Smith Douglas Homes Corp. — Director's Dealing 2024

Jan 19, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Smith Douglas Homes Corp. (SDHC)
CIK: 0001982518
Period of Report: 2024-01-10

Reporting Person: Bennett Gregory S (N/A)
Reporting Person: GSB Holdings LLC /GA (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-10	Class B Common Stock	A	4487179	—	Acquired	4487179	Indirect
2024-01-16	Class A Common Stock	C	243589	—	Acquired	243589	Indirect
2024-01-16	Class A Common Stock	D	243589	$21	Disposed	0	Indirect
2024-01-16	Class B Common Stock	J	243589	—	Disposed	4243590	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-10	LLC Interests	$	A	4487179	Acquired		Class A Common Stock (4487179)	Indirect
2024-01-16	LLC Interests	$	C	243589	Disposed		Class A Common Stock (243589)	Indirect

Footnotes

F1: Represents securities received as part of the Issuer's reorganization in connection with its initial public offering, as described in the registration statement on Form S-1 relating to the initial public offering. These securities were previously reported on a Form 3 filed by the Reporting Persons.

F2: 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.

F3: 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.

F4: Reflects the cancellation for no consideration of Class B Common Stock in connection with the redemption and conversion of the LLC Interests into shares of Class A Common Stock.