Smith Douglas Homes (NYSE: SDHC) CFO has 14,024 shares withheld
Rhea-AI Filing Summary
Smith Douglas Homes Corp. Executive Vice President & Chief Financial Officer Russell Devendorf reported a Form 4 transaction involving Class A common stock. On January 16, 2026, 14,024 shares were withheld at $20.90 per share to pay withholding taxes due upon the vesting of a portion of restricted stock units that were granted to him on January 16, 2024. After this tax withholding transaction, he beneficially owns 285,928 Class A common shares, held directly.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did SDHC CFO Russell Devendorf report on this Form 4?
The Form 4 reports that Russell Devendorf, Executive Vice President & Chief Financial Officer of Smith Douglas Homes Corp. (SDHC), had 14,024 shares of Class A common stock withheld on January 16, 2026 to cover withholding taxes related to vesting restricted stock units.
Was the 14,024-share Form 4 transaction for SDHC an open-market sale?
No. The footnote explains that the 14,024 shares of Class A common stock were withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the reporting person, rather than an open-market sale.
How many Smith Douglas Homes (SDHC) shares does the CFO own after this Form 4 transaction?
Following the reported tax withholding transaction, Russell Devendorf beneficially owns 285,928 shares of Smith Douglas Homes Corp. Class A common stock, held directly.
What was the price per share used for the SDHC tax withholding transaction?
The 14,024 shares of Smith Douglas Homes Corp. Class A common stock withheld for taxes were valued at $20.90 per share in the reported transaction.
What is the role of the reporting person in Smith Douglas Homes Corp. (SDHC)?
The reporting person, Russell Devendorf, is identified as an officer of Smith Douglas Homes Corp., with the remarks specifying his title as Executive Vice President & Chief Financial Officer.
What triggered the SDHC CFO’s tax withholding transaction reported on this Form 4?
The tax withholding arose from the vesting of a portion of restricted stock units that were granted to the reporting person on January 16, 2024, leading to the withholding of 14,024 shares to satisfy withholding tax obligations.