Smith Douglas Homes director acquires 2,466 shares
Quarterly board and committee retainer fees that otherwise would have been payable in cash were paid in shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Smith Douglas Homes Corp. director Neill B. Faucett acquired 2,466 shares of Class A Common Stock on October 1, 2026, at $10.14 per share. The shares were issued under the Amended Non-Employee Director Compensation Program and 2024 Incentive Award Plan in lieu of quarterly board, committee, and committee-chair retainer fees otherwise payable in cash. Faucett held 36,879 shares directly following the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 2,466 | $10.14 | $25K |
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 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
retainer fee financial
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