Smith Douglas Homes grants RSUs to executive
Steele Brett Allen reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Steele Brett Allen reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. reported that officer Brett Allen Steele received a grant of 10,817 shares of Class A Common Stock in the form of restricted stock units. The award was granted at no cash cost to him as equity-based compensation.
Each restricted stock unit represents one share of Class A Common Stock. The units vest in three equal installments, with one third of the award vesting on each of the first three anniversaries of March 13, 2026, as long as he remains employed through each vesting date. After this grant, he holds 35,027 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,817 | $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 transaction did Smith Douglas Homes (SDHC) report for Brett Allen Steele?
How large is Brett Allen Steele’s new RSU award at Smith Douglas Homes (SDHC)?
What is the vesting schedule for the RSUs granted to Brett Allen Steele at SDHC?
Does Brett Allen Steele have to pay for the RSUs granted by Smith Douglas Homes (SDHC)?
What conditions affect vesting of Brett Allen Steele’s RSUs at Smith Douglas Homes (SDHC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.