Faucett Neill B 4

What Happened
Neill B. Faucett, a director of Smith Douglas Homes Corp. (SDHC), was issued 1,612 shares on 2026-07-01 at $15.51 per share, for a total grant value of $25,002. The transaction is reported as an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely filing).
• Shares issued: 1,612; Price used for valuation: $15.51; Total value: $25,002.
• Shares owned after transaction: not specified in the reported data.
• Footnote: Shares were issued under the Company’s Amended Non-Employee Director Compensation Program and the 2024 Incentive Award Plan in lieu of quarterly cash retainer fees; the share count was set using the plan’s Fair Market Value on the issuance date.
• Transaction type: Award/Grant (routine director compensation), not a sale or exercised option.

Context
Director equity awards issued in lieu of cash retainers are common and typically reflect routine compensation rather than a direct buy/sell signal. This acquisition increases the director’s equity stake but should be interpreted as part of standard compensation practices unless accompanied by other trading activity.