Company: SDHC
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001982518-25-000012
Chunk: 68

Company: Smith Douglas Homes Corp.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 68
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 no longer on Smith Douglas Holdings LLC’s Board of Managers as of July 2023.

#### Other Relationships
The VP of Operations for our Atlanta operating segment is the son of Gregory S. Bennett, our President, Chief Executive Officer, Vice Chairman, and Director, and is currently employed by us. He is not one of our executive officers. During the years ended December 31, 2024 and 2023, this VP of Operations had total cash compensation of $340,651 and $168,054, respectively, consisting of base salary, cash bonuses and an auto allowance.

One of our construction managers is the son-in-law of Gregory S. Bennett, our President, Chief Executive Officer, Vice Chairman, and Director, and is currently employed by us. He does not share a household with Mr. Bennett and is not one of our executive officers. During the years ended December 31, 2024 and 2023, this construction manager had total cash compensation of $162,668 and $126,190, respectively, consisting of base salary, cash bonuses and an auto allowance.

The compensation levels described above were based on reference to external market practice of similar positions when compared to the compensation paid to employees in similar positions that were not related to our executive officers. The Atlanta Affiliate’s VP of Operations and construction manager are also eligible to participate in employee benefit plans on the same general terms and conditions as applicable to other employees in similar positions who were not related to our executive officers.

Since August 2016, one of the former members of the Smith Douglas Holdings LLC board of managers was party to a consulting agreement with us pursuant to which he provided services in exchange for (i) an annual fee equal to $550,000 plus (ii) eligibility to earn an annual bonus, subject to the terms and conditions therein. During the year ended December 31, 2023, the member of the board of managers earned fees under the consulting agreement of $1.2 million. As of December 31, 2023, we had a balance due to the member of the board of managers under the consulting agreement of $0.7 million. The member was no longer on Smith Douglas Holdings LLC’s Board of Managers as of September 2023.

#### IPO allocation
As part of our IPO, the representatives of the underwriters allocated and sold 23,809 shares of Class A common stock at the IPO price per share of $21.00 to a trust affiliated with one of the former members of the Smith Douglas Holdings LLC former