secwatch.observer — SEC 8-K summary
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Issuer:     Smith Douglas Homes Corp. (SDHC)
CIK:        0001982518
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001140361-24-011723
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1982518/000114036124011723/0001140361-24-011723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1982518/000114036124011723/ef20023477_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-011723

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer