Smith Douglas Homes (NYSE: SDHC) insider uses 13,231 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Douglas Homes Corp. director and officer Bennett Gregory S reported a routine compensation-related share transaction. On March 20, 2026, 13,231 shares of Class A Common Stock were withheld at $11.34 per share to cover withholding taxes when a portion of his restricted stock units vested. After this tax-withholding disposition, he directly owned 217,526 shares of Smith Douglas Homes, showing this was a non-market event tied to equity compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bennett Gregory S
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 13,231 | $11.34 | $150K |
Holdings After Transaction:
Class A Common Stock — 217,526 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 13,231 shares
Withholding price per share: $11.34 per share
Shares owned after transaction: 217,526 shares
+1 more
4 metrics
Shares withheld for taxes
13,231 shares
Withheld on March 20, 2026 for RSU tax obligations
Withholding price per share
$11.34 per share
Value used for 13,231 withheld shares
Shares owned after transaction
217,526 shares
Direct Class A Common Stock holdings after March 20, 2026
Transaction type
Tax-withholding disposition (Code F)
Payment of withholding taxes on RSU vesting
Key Terms
restricted stock units, withholding taxes, Class A Common Stock, tax-withholding disposition
4 terms
restricted stock units financial
"upon the vesting of a portion of the restricted stock units granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding taxes financial
"shares were withheld for payment of the withholding taxes upon the vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What does the Smith Douglas Homes (SDHC) Form 4 filed by Bennett Gregory S report?
The Form 4 reports a tax-withholding share disposition. On March 20, 2026, 13,231 Smith Douglas Homes Class A shares were withheld at $11.34 each to pay taxes on vesting restricted stock units, leaving him with 217,526 shares directly owned.
Was the SDHC Form 4 transaction by Bennett Gregory S an open-market stock sale?
No, it was not an open-market sale. The 13,231 shares were withheld by the company to cover withholding taxes when a portion of his restricted stock units, granted on March 20, 2025, vested, making this a compensation-driven, non-market transaction.
What triggered the tax-withholding disposition reported in the SDHC Form 4?
The disposition was triggered by RSU vesting. Shares were withheld to pay withholding taxes when a portion of the restricted stock units granted to Bennett Gregory S on March 20, 2025, vested on March 20, 2026, converting part of his equity award into taxable income.
What type of security is involved in Bennett Gregory S’s Smith Douglas Homes Form 4 filing?
The filing involves Class A Common Stock. The 13,231 shares withheld for taxes and the 217,526 shares reported as directly owned after the transaction are all Smith Douglas Homes Corp. Class A Common Stock tied to his equity compensation.