Director buys 20,300 Smith Douglas Homes (SDHC) shares in open market
Rhea-AI Filing Summary
Smith Douglas Homes Corp. director George Ervin Perdue III reported an open-market purchase of 20,300 shares of Class A common stock. The weighted-average purchase price was $12.2666 per share, with individual trades executed between $11.76 and $12.67 per share. Following this transaction, he directly owns 60,684 shares of Smith Douglas Homes common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,300 shares
Net Buy
1 txn
Insider
Perdue George Ervin III
Role
Director
Bought
20,300 shs ($249K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 20,300 | $12.2666 | $249K |
Holdings After Transaction:
Class A Common Stock — 60,684 shares (Direct)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average of the purchase prices. These shares were purchased in multiple transactions at prices ranging from $11.76 to $12.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
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FAQ
What insider transaction did Smith Douglas Homes (SDHC) report?
Smith Douglas Homes (SDHC) reported that director George Ervin Perdue III bought 20,300 shares of Class A common stock. This was an open-market purchase, meaning he bought the shares on the market rather than receiving them as compensation or through option exercises.
Was the SDHC insider trade a purchase or a sale?
The Form 4 shows a purchase. Director George Ervin Perdue III executed an open-market buy of 20,300 shares of Smith Douglas Homes Class A common stock, increasing his direct ownership to 60,684 shares after the transaction.
Did the Smith Douglas Homes (SDHC) filing mention multiple trade prices?
Yes. A footnote states the $12.2666 figure is a weighted average and that the 20,300 shares were purchased in multiple trades. Individual transaction prices ranged from $11.76 to $12.67 per share, and detailed breakdowns are available on request.