Smith Douglas Homes discloses 2023 cash bonuses: Devendorf $1.19M, Steele $0.26M, Bennett $0

Smith Douglas Homes Corp.

Devendorf: $1,187,226 non-equity incentive bonus; Steele: $260,417; Bennett: $0 (not eligible).
Updated total compensation for 2023: Bennett $2,091,703; Devendorf $1,853,187; Steele $544,955.
Bonuses based on EBITDA targets (Devendorf) and net income/individual performance (Steele).
Amounts omitted from January 2024 IPO prospectus SCT; now disclosed.

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