Wedewer Neil B 4
4 · Smith Douglas Homes Corp. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Smith Douglas Homes (SDHC) Director Neil Wedewer Receives Award
What Happened
- Neil B. Wedewer, a director of Smith Douglas Homes Corp. (SDHC), was granted 10,008 restricted stock units (RSUs) on 2026-06-04. The award is reported as an acquisition at $0.00 (grant), so no cash was paid. The filing shows the grant quantity but does not report a cash value at grant in the Form 4.
Key Details
- Transaction date: 2026-06-04; Filing date (Form 4): 2026-06-08.
- Transaction type/code: A — Award/Grant of RSUs; reported price: $0.00.
- Shares granted: 10,008 RSUs; each RSU represents a contingent right to one share of Class A common stock.
- Vesting: RSUs vest in full on the earlier of (x) June 4, 2027 or (y) the Issuer's 2027 Annual Meeting, subject to continued service (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Filed 2026-06-08 for a 2026-06-04 grant — this filing meets the typical two-business-day Form 4 reporting window.
Context
- RSUs are a form of equity compensation that convert into shares upon vesting; they are not an open-market purchase or sale and do not necessarily signal immediate insider buying or selling intent.
- No indication in the filing of immediate sale, cashless exercise, tax withholding, or a 10b5-1 plan related to this award.
Insider Transaction Report
Form 4
Wedewer Neil B
Director
Transactions
- Award
Class A Common Stock
[F1]2026-06-04+10,008→ 24,756 total
Footnotes (1)
- [F1]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 in full on the earlier to occur of (x) June 4, 2027 and (y) the date of the Issuer's Annual Meeting for calendar year 2027, subject to continued service through the applicable vesting date.
Signature
/s/ Brett A. Steele, Attorney-in-Fact|2026-06-08