Smith Douglas Homes officer buys shares, gets RSUs
Smith Douglas Homes Corp. officer Russell Devendorf reported acquiring additional equity in the company.
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Rhea-AI Filing Summary
Smith Douglas Homes Corp. officer Russell Devendorf reported acquiring additional equity in the company. He bought 1,000 shares of Class A Common Stock in an open‑market purchase at $11.56 per share.
He also received an award of 29,715 restricted stock units (RSUs), each representing a contingent right to one share of Class A Common Stock. The RSUs vest in three equal annual installments on each of the first three anniversaries of March 13, 2026, subject to his continued employment. Following these transactions, he directly holds 316,643 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 1,000 | $11.56 | $12K |
| Grant/Award | Class A Common Stock | 29,715 | $0.00 | $0.00 |
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 as to one third (1/3rd) of the shares of Class A Common Stock underlying the RSUs on each of the first three anniversaries of March 13, 2026, subject to the grantee's continued employment through the applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Russell Devendorf report at Smith Douglas Homes (SDHC)?
What restricted stock unit (RSU) award did Russell Devendorf receive from Smith Douglas Homes (SDHC)?
What is the vesting schedule for Russell Devendorf’s 29,715 RSUs at Smith Douglas Homes (SDHC)?
Are Russell Devendorf’s new RSUs at Smith Douglas Homes (SDHC) immediately exercisable?
AI-generated analysis. How Rhea-AI works. Not financial advice.