STOCK TITAN

Smith Douglas Homes (SDHC) officer adds 2,000 shares in open-market buy

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Smith Douglas Homes Corp. officer Devendorf Russell reported an open-market purchase of 2,000 shares of Class A Common Stock on May 20, 2026 at $10.88 per share. After this transaction, his directly held stake increased to 315,461 shares, indicating a modest addition to his existing position.

Positive

  • None.

Negative

  • None.
Insider Devendorf Russell
Role See Remarks
Bought 2,000 shs ($22K)
Type Security Shares Price Value
Purchase Class A Common Stock 2,000 $10.88 $22K
Holdings After Transaction: Class A Common Stock — 315,461 shares (Direct, null)
Footnotes (1)
Shares purchased 2,000 shares Open-market purchase on May 20, 2026
Purchase price $10.88 per share Class A Common Stock transaction price
Total direct holdings 315,461 shares Direct ownership after the transaction
Net buy shares 2,000 shares Net change in non-derivative holdings in this Form 4
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Purchase in open market or private transaction financial
"transaction_code_description: "Purchase in open market or private transaction""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Devendorf Russell

(Last)(First)(Middle)
110 VILLAGE TRAIL, SUITE 215

(Street)
WOODSTOCK GEORGIA 30188

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Smith Douglas Homes Corp. [ SDHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/20/2026P2,000A$10.88315,461D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Executive Vice President & Chief Financial Officer
/s/ Brett A. Steele, Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Devendorf Russell do in this Smith Douglas Homes (SDHC) Form 4 filing?

Devendorf Russell reported buying 2,000 shares of Smith Douglas Homes Class A Common Stock in an open-market transaction. This Form 4 shows a personal share purchase rather than a sale or option exercise, reflecting a small increase in his direct ownership stake.

How many Smith Douglas Homes (SDHC) shares did Devendorf Russell buy and at what price?

He purchased 2,000 shares of Smith Douglas Homes Class A Common Stock at $10.88 per share. The transaction is categorized as an open-market purchase, meaning the shares were acquired on the market rather than through a grant or option exercise.

What is Devendorf Russell’s total direct ownership in Smith Douglas Homes (SDHC) after this transaction?

Following the reported transaction, Devendorf Russell directly owns 315,461 shares of Smith Douglas Homes Class A Common Stock. This total includes the newly purchased 2,000 shares and provides a snapshot of his direct stake as of the Form 4’s reported date.

Was this Smith Douglas Homes (SDHC) Form 4 transaction a buy or a sell?

The transaction is a buy. The Form 4 classifies it as an open-market purchase, with a transaction code “P” and a net-buy direction, indicating 2,000 shares were added to Devendorf Russell’s holdings rather than disposed of or transferred.

Does Devendorf Russell have any derivative positions reported in this Smith Douglas Homes (SDHC) Form 4?

This Form 4 does not list any derivative transactions or remaining derivative positions for Devendorf Russell. The filing’s derivative summary is empty, indicating only non-derivative Class A Common Stock holdings and purchases are reported in this instance.