Dozier Robert F. 4
Research Summary
AI-generated summary
United Homes Group (UHG) Director Robert Dozier Sells 233,188 Shares
What Happened
- Robert F. Dozier, a director of United Homes Group (UHG), disposed of a total of 233,188 Class A shares on May 4, 2026 as part of the issuer’s merger. Under the merger agreement, each share was cancelled and converted into the right to receive $1.18 per share (before withholding), resulting in approximately $275,162 gross cash consideration. Several entries reflect earn‑out shares becoming fixed and then converted; an outstanding option was cancelled without cash payment.
Key Details
- Transaction date: May 4, 2026; Filing date: May 5, 2026 (timely).
- Per-share cash consideration: $1.18 per share; estimated gross proceeds: ~ $275,162 (233,188 × $1.18), subject to tax withholding.
- Reported transactions include: 62,019; 35,479; 50,000; 34,000; 34,000 dispositions to the issuer plus 17,690 earn‑out/derivative items (total 233,188 shares).
- Footnotes: F1 — merger converted Class A shares to $1.18/share; F2–F3 — earn‑out shares became fixed/accelerated and converted to Class A stock; F4 — an option was cancelled with no cash payment.
- Shares owned after transaction: The filing shows the Class A shares were cancelled in the merger and converted to cash; no remaining Class A holdings are reported.
Context
- These were merger-related dispositions (shares cancelled for cash), not open‑market sales or purchases; that distinction matters because merger conversions are routine contract outcomes rather than active market trades by the insider. The option referenced was terminated without cash proceeds.