4Filed Sep 2, 8:00 PM ET
Smith Douglas Homes (SDHC) CEO Gregory S. Bennett Buys 2,000 Shares
$SDHC · Smith Douglas Homes Corp.Research Summary
AI-generated summary of this SEC filing
Smith Douglas Homes (SDHC) CEO Gregory S. Bennett Buys 2,000 Shares
What Happened
- Gregory S. Bennett (listed as President, Chief Executive Officer & Vice Chairman) made two open-market purchases of Smith Douglas Homes Corp. (SDHC) stock. He bought 1,000 shares on 2026-09-01 at $12.20 each ($12,197) and 1,000 shares on 2026-09-02 at $11.50 each ($11,500), for a combined purchase of 2,000 shares costing $23,697.
- These were outright purchases (transaction code P), which many investors consider a more informative, generally bullish signal than routine sales.
Key Details
- Transaction dates and prices:
- 2026-09-01: 1,000 shares @ $12.20 = $12,197
- 2026-09-02: 1,000 shares @ $11.50 = $11,500
- Total shares acquired: 2,000; total cash spent: $23,697.
- Shares owned after the transactions: not specified in the provided filing data.
- Footnotes/plan: no 10b5-1 plan, tax-withholding, or other special footnotes were reported in the summary you provided.
- Filing/timeliness: Form 4 was filed 2026-09-03 for transactions on 2026-09-01 and 09-02; this appears to be a timely filing (Form 4 is typically due within two business days of the transaction).
Context
- Purchases by company insiders like the CEO can indicate personal conviction, but they are just one data point and do not prove future performance.
- The disclosed purchases are modest in dollar size (~$23.7k total), so while notable, they are not large relative to many insider transactions.