Christopher Plahm Entities Disclose 13.8% Ownership in United Homes Group

Rhea-AI Filing Summary

United Homes Group (UHG) Schedule 13G/A shows that investment adviser Christopher M. Plahm, through affiliated entities Tall Pines Capital, LLC and Stonebridge Wealth Management, LLC, reports beneficial ownership totaling 3,026,946 shares, representing 13.8% of the common stock. The filing breaks that total into 2,202,113 shares (10.0%) held by Tall Pines Capital and 824,833 shares (3.8%) held by Stonebridge Wealth Management; both report shared voting power and no sole voting or dispositive power. The filer certifies the holdings were not acquired to change control of the issuer. Contact and organization details for the adviser and issuer address are included in the filing.

Insights

Financial Analyst

TL;DR: An adviser reports a combined 13.8% stake in UHG via two advisory entities; disclosure is material but not an outright control claim.

The filing documents a material passive holding by an investment adviser, aggregating 3,026,946 shares or 13.8% of common stock. The positions are reported with shared voting power only and no sole dispositive power, and the certification states the stake is not intended to change control. For investors this is an important ownership disclosure that could affect float and governance attention, but the filing contains no transaction timing, purchases, or strategic intent beyond the statutory certification.

Corporate Governance Expert

TL;DR: Ownership concentration disclosed; voting influence exists but filer denies control purpose, so governance implications are limited but notable.

The report identifies Christopher M. Plahm as adviser to two reporting entities holding shared voting power over a combined 13.8% of UHG common stock. As the filing explicitly states the holdings are not for changing control, this is a standard beneficial-ownership disclosure under Schedule 13G/A. The governance implication is that the adviser may exert influence through shared votes, yet the filing lacks any intent or coordination language that would indicate a formal control or activist posture.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

UNITED HOMES GROUP, INC.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

91060H108

(CUSIP Number)

08/18/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 91060H108

1

Names of Reporting Persons

TALL PINES CAPITAL, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,202,113.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,202,113.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Tall Pines Capital, LLC also owns 2,524,672 in UHGWW

SCHEDULE 13G

CUSIP No. 91060H108

1

Names of Reporting Persons

STONEBRIDGE WEALTH MANAGEMENT, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 824,833.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

824,833.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.8 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Stonebridge Wealth Management, LLC also owns 3,665,864 UHGWW

SCHEDULE 13G

Item 1.
(a)	Name of issuer: UNITED HOMES GROUP, INC.
(b)	Address of issuer's principal executive offices: 917 CHAPIN ROAD, CHAPIN, SC, 29036
Item 2.
(a)	Name of person filing: CHRISTOPHER M. PLAHM
(b)	Address or principal business office or, if none, residence: 1010 JORIE BLVD, SUITE 144, OAK BROOK, IL 60523
(c)	Citizenship: USA
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 91060H108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,026,946
(b)	Percent of class: 13.8%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 3,026,946
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TALL PINES CAPITAL, LLC

Signature:	/s/ CHRISTOPHER M PLAHM
Name/Title:	INVESMENT ADVISER
Date:	08/18/2025

STONEBRIDGE WEALTH MANAGEMENT, LLC

Signature:	/s/ CHRISTOPHER M PLAHM
Name/Title:	INVESTMENT ADVISER
Date:	08/18/2025

FAQ

How many UHG shares does Christopher M. Plahm report owning?

The filing reports a combined 3,026,946 shares beneficially owned by entities associated with Christopher M. Plahm.

What percentage of United Homes Group (UHG) does the filing represent?

The reported holdings represent 13.8% of UHG common stock.

Which entities hold the reported UHG shares?

The shares are held by Tall Pines Capital, LLC (2,202,113 shares, 10.0%) and Stonebridge Wealth Management, LLC (824,833 shares, 3.8%).

Does the filer claim control of United Homes Group?

No. The filing includes a certification stating the securities were not acquired to change or influence control of the issuer.

What voting and dispositive powers are reported?

The filing reports 0 sole voting power, 3,026,946 shared voting power, and 0 sole or shared dispositive power for the aggregated filing.