United Homes Group sets 2024 executive compensation; PSUs tied to $18 stock price target

United Homes Group, Inc.

CEO Michael Nieri base salary $1,033,907; max bonus potential $2,326,293 (quantitative $1,628,406 + qualitative $697,887).
CEO equity: 337,500 stock options (4-yr ratable vest) and 112,500 PSUs; PSUs vest if VWAP ≥ $18 for 20/30 days by 2028.
COO Twine base $338,635, CFO Feldman base $400,000, Co-EVP Pennington Nieri base $288,634; each also receive options and PSUs.
Cash bonuses tied to adjusted EBITDA (minimum $40M for qualitative), revenue, and home closings; performance scales 50%-100% payout.

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