 billion — ggregate Revolving Credit Commitment to $2.23 billion. Certain of the Lenders under the Cre
Filing Documents
- d918416d8k.htm (8-K) — 30KB
- d918416dex101.htm (EX-10.1) — 805KB
- 0001193125-24-284294.txt ( ) — 1167KB
- dhi-20241218.xsd (EX-101.SCH) — 4KB
- dhi-20241218_def.xml (EX-101.DEF) — 13KB
- dhi-20241218_lab.xml (EX-101.LAB) — 21KB
- dhi-20241218_pre.xml (EX-101.PRE) — 14KB
- d918416d8k_htm.xml (XML) — 5KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibit 10.1 Amendment No. 12 to Credit Agreement, dated December 18, 2024 by and among D.R. Horton, Inc., Mizuho Bank, Ltd., as successor Administrative Agent, and the Lenders named therein. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document contained in Exhibit 101). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. D.R. Horton, Inc. Date: December 23, 2024 By: /s/ Bill W. Wheat Bill W. Wheat Executive Vice President and Chief Financial Officer 3