Company: SDHC
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001982518-25-000012
Chunk: 36

Company: Smith Douglas Homes Corp.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 36
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 of their LTIP target values.

The dollar-denominated values of the LTIP awards earned were determined based on the achievement of Company net income goals for 2024. With respect to 2024, Messrs. Bennett and Devendorf earned LTIP awards with dollar-denominated values approved by our board of directors equal to $2,000,000 and $500,000, respectively, which were issued as awards of 97,040 and 24,260 restricted stock units, respectively. The restricted stock unit awards will vest in three substantially equal installments on the first three anniversaries of the grant date (March 20, 2025), subject to the applicable executive’s continued employment through the applicable vesting date.

The LTIP awards earned with respect to 2024 will be reported in the 2025 Summary Compensation Table covering the year in which the restricted stock units were granted.

#### Other Elements of Compensation

#### Retirement plans
We currently maintain a 401(k)-retirement savings plan for our employees, including our named executive officers, who satisfy certain eligibility requirements. Our named executive officers are eligible to participate in the 401(k) plan on the same terms as other full-time employees. The Internal Revenue Code allows eligible employees to defer a portion of their compensation, within prescribed limits, on a pre-tax basis through contributions to the 401(k) plan. Currently, we make safe harbor matching contributions in the 401(k) plan up to a specified percentage of the employee contributions, and these matching contributions are fully vested as of the date on which the contribution is made. We believe that providing a vehicle for tax-deferred retirement savings through our 401(k) plan and making fully vested matching contributions adds to the overall desirability of our executive compensation package and further incentivizes our employees, including our named executive officers, in accordance with our compensation policies.

#### Health and welfare benefits and perquisites
All of our full-time employees, including our named executive officers, are eligible to participate in our health and welfare plans, including medical, dental and vision benefits (including telemedicine and a high-deductible health plan with a health savings account); health and dependent care flexible spending accounts; short-term and long-term disability insurance; critical illness and accident insurance; and life and AD&D insurance.

We believe that the perquisites described in the Summary Compensation Table above are necessary and appropriate to fairly compensate and incentivize our named executive officers.

#### No tax gross-ups
We did not make gross-up payments to cover our