Smith Douglas Homes (SDHC) officer adds 2,000 shares in open-market buy
Filing Impact
Filing Sentiment
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 Trade Summary
Net Buyer: 2,000 shares ($21,760)
Net Buy
1 txn
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)
Key Figures
Shares purchased: 2,000 shares
Purchase price: $10.88 per share
Total direct holdings: 315,461 shares
+1 more
4 metrics
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
Key Terms
Class A Common Stock, open-market purchase, Purchase in open market or private transaction, Form 4
4 terms
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.
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.
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.