January 16, 2024 · Form 4 insider transaction
Bennett Gregory S bought 243,589 shares of SMITH DOUGLAS HOMES CORP, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.
The membership units of Smith Douglas Holdings LLC (the "LLC Interests") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forefeited in connection with the redemption. The LLC Interests have no expiration date.; Mr. Bennett is the sole member and manager of GSB Holdings LLC ("GSB Holdings"), and as a result, may be deemed to share beneficial ownership of the securities held by GSB Holdings.