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HORTON D R INC /DE/ : Entry into a Material Definitive Agreement, Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

10/01/2021 | 04:08pm

Item 1.01. Entry into a Material Definitive Agreement.

The information set forth below under Item 5.02(e) "Compensatory Arrangements of
Certain Officers" is hereby incorporated by reference into this Item 1.01.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

(c) Appointment of Certain Officers

Effective October 1, 2021, the Company's Board of Directors appointed and
promoted Paul J. Romanowski, age 51, to the office of Executive Vice President
and Co-Chief Operating Officer of the Company.

Mr. Romanowski has more than 20 years of experience in residential development
and homebuilding with the Company. Mr. Romanowski joined D.R. Horton in 1999 as
Division President of the Company's South Florida division. In 2014, he was
promoted to Region President overseeing all D.R. Horton homebuilding divisions
in Florida and the Gulf Coast. In 2019, his oversight responsibilities were
expanded to also include the Company's operations in five Mid-Atlantic states.
Prior to joining D.R. Horton, Mr. Romanowski worked for Metrostudy and in land
acquisition for another public homebuilder. He graduated from Butler University
in 1992 with a Bachelor of Business Administration degree in Marketing.
Mr. Romanowski is expected to be a "named executive officer" in the Company's
proxy statement for the Company's fiscal year 2022 and will be a Section 16
reporting person.

(e) Compensatory Arrangements of Certain Officers

Effective October 1, 2021, the Compensation Committee of the Board of Directors
approved fiscal year 2022 compensation for Mr. Romanowski as set forth on
Exhibit 10.1 hereto, which is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

10.1 Summary Compensation Term Sheet - Paul J. Romanowski

104 Cover Page Interactive Data File (embedded within the Inline XBRL
documented contained in 101).



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