Smith Douglas director granted 10,008 RSUs
Perdue George Ervin III reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Perdue George Ervin III reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director George Ervin Perdue III received a grant of 10,008 restricted stock units tied to the company’s Class A Common Stock. The award was granted at no cash cost and increases his direct holdings to 70,692 shares.
The RSUs vest in full on the earlier of June 4, 2027 or the company’s Annual Meeting for calendar year 2027, as long as he continues to serve through that date.
Insider Trade Summary
Grant/Award: 10,008 shares
Grant/Award
1 txn
Insider
Perdue George Ervin III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,008 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 70,692 shares (Direct)
Holdings Before and After:
Class A Common Stock, 60,684 to 70,692 shares (Direct)
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
RSU grant size: 10,008 units
Grant price: $0.00 per share
Holdings after grant: 70,692 shares
+1 more
4 metrics
RSU grant size
10,008 units
Restricted stock units representing Class A Common Stock
Grant price
$0.00 per share
Reported transaction price for RSU award
Holdings after grant
70,692 shares
Total Class A Common Stock directly held post-transaction
RSU vesting date
Earlier of June 4, 2027 or 2027 Annual Meeting
Full vesting trigger, subject to continued service
Key Terms
restricted stock units, Class A Common Stock, vest in full, Annual Meeting, +1 more
5 terms
restricted stock units financial
"Represents an award of restricted stock units (the "RSUs"), each of which represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"to receive one share of the Issuer's 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.
vest in full financial
"The RSUs vest in full on the earlier to occur of (x) June 4, 2027"
Annual Meeting financial
"the date of the Issuer's Annual Meeting for calendar year 2027"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
continued service financial
"subject to continued service through the applicable vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SDHC director George Ervin Perdue III report?
George Ervin Perdue III reported receiving 10,008 restricted stock units in Smith Douglas Homes Corp. The units represent future rights to Class A Common Stock and were granted at no cash cost, reflecting equity-based compensation rather than an open-market share purchase.
How many Smith Douglas Homes (SDHC) RSUs were granted to the director?
The director was granted 10,008 restricted stock units, each representing one share of Class A Common Stock. This equity award increases his reported direct holdings to 70,692 shares following the grant, according to the Form 4 insider transaction disclosure and related footnote.
What is the vesting schedule for the 10,008 SDHC restricted stock units?
The 10,008 RSUs vest in full on the earlier of June 4, 2027 or the Smith Douglas Homes Annual Meeting for calendar year 2027. Vesting is conditioned on the director’s continued service through the applicable vesting date, as specified in the award’s footnote description.
What are George Ervin Perdue III’s Smith Douglas (SDHC) holdings after this RSU grant?
After the restricted stock unit grant, the Form 4 reports that George Ervin Perdue III directly holds 70,692 shares of Smith Douglas Homes Class A Common Stock. This total reflects his position immediately following the 10,008-share equity award transaction on June 4, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
