Company: SDHC
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001982518-25-000012
Chunk: 33

Company: Smith Douglas Homes Corp.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 33
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ity compensation ” below.

(3) Amounts reflect annual cash incentive bonuses earned by each of Messrs. Bennett and Devendorf, and long-term cash incentive bonuses paid to Mr. Devendorf with respect to the applicable year. We provide additional information regarding such bonuses in “ —Narrative to Summary Compensation Table—2024 Cash incentive compensation ” below.

(4) Amounts reported for each of the named executive officers for 2024 include (i) safe harbor matching contributions made by us under our 401(k) plan ($13,242 for Mr. Bennett and $13,800 for Mr. Devendorf); (ii) Company-paid reimbursement of cell phone expenses ($900 for each of Messrs. Bennett and Devendorf); and (iii) the aggregate incremental cost to us of personal use of our aircraft ($13,148 for Mr. Bennett and $8,702 for Mr. Bradbury).

(5) Mr. Bradbury was not a named executive officer for 2023.

#### Narrative to Summary Compensation Table

#### 2024 Salaries
Each of our named executive officers receives an annual base salary to compensate the executive for services rendered to us. The annual base salary payable to each named executive officer is intended to provide a fixed component of compensation reflecting the executive’s skill set, experience, role, and responsibilities.

At the beginning of 2024, Messrs. Bennett and Devendorf’s annual base salaries were $250,000 and $650,000, respectively, and Mr. Bradbury did not receive a salary. In connection with our IPO, the annual base salaries for Messrs. Bennett and Bradbury increased to $1,000,000.

The “Salary” column of the Summary Compensation Table above shows the actual base salaries paid to each named executive officer in 2024.

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#### 2024 Cash incentive compensation
Annual Incentives

In 2024, each of our named executive officers was eligible to earn an annual cash incentive bonus under the Smith Douglas Homes 2024 Annual Incentive Program (“AIP”). The 2024 AIP target bonuses for Messrs. Bennett, Bradbury, and Devendorf were $3,000,000, $250,000, and $500,000, respectively.

Messrs. Bennett and Devendorf . Under the AIP, Messrs. Bennett and Devendorf were eligible to earn up to 240% of their AIP target bonuses based on achievement