Smith Douglas director granted 10,008 RSUs
Wedewer Neil B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Wedewer Neil B reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director Neil B. Wedewer received an equity award in the form of restricted stock units. He was granted 10,008 RSUs, each representing one share of Class A Common Stock, at a price of $0.00 per unit as compensation rather than a market purchase.
The RSUs vest in full on the earlier of June 4, 2027 or the company’s 2027 annual shareholder meeting, assuming he continues serving through that date. After this grant, Wedewer directly holds 24,756 shares of Class A Common Stock, showing the award is a moderate, routine component of his overall equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,008 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units (the "RSUs"), each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier to occur of (x) June 4, 2027 and (y) the date of the Issuer's Annual Meeting for calendar year 2027, subject to continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
Class A Common Stock financial
vest in full financial
Annual Meeting financial
FAQ
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What did Neil B. Wedewer receive in this Smith Douglas Homes (SDHC) Form 4 filing?
When do Neil B. Wedewer’s 10,008 RSUs in Smith Douglas Homes (SDHC) vest?
What does transaction code A mean in Neil B. Wedewer’s Smith Douglas Homes (SDHC) Form 4?
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