STOCK TITAN

Smith Douglas Homes (SDHC) officer buys stock and receives RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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 GA 30188

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/13/2026 P 1,000 A $11.56 286,928 D
Class A Common Stock 03/13/2026 A 29,715(1) A $0 316,643 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. 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.
Remarks:
Executive Vice President & Chief Financial Officer
/s/ Brett A. Steele, Attorney-in-Fact 03/17/2026
** 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.

FAQ

What insider transactions did Russell Devendorf report at Smith Douglas Homes (SDHC)?

Russell Devendorf reported two acquisition transactions. He bought 1,000 shares of Class A Common Stock at $11.56 per share and received a grant of 29,715 restricted stock units, increasing his direct holdings to 316,643 shares after these transactions.

How many Smith Douglas Homes (SDHC) shares did Russell Devendorf buy and at what price?

Russell Devendorf purchased 1,000 shares of SDHC. The open‑market transaction was executed at a price of $11.56 per share, adding directly to his existing Class A Common Stock holdings in the company.

What restricted stock unit (RSU) award did Russell Devendorf receive from Smith Douglas Homes (SDHC)?

Devendorf received 29,715 RSUs from Smith Douglas Homes. Each RSU represents a contingent right to one share of Class A Common Stock, subject to vesting and his continued employment with the company over the specified schedule.

What is the vesting schedule for Russell Devendorf’s 29,715 RSUs at Smith Douglas Homes (SDHC)?

The 29,715 RSUs vest over three years. One third of the underlying Class A Common Stock vests on each of the first three anniversaries of March 13, 2026, provided Devendorf remains employed through the applicable vesting dates.

How many Smith Douglas Homes (SDHC) shares does Russell Devendorf hold after these transactions?

After the reported transactions, Devendorf holds 316,643 shares. This total reflects his direct ownership of Class A Common Stock following the 1,000‑share open‑market purchase and the grant of 29,715 restricted stock units.

Are Russell Devendorf’s new RSUs at Smith Douglas Homes (SDHC) immediately exercisable?

No, Devendorf’s RSUs are not immediately exercisable. They represent contingent rights to shares that vest in three equal installments on the first three anniversaries of March 13, 2026, conditioned on his continued employment with the company.
SMITH DOUGLAS HOMES CORP

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Real Estate - Development
Operative Builders
United States
WOODSTOCK