Director at Smith Douglas Homes (SDHC) awarded 2,015 shares as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jackson Jeffrey T reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director Jeffrey T. Jackson received 2,015 shares of Class A common stock as a grant under the company’s Amended Non-Employee Director Compensation Program and 2024 Incentive Award Plan, in lieu of quarterly cash retainers. After this award, he directly holds 46,429 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Jeffrey T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,015 | $15.51 | $31K |
Holdings After Transaction:
Class A Common Stock — 46,429 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 2,015 shares
Grant reference price: $15.51 per share
Post-transaction holdings: 46,429 shares
3 metrics
Shares granted
2,015 shares
Director stock award in lieu of quarterly retainers
Grant reference price
$15.51 per share
Fair Market Value on issuance date used to size award
Post-transaction holdings
46,429 shares
Director’s direct Class A common stock position after award
Key Terms
Amended Non-Employee Director Compensation Program, 2024 Incentive Award Plan, Fair Market Value, Class A Common Stock
4 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
"the number of shares issued was determined based on the Fair Market Value of the Company's common stock"
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.
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.
FAQ
What did Smith Douglas Homes (SDHC) director Jeffrey T. Jackson report on this Form 4?
Jeffrey T. Jackson reported receiving 2,015 shares of Smith Douglas Homes Class A common stock. These shares were granted as director compensation, replacing quarterly cash retainers, and increased his direct holdings to 46,429 shares after the transaction.
Was the SDHC Form 4 transaction an open-market buy or sale?
The Form 4 transaction was a grant, not an open-market trade. Jackson received 2,015 shares as compensation under the company’s director program and 2024 Incentive Award Plan, in lieu of cash fees normally paid for Board and committee service.