Smith Douglas Homes Corp. filings document the company’s public-company reporting as a NYSE-listed homebuilder and emerging growth company. Recent Form 8-K reports furnish quarterly and annual financial-result releases that include home closings, home closing revenue, gross margin, net new orders, backlog and income measures tied to its homebuilding operations.
The company’s definitive proxy statement covers annual meeting procedures, stockholder voting matters and governance disclosures. Its filings also identify emerging growth company status and provide formal records for material events, operating results and corporate governance matters affecting Smith Douglas Homes.
Perdue George Ervin III reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director George Ervin Perdue III received a grant of 10,008 restricted stock units tied to the company’s Class A Common Stock. The award was granted at no cash cost and increases his direct holdings to 70,692 shares.
The RSUs vest in full on the earlier of June 4, 2027 or the company’s Annual Meeting for calendar year 2027, as long as he continues to serve through that date.
Faucett Neill B reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director Neill B. Faucett received an equity award in the form of restricted stock units representing 10,008 shares of Class A Common Stock at no cash cost. After this grant, he directly holds 32,801 shares, including the unvested units.
The RSUs vest in full on the earlier of June 4, 2027 or the company’s Annual Meeting for calendar year 2027, provided he continues to serve through the vesting date. This filing reflects routine director compensation rather than an open-market stock purchase or sale.
WALKER JANICE E. reported acquisition or exercise transactions in this Form 4 filing.
Smith Douglas Homes Corp. director Janice E. Walker received an equity grant of 10,008 restricted stock units, each representing one share of Class A Common Stock. The RSUs vest in full on the earlier of June 4, 2027 or the company’s 2027 annual meeting, subject to continued service. Following this grant, Walker holds 24,056 shares directly.
Smith Douglas Homes Corp. officer Devendorf Russell reported an open-market purchase of 2,000 shares of Class A Common Stock on May 20, 2026 at $10.88 per share. After this transaction, his directly held stake increased to 315,461 shares, indicating a modest addition to his existing position.
Smith Douglas Homes Corp. ownership update: Amendment No. 7 to a Schedule 13G/A reports institutional stakes held by Kayne Anderson Rudnick Investment Management, LLC, Virtus Investment Advisers, LLC and Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund. Kayne Anderson Rudnick reports 1,341,221 shares (representing 14.8% of the class) with 508,019 shares sole voting power and 532,662 shares sole dispositive power. Virtus Investment Advisers reports 807,930 shares (8.9%) and Virtus KAR Small-Cap Growth Fund reports 770,159 shares (8.5%). The filing lists voting and dispositive power breakdowns and is signed by each filer’s compliance officer.
Massachusetts Financial Services Company amended a Schedule 13G to report owning 3.7% of Smith Douglas Homes Corp. The filing states MFS beneficially owns 322,166 shares of Common Stock (CUSIP 83207R107) and holds sole voting and dispositive power over those shares. The amendment is signed by the Compliance Director on 05/14/2026.
Smith Douglas Homes Corp. reported lower results for the three months ended March 31, 2026. Home closing revenue was $206.4 million compared with $224.7 million a year earlier, while net income fell to $4.1 million from $18.7 million. Net income attributable to Smith Douglas Homes Corp. was $0.6 million, or $0.06 per diluted share, versus $2.7 million, or $0.30 per share, in the prior-year period, reflecting lower home closing gross profit and higher selling, general and administrative costs.
Cash and cash equivalents increased to $28.0 million as of March 31, 2026, from $12.7 million at year-end, supported by modest positive operating cash flow and net borrowings under a $325.0 million revolving credit facility, on which $65.0 million was outstanding. Real estate inventory rose to $314.7 million, and the company recorded a $1.0 million inventory impairment charge. Smith Douglas also repurchased 449,604 Class A shares for $5.7 million under its authorized buyback program, and continues to operate an Up‑C structure in which public Class A stockholders hold an indirect minority economic interest in Smith Douglas Holdings LLC while Continuing Equity Owners retain most economic interest and voting control.
Smith Douglas Homes Corp reported that Vanguard Capital Management beneficially owned 454,110 shares of Common Stock, representing 5.01% of the class as reported on 03/31/2026. The filing states Vanguard exercises sole dispositive power over 454,110 shares and sole voting power over 57,345 shares. The filing notes ownership reflects holdings by Vanguard Capital Management LLC and specified affiliates.
Smith Douglas Homes Corp. reported softer profitability for the first quarter of 2026 while demand indicators improved. Home closing revenue fell 8% to $206.4 million on a 7% decline in home closings to 624, and home closing gross margin compressed to 19.6% from 23.8%.
Net income dropped to $4.1 million from $18.7 million, with earnings of $0.06 per diluted share versus $0.30 a year earlier, reflecting higher selling, general and administrative costs and lower gross profit. Cash from operating activities was modestly positive at $0.3 million versus a significant outflow in the prior year.
Order trends were stronger: net new home orders rose 28% to 981, backlog homes increased 10% to 869, and active community count grew 24% to 108. Total controlled lots increased 14% to 23,314. The company repurchased 449,604 Class A shares for $5.7 million. Debt-to-book capitalization was 13.6%, and net debt-to-net book capitalization was 8.5% as of March 31, 2026.
Smith Douglas Homes Corp. is asking stockholders to vote at its June 4, 2026 virtual annual meeting on two key items. Investors will elect eight directors for one-year terms and ratify Ernst & Young LLP as independent auditor for 2026.
The company has a dual‑class structure: as of April 10, 2026, 8,353,922 Class A shares carried 1.9% of voting power and 42,435,897 Class B shares carried 98.1%, with Class B getting ten votes per share. The board is controlled-company qualified under NYSE rules but maintains independent Audit, Compensation, and Nominating and Governance committees.
In 2025, CEO Gregory S. Bennett received total compensation of $3.34 million, Executive Chairman Thomas L. Bradbury $1.25 million, and CFO Russell Devendorf $1.84 million, combining salary, cash incentives and equity awards. Ernst & Young billed $968,000 in 2025, mainly for audit services.