The estimated Net Worth of Michael R Buchanan is at least $3.92 Million dollars as of 6 May 2024. Mr. Buchanan owns over 2,000 units of D.R. Horton stock worth over $315,327 and over the last 21 years he sold DHI stock worth over $3,020,458. In addition, he makes $584,954 as Independent Director at D.R. Horton.
Michael has made over 44 trades of the D.R. Horton stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 2,000 units of DHI stock worth $301,400 on 6 May 2024.
The largest trade he's ever made was exercising 34,000 units of D.R. Horton stock on 28 August 2012 worth over $451,520. On average, Michael trades about 1,772 units every 51 days since 2003. As of 6 May 2024 he still owns at least 1,703 units of D.R. Horton stock.
You can see the complete history of Mr. Buchanan stock trades at the bottom of the page.
Michael R. Buchanan serves as Independent Director of the Company. Mr. Buchanan has significant commercial banking experience with several banking institutions serving the real estate and homebuilding sectors. He retired from commercial banking in March 2002. From March 2002 to March 2003, Mr. Buchanan was engaged as a senior advisor to Banc of America Securities. From 1998 to March 2002, Mr. Buchanan was a Managing Director of Bank of America, an executive officer position in which he was head of its national real estate banking group. From 1990 to 1998, Mr. Buchanan was an Executive Vice President of NationsBank, which later merged with Bank of America. Mr. Buchanan was appointed to our Board’s Audit Committee in July 2003, Nominating and Governance Committee in November 2003 and Compensation Committee in January 2004. Mr. Buchanan is a highly experienced commercial banker who served the real estate and homebuilding sectors. His experience in these areas allows him to provide the Board with both a broad-based and a granular perspective on the homebuilding industry. Mr. Buchanan also brings his experience of having served on a board of a real estate investment trust, thereby providing the Board with additional perspective on the real estate industry and serving on a board of directors.
As the Independent Director of D.R. Horton, the total compensation of Michael Buchanan at D.R. Horton is $584,954. There are 8 executives at D.R. Horton getting paid more, with Donald R. Horton having the highest compensation of $33,250,339.
Michael Buchanan is 72, he's been the Independent Director of D.R. Horton since 2003. There are 1 older and 14 younger executives at D.R. Horton. The oldest executive at D.R. Horton Inc. is Barbara Allen, 73, who is the Independent Director.
Michael's mailing address filed with the SEC is 1341 HORTON CIRCLE, , ARLINGTON, TX, 76011.
Over the last 21 years, insiders at D.R. Horton have traded over $180,478,748 worth of D.R. Horton stock and bought 1,500 units worth $38,205 . The most active insiders traders include Donald R Horton, David V Auld, and Donald J Tomnitz. On average, D.R. Horton executives and independent directors trade stock every 17 days with the average trade being worth of $6,740,009. The most recent stock trade was executed by Aron M. Odom on 23 August 2024, trading 1,000 units of DHI stock currently worth $191,250.
d.r. horton - america's builder d.r. horton is dedicated to building quality crafted, distinctive homes across the united states. the company has developed a reputation for high quality homes with features and amenities other builders often consider options or upgrades. the flexible home designs, attention to detail and affordable pricing are what make d.r. horton a national leader in the residential home building industry. donald r. horton began his own construction business in 1978 in the dallas/fort worth metroplex. in 1987, d.r. horton began expanding its operations by seeking out the nation's most active homebuilding markets. additionally, d.r. horton provides mortgage and title insurance services in many of its markets.
D.R. Horton executives and other stock owners filed with the SEC include: