STOCK TITAN

Executive at Smith Douglas Homes (NYSE: SDHC) receives RSU grant

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

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.

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*
Steele Brett Allen

(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 A 10,817(1) A $0 35,027 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:
Vice President, General Counsel & Secretary
/s/ Brett A. Steele 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 transaction did Smith Douglas Homes (SDHC) report for Brett Allen Steele?

Smith Douglas Homes reported that officer Brett Allen Steele received 10,817 restricted stock units of Class A Common Stock as an equity grant. The award was made at no cash cost and is structured as part of his compensation package based on continued employment.

How large is Brett Allen Steele’s new RSU award at Smith Douglas Homes (SDHC)?

The new award consists of 10,817 restricted stock units, each tied to one share of Class A Common Stock. This grant increases his direct holdings to 35,027 shares after the transaction, according to the Form 4 filed with regulators for Smith Douglas Homes.

What is the vesting schedule for the RSUs granted to Brett Allen Steele at SDHC?

The restricted stock units vest in three equal installments over three years. One third of the shares underlying the RSUs vest on each of the first three anniversaries of March 13, 2026, provided Steele remains employed through each applicable vesting date.

Does Brett Allen Steele have to pay for the RSUs granted by Smith Douglas Homes (SDHC)?

No, the Form 4 shows a price per share of $0.0000 for the 10,817 restricted stock units. This indicates the grant is a compensation award rather than an open-market purchase, aligning his interests with shareholders through performance and retention incentives.

How many Smith Douglas Homes (SDHC) shares does Brett Allen Steele hold after this RSU grant?

After the RSU grant, Steele’s direct holdings total 35,027 shares of Class A Common Stock. This figure, reported in the Form 4, reflects his position following the award, assuming all previously held shares remain unchanged by other transactions not shown here.

What conditions affect vesting of Brett Allen Steele’s RSUs at Smith Douglas Homes (SDHC)?

Vesting of the 10,817 restricted stock units depends on Steele’s continued employment. One third of the shares vest on each of the first three anniversaries of March 13, 2026, and unvested units would not be earned if he leaves before a vesting date.
SMITH DOUGLAS HOMES CORP

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Real Estate - Development
Operative Builders
United States
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