Smith Douglas Homes (SDHC) director takes board fees in 1,612 stock shares

Rhea-AI Filing Summary

Faucett Neill B reported acquisition or exercise transactions in this Form 4 filing.

Smith Douglas Homes Corp. director Neill B. Faucett received an equity grant of 1,612 shares of Class A common stock, valued at $15.51 per share. This award was issued under the company’s Amended Non-Employee Director Compensation Program and 2024 Incentive Award Plan in lieu of quarterly cash retainers.

Following this compensation-related share award, Faucett directly holds 34,413 shares of Smith Douglas Homes common stock. This is a routine, non-market transaction reflecting director fees taken in stock rather than a purchase on the open market.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Faucett Neill B

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,612	$15.51	$25K

Holdings After Transaction: Class A Common Stock — 34,413 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 1,612 shares Grant price: $15.51 per share Shares held after grant: 34,413 shares

3 metrics

Shares granted 1,612 shares Equity award to director as of 2026-07-01

Grant price $15.51 per share Fair Market Value on issuance date

Shares held after grant 34,413 shares Director’s direct holdings following transaction

Key Terms

Amended Non-Employee Director Compensation Program, 2024 Incentive Award Plan, Fair Market Value

3 terms

Amended Non-Employee Director Compensation Program financial

"Shares were issued pursuant to the Company's Amended Non-Employee Director Compensation Program"

2024 Incentive Award Plan financial

"and the Company's 2024 Incentive Award Plan in lieu of a quarterly Board"

Fair Market Value financial

"based on the Fair Market Value of the Company's common stock on the issuance date"

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:14 PM Accepted by SEC EDGAR 07/02/2026 - 04:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Faucett Neill B

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/01/2026		A		1,612	A(1)	$15.51	34,413	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares were issued pursuant to the Company's Amended Non-Employee Director Compensation Program (the "Program") and the Company's 2024 Incentive Award Plan (the "2024 Plan") in lieu of a quarterly Board of Directors retainer fee, quarterly Board committee retainer fee, and quarterly Board committee chair retainer fee that would otherwise be payable in cash. In accordance with the Program, the number of shares issued was determined based on the Fair Market Value (as defined in the 2024 Plan) of the Company's common stock on the issuance date.

Remarks:

	/s/ Brett A. Steele, Attorney-in-Fact	07/02/2026
	** Signature of Reporting Person	Date
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 insider transaction did Smith Douglas Homes (SDHC) report for Neill B. Faucett?

Smith Douglas Homes reported that director Neill B. Faucett received 1,612 shares of Class A common stock as an equity grant. The shares were awarded as director compensation, not bought on the open market, and were valued at $15.51 per share on the issuance date.

Was the SDHC Form 4 transaction a stock purchase or a compensation grant?

The SDHC Form 4 reflects a compensation grant, not a stock purchase. Neill B. Faucett received 1,612 shares under the Amended Non-Employee Director Compensation Program and 2024 Incentive Award Plan in lieu of quarterly cash retainers for board and committee service.

How many Smith Douglas Homes (SDHC) shares does Neill B. Faucett own after this grant?

After the reported transaction, Neill B. Faucett directly holds 34,413 shares of Smith Douglas Homes Class A common stock. This total includes the 1,612 shares awarded as compensation under the company’s director compensation program and 2024 Incentive Award Plan.

What is the purpose of the 2024 Incentive Award Plan at Smith Douglas Homes (SDHC)?

The 2024 Incentive Award Plan is used to issue equity-based compensation, such as the 1,612-share grant to director Neill B. Faucett. Under this framework, shares can be delivered instead of cash retainers, using the stock’s Fair Market Value on the issuance date.

How was the number of SDHC shares in Neill B. Faucett’s grant determined?

The 1,612-share grant was calculated using the Fair Market Value of Smith Douglas Homes’ common stock on the issuance date. This approach, defined in the 2024 Incentive Award Plan, converts quarterly cash retainers into an equivalent value of shares for director compensation.