D.R. Horton Appends Carl Reichardt to Nine-Member Board
D.R. Horton, Inc. appointed Carl E. Reichardt, Jr. as an independent director effective October 22, 2026. The addition expands the company's Board of Directors to nine members, seven of whom are classified as independent. The Board will evaluate potential committee assignments for Reichardt after the annual meeting of stockholders scheduled for January 14, 2027.
D.R. Horton, Inc. appointed Carl E. Reichardt, Jr. as an independent director effective October 22, 2026. The addition expands the company's Board of Directors to nine members, seven of whom are classified as independent. The Board will evaluate potential committee assignments for Reichardt after the annual meeting of stockholders scheduled for January 14, 2027.
Reichardt, age 61, previously served as a Partner at BTIG, LLC from 2024 until his retirement in 2025. He held the role of Managing Director at BTIG from 2016 to 2023. Before joining BTIG, he worked as Chief Investment Officer for Hacienda Capital Partners LLC from 2012 to 2016. His earlier career included roles at Wells Fargo Securities from 2003 to 2011 and Banc of America Securities from 1993 to 2003. He holds a Bachelor of Arts from Georgetown University and a Master of Business Administration from Stanford University.
The company disclosed specific compensatory arrangements tied to his appointment. Reichardt will receive annual cash fees of $80,000, paid in quarterly installments of $20,000. He will also receive an annual restricted stock unit award with a grant date value of $235,000, which vests on the first anniversary of the grant date. Additionally, he was granted a one-time new director restricted stock unit award with a grant date value of $250,000. This award vests in five equal annual installments beginning on the first anniversary of the grant date.
The filing states there is no arrangement or understanding between Reichardt and any other person regarding his selection as a director. It confirms no family relationships exist between him and any current officer or director of D.R. Horton. The company reports that Reichardt is not a party to any transaction, and no transaction is currently proposed, that would require disclosure under Item 404(a) of Regulation S-K.
D.R. Horton, Inc., incorporated in Delaware, filed the Form 8-K current report with the U.S. Securities and Exchange Commission on October 26, 2026. The document was signed by Thomas B. Montaño, Senior Vice President and Corporate Secretary. The company's principal executive offices are located at 1341 Horton Circle in Arlington, Texas. D.R. Horton common stock and its 5.000% Senior Notes due 2034 are registered for trading on the New York Stock Exchange under the symbol DHI.