Steele Brett Allen 4

What Happened
Steele Brett Allen, Vice President, General Counsel & Secretary of Smith Douglas Homes Corp. (SDHC), had 1,430 shares withheld to cover withholding taxes when a portion of his restricted stock units vested. The withheld shares were valued at $11.34 each, for a total of approximately $16,216. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-20; Price per share: $11.34; Total value withheld: ~$16,216.
• Transaction type: Tax-withholding on vested restricted stock units (Form 4 disposition code F).
• Footnote: Shares were withheld to pay withholding taxes upon vesting of RSUs originally granted on March 20, 2025.
• Shares owned after transaction: Not reported in the provided excerpt.
• Filing timeliness: Form 4 was filed on 2026-03-30 for a 2026-03-20 transaction (appears later than the typical 2-business-day Form 4 deadline).

Context
Withholding shares to cover taxes on vested RSUs is routine and does not represent a market sale or an independent decision to cash out. It’s a common administrative step when awards vest and generally should not be interpreted as a bullish or bearish insider trade.