Faucett Neill B 4

What Happened
Director Neill B. Faucett received an award of 1,745 shares of Smith Douglas Homes common stock on April 8, 2026. The shares were issued at a Fair Market Value of $14.33 per share, for a total value of $25,006. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-08; Form 4 filed: 2026-04-09 (filed one day after the transaction).
• Transaction type/code: Award/Grant (A).
• Shares issued: 1,745 at $14.33 per share; total value $25,006.
• Shares owned after transaction: not specified in the filing.
• Footnote: Shares were issued under the company's Amended Non-Employee Director Compensation Program and the 2024 Incentive Award Plan in lieu of quarterly director and committee retainer fees; the number of shares was set using the plan’s Fair Market Value on the issuance date.
• No late filing indication noted in the report.

Context
This was a routine director compensation issuance (equity in lieu of cash retainers), commonly used by companies to compensate non-employee directors. Such awards reflect compensation policy rather than a director buying or selling based on a view of the company’s prospects.