Smith Douglas Homes director receives share grant
Jackson Jeffrey T reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,015 | $15.51 | $31K |
Footnotes (1)
- F1. 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 Lead Independent Director 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.
Key Figures
Key Terms
Amended Non-Employee Director Compensation Program financial
2024 Incentive Award Plan financial
Fair Market Value financial
Class A Common Stock financial
FAQ
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What did Smith Douglas Homes (SDHC) director Jeffrey T. Jackson report on this Form 4?
Was the SDHC Form 4 transaction an open-market buy or sale?
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