Smith Douglas CEO buys 2,000 company shares
Smith Douglas Homes’ chief executive reported open-market purchases totaling 2,000 SDHC shares over two consecutive days.
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares
Net Buy
2 txns
Insider
Bennett Gregory S
Role
See Remarks
Bought
2,000 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 1,000 | $11.50 | $12K |
| Purchase | Class A Common Stock | 1,000 | $12.1966 | $12K |
Holdings After Transaction:
Class A Common Stock — 219,526 shares (Direct)
Key Figures
Shares purchased September 1, 2026: 1,000 shares
Purchase price September 1, 2026: $12.1966 per share
Shares purchased September 2, 2026: 1,000 shares
+2 more
5 metrics
Shares purchased September 1, 2026
1,000 shares
Class A Common Stock purchased by Bennett Gregory S
Purchase price September 1, 2026
$12.1966 per share
Price paid for 1,000 SDHC Class A shares
Shares purchased September 2, 2026
1,000 shares
Additional Class A Common Stock purchased by Bennett Gregory S
Purchase price September 2, 2026
$11.50 per share
Price paid for 1,000 SDHC Class A shares
Total shares purchased
2,000 shares
Combined purchases on September 1 and 2, 2026
Key Terms
open-market or private transaction, Rule 10b5-1 trading plan
2 terms
open-market or private transaction market
"Each trade is described as a purchase in an open-market or private transaction."
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
Was the SDHC insider purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions, meaning the purchases are not identified as being made under a pre-arranged trading plan.
Are the SDHC insider transactions reported on this Form 4 buys or sells?
Both reported transactions are purchases of SDHC Class A Common Stock. Each is described as a purchase in an open-market or private transaction, and there are no sales reported in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.