Smith Douglas officer covers taxes with 3,182 shares

Smith Douglas Homes Corp. officer Russell Devendorf reported a routine tax-withholding share disposition.

Accepted by SEC EDGAR 03/30/2026 - 08:02 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Smith Douglas Homes Corp. officer Russell Devendorf reported a routine tax-withholding share disposition. On March 20, 2026, 3,182 shares of Class A common stock were withheld at $11.34 per share to cover taxes on vesting restricted stock units. After this, he directly held 313,461 shares, and no open-market buy or sell occurred.

Insider Trade Summary

Exercise Price or Tax Liability: 3,182 shares

Exercise Price or Tax Liability 1 txn

Insider Devendorf Russell

Role See Remarks

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	3,182	$11.34	$36K

Holdings After Transaction: Class A Common Stock — 313,461 shares (Direct)

Holdings Before and After: Class A Common Stock, 316,643 to 313,461 shares (Direct)

Footnotes (1)

1. F1. These shares were withheld for payment of the withholding taxes upon the vesting of a portion of the restricted stock units granted to the Reporting Person on March 20, 2025.

Key Figures

Shares withheld for taxes: 3,182 shares Withholding price per share: $11.34 per share Shares held after transaction: 313,461 shares +2 more

5 metrics

Shares withheld for taxes 3,182 shares Tax-withholding disposition on March 20, 2026

Withholding price per share $11.34 per share Value used for tax-withholding shares

Shares held after transaction 313,461 shares Direct ownership following March 20, 2026 transaction

Tax-withholding shares count 3,182 shares Reported in transactionSummary as taxWithholdingShares

Tax-withholding transactions 1 transaction transactionSummary taxWithholdingCount

Key Terms

restricted stock units, withholding taxes, tax-withholding disposition, Form 4

4 terms

restricted stock units financial

"upon the vesting of a portion of the restricted stock units granted"

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.

withholding taxes financial

"shares were withheld for payment of the withholding taxes upon the vesting"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the Smith Douglas Homes (SDHC) Form 4 for Russell Devendorf report?

The Form 4 reports that 3,182 shares of Smith Douglas Homes Class A common stock were withheld at $11.34 per share to cover tax obligations when a portion of previously granted restricted stock units vested on March 20, 2026, a non-market tax-withholding event.

Did the Smith Douglas Homes (SDHC) officer sell shares in the open market?

No, the filing shows no open-market sale. Instead, 3,182 shares were withheld by the company to satisfy withholding taxes tied to vesting restricted stock units. This F-code transaction is classified as a tax-withholding disposition rather than a discretionary buy or sell in the market.

How many Smith Douglas Homes (SDHC) shares does Russell Devendorf hold after this transaction?

After the tax-withholding transaction, Russell Devendorf directly holds 313,461 shares of Smith Douglas Homes Class A common stock. This figure reflects his position after 3,182 shares were withheld to pay withholding taxes on the vesting restricted stock units granted on March 20, 2025.

What triggered the tax-withholding share disposition reported for Smith Douglas Homes (SDHC)?

The disposition was triggered by the vesting of a portion of restricted stock units granted to Russell Devendorf on March 20, 2025. When these RSUs vested on March 20, 2026, 3,182 shares were automatically withheld to cover associated withholding taxes owed on the equity compensation.

How is the Form 4 transaction for Smith Douglas Homes (SDHC) classified?

The transaction is coded “F” and described as a tax-withholding disposition, meaning shares were delivered to cover exercise price or tax liability. The filing’s summary shows one tax-withholding transaction involving 3,182 shares and no buy or sell transactions in the open market were reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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

Add on Google Not now

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^*

Devendorf Russell

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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	03/20/2026		F(1)		3,182(1)	D	$11.34	313,461	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. These shares were withheld for payment of the withholding taxes upon the vesting of a portion of the restricted stock units granted to the Reporting Person on March 20, 2025.

Remarks:

Executive Vice President & Chief Financial Officer

	/s/ Brett A. Steele, Attorney-in-Fact	03/30/2026
	** 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)