Welcome to our dedicated page for Smith Douglas Homes SEC filings (Ticker: SDHC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Smith Douglas Homes Corp. filings document the company’s public-company reporting as a NYSE-listed homebuilder and emerging growth company. Recent Form 8-K reports furnish quarterly and annual financial-result releases that include home closings, home closing revenue, gross margin, net new orders, backlog and income measures tied to its homebuilding operations.
The company’s definitive proxy statement covers annual meeting procedures, stockholder voting matters and governance disclosures. Its filings also identify emerging growth company status and provide formal records for material events, operating results and corporate governance matters affecting Smith Douglas Homes.
Smith Douglas Homes Corp. (SDHC) director and ten percent owner Thomas L. Bradbury purchased 19,360 shares of Class A common stock on September 10, 2026 in an open-market transaction at a weighted-average price of $10.3059 per share. After this purchase, he directly owns 78,278 shares, and no Rule 10b5-1 trading plan is reported.
Smith Douglas Homes Corp. (SDHC) reported that President, Chief Executive Officer and Vice Chairman Bennett Gregory S purchased a total of 2,000 shares of Class A Common Stock in open-market or private transactions. The purchases occurred on September 1, 2026 at $12.1966 per share and on September 2, 2026 at $11.50 per share. No Rule 10b5-1 trading plan is reported for these transactions, and the filing does not state his total holdings after the purchases.
Smith Douglas Homes Corp. (SDHC) reported that Executive Vice President & Chief Financial Officer Russell Devendorf purchased additional shares of the company’s Class A Common Stock. On 2026-08-25, he bought 1,000 shares at $12.34 per share in an open market or private transaction, held directly.
Following this transaction, Devendorf’s directly held position increased to 317,461 shares of Class A Common Stock. The filing indicates the Rule 10b5-1 checkbox was not marked, and there were no derivative security transactions reported.
Smith Douglas Homes Corp. (SDHC) reported that Executive Vice President & Chief Financial Officer Devendorf Russell purchased 1,000 shares of Class A Common Stock on 2026-08-20 at $12.68 per share in an open-market or private transaction. Following this buy, he holds 316,461 shares directly. The Rule 10b5-1 trading plan box was not checked.
Smith Douglas Homes Corp has three institutional investors reporting significant beneficial ownership of its common stock. Kayne Anderson Rudnick Investment Management, LLC reports beneficial ownership of 974,282 shares, representing 11.7% of the class, with 458,686 shares under sole voting power and 496,559 under shared voting power.
Virtus Investment Advisers, LLC reports 495,930 shares, or 5.9%, all with shared voting and dispositive power. Virtus Equity Trust, on behalf of Virtus KAR Small-Cap Growth Fund, reports 458,159 shares, or 5.5%, also entirely with shared voting and dispositive power. For shares held by the registered investment company, only the custodian may directly receive dividends and sale proceeds, while fund shareholders participate proportionately.
Smith Douglas Homes Corp., a single-family homebuilder operating in southeastern and southern U.S. markets, reported higher home closing revenue but sharply lower profitability for the three and six months ended June 30, 2026. Home closing revenue was $273.0 million for the quarter and $479.5 million year‑to‑date, up from $223.9 million and $448.6 million in the prior‑year periods. Quarterly net income fell to $1.8 million from $17.2 million, with net income attributable to Smith Douglas Homes Corp. at $0.2 million (diluted EPS $0.03). For the six‑month period, net income was $5.8 million versus $35.1 million, with EPS of $0.09.
Total assets were $592.1 million at June 30, 2026, including $331.2 million of real estate inventory and $139.3 million of deposits on real estate under option or contract. Notes payable totaled $66.0 million, primarily borrowings of $63.0 million under a $325.0 million unsecured revolving credit facility maturing in 2029, with about $199.7 million of availability. Operating cash flow improved to $4.9 million provided in the first half of 2026 compared with $63.8 million used a year earlier. The company operates an Up‑C structure: public Class A shareholders indirectly hold about 17.7% of the economic interest in Smith Douglas Holdings LLC, while Continuing Equity Owners retain 82.3% and voting control through high‑vote Class B stock and a Tax Receivable Agreement under which they receive 85% of specified tax benefits. A $50.0 million stock repurchase program led to repurchases of 761,955 Class A shares for $10.1 million in the first half, leaving $40.0 million authorized.
Smith Douglas Homes Corp. reported Q2 2026 home closing revenue of $273.0 million, up 22% from Q2 2025, as home closings rose 25% to 839 and net new home orders increased 32% to 970. Backlog grew 17% to 1,000 homes with contract value of $322,147 thousand, and active communities increased 20% to 110.
Pretax income was $1.9 million, including $7.6 million of real estate inventory impairment and lot option contract abandonment charges, compared with $17.2 million a year earlier. Net income was $1,768 thousand, with net income attributable to Smith Douglas at $246 thousand, and diluted EPS declined to $0.03 from $0.26 as home closing gross margin decreased to 17.6% from 23.2%.
For the first half of 2026, net cash provided by operating activities was $4,850 thousand versus a $(63,847) thousand use in 2025, and cash and cash equivalents were $14,200 thousand. Notes payable increased to $66,026 thousand, raising debt-to-book capitalization to 13.2% and net debt-to-net book capitalization to 10.7%. The company repurchased 312,351 Class A shares for $4.4 million and controlled 23,527 lots at June 30, 2026.
Faucett Neill B reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director Neill B. Faucett received an equity grant of 1,612 shares of Class A common stock, valued at $15.51 per share. This award was issued under the company’s Amended Non-Employee Director Compensation Program and 2024 Incentive Award Plan in lieu of quarterly cash retainers.
Following this compensation-related share award, Faucett directly holds 34,413 shares of Smith Douglas Homes common stock. This is a routine, non-market transaction reflecting director fees taken in stock rather than a purchase on the open market.
Jackson Jeffrey T reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director Jeffrey T. Jackson received 2,015 shares of Class A common stock as a grant under the company’s Amended Non-Employee Director Compensation Program and 2024 Incentive Award Plan, in lieu of quarterly cash retainers. After this award, he directly holds 46,429 shares.
Smith Douglas Homes Corp. reported the results of its Annual Meeting of Stockholders held on June 4, 2026. Stockholders representing 50,283,755 shares of common stock, or approximately 99.87% of the voting power, were present or represented by proxy, indicating very high participation.
All eight nominated directors were elected, each receiving substantially more votes "FOR" than "WITHHELD." Stockholders also ratified Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 432,193,281 votes for and minimal opposition.