# EDGAR Filing Document

**Accession Number:** 0001830188
**File Stem:** 0001830188-26-000017
**Filing Date:** 2026-4
**Character Count:** 137613
**Document Hash:** 399ce074170c3a6ea69dac23fe7aa86c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001830188-26-000017.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001830188-26-000017

**CONFORMED SUBMISSION TYPE**: 10-K/A

**PUBLIC DOCUMENT COUNT**: 20

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** United Homes Group, Inc.
- **CENTRAL INDEX KEY:** 0001830188
- **STANDARD INDUSTRIAL CLASSIFICATION:** OPERATIVE BUILDERS [1531]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 853460766
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39936
- **FILM NUMBER:** 26916510

**BUSINESS ADDRESS:**
- **STREET 1:** 917 CHAPIN ROAD
- **CITY:** CHAPIN
- **STATE:** SC
- **ZIP:** 29036
- **BUSINESS PHONE:** 844-766-4663

**MAIL ADDRESS:**
- **STREET 1:** 917 CHAPIN ROAD
- **CITY:** CHAPIN
- **STATE:** SC
- **ZIP:** 29036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DiamondHead Holdings Corp.
- **DATE OF NAME CHANGE:** 20201027

?xml version='1.0' encoding='ASCII'? uhg-20251231

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**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K/A**

(Amendment No. 1)

**(Mark One)**

⌧ **ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the fiscal year ended December 31, 2025**

**OR**

□ **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the transition period from to** 

**Commission file number 001-39936**

**UNITED HOMES GROUP, INC.**

**(Exact name of registrant as specified in its charter)**

---

| | |
|:---|:---|
| **Delaware** | **85-3460766** |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
| **917 Chapin Road**<br>**Chapin, South Carolina** | **29036** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**(844) 766-4663**

Registrant's telephone number, including area code

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Class A Common Stock, par value $0.0001 per share | UHG | The Nasdaq Stock Market LLC |
| Warrants, each exercisable for one share of Class A Common Stock for $11.50 per share | UHGWW | The Nasdaq Stock Market LLC |

---

Securities registered pursuant to section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes □ No ⌧

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes □ No ⌧

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and (2) has been subject to such filing requirements for the past 90 days. Yes ⌧ No □

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ⌧ No □

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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

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| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | □ | Accelerated filer | □ |
| Non-accelerated filer | ⌧ | Smaller reporting company | ⌧ |
| | | Emerging growth company | ⌧ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of

the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. □

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. □

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). □

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes □ No ⌧

The aggregate market value of voting stock held by non-affiliates of the Registrant on June 30, 2025, based on the closing price of $2.90 for shares of the Registrant's Class A common stock as reported by The Nasdaq Global Market, was approximately $46,091,350. Shares of common stock beneficially owned by each executive officer, director, and holder of more than 10% of our common stock have been excluded in that such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes.

As of April 21, 2026, 21,853,341 Class A Common Shares, par value $0.0001 per share, and 36,973,876 Class B Common Shares, par value $0.0001 per share, were issued and outstanding.

Auditor Name: Forvis Mazars, LLP Auditor Location: Tysons, VA Auditor Firm ID: 686

DOCUMENTS INCORPORATED BY REFERENCE

None

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**EXPLANATORY NOTE**

United Homes Group, Inc. (the "Company"), a corporation incorporated under the laws of Delaware, is filing this Amendment No. 1 on Form 10-K/A (this "Amendment") to its Annual Report on Form 10-K for the year ended December 31, 2025, originally filed with the Securities and Exchange Commission (the "SEC"), on March 13, 2026 (the "Original Form 10-K") solely to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• amend Part III, Items 10, 11, 12 13 and 14 of the Original Form 10-K to include the information required by and not included in such Items;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• remove the reference on the cover of the Original Form 10-K to the incorporation by reference of certain information from either a proxy statement or an amendment on Form 10-K into Part III of the Original Form 10-K; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• file new certifications of our principal executive officer and principal financial officer as exhibits to this Amendment under Item 15 of Part IV hereof pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended, and to Section 302 of the Sarbanes-Oxley Act of 2002.

Except as explicitly set forth herein, this Amendment does not otherwise change, modify or update the disclosures in the Original Form 10-K.

Unless we state otherwise or the context otherwise requires, in this Amendment, all references to "UHG," "we," "us," "our" and the "Company" refer to United Homes Group, Inc. and its subsidiaries. Reference to "2025" refers to fiscal year 2025 ended December 31, 2025. "Common Shares" refer to United Homes Group, Inc. common shares.

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**Table of Contents**

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| | |
|:---|:---|
| | **Page** |
| **<u>[PART III](#ib5d383d570d34529a4817301b63a6267_178)</u>** | |
| <u>[Item 10. Directors, Executive Officers and Corporate Governance](#ib5d383d570d34529a4817301b63a6267_181)</u> | [2](#ib5d383d570d34529a4817301b63a6267_181) |
| <u>[Item 11 Executive Compensation](#ib5d383d570d34529a4817301b63a6267_184)</u> | [5](#ib5d383d570d34529a4817301b63a6267_184) |
| <u>[Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](#ib5d383d570d34529a4817301b63a6267_187)</u> | [8](#ib5d383d570d34529a4817301b63a6267_187) |
| <u>[Item 13. Certain Relationships and Related Transactions, and Director Independence](#ib5d383d570d34529a4817301b63a6267_190)</u> | [10](#ib5d383d570d34529a4817301b63a6267_190) |
| <u>[Item 14. Principal Accountant Fees and Services](#ib5d383d570d34529a4817301b63a6267_193)</u> | [11](#ib5d383d570d34529a4817301b63a6267_193) |
| **<u>[PART IV](#ib5d383d570d34529a4817301b63a6267_196)</u>** |  |
| <u>[Item 15. Exhibits and Financial Statement Schedules](#ib5d383d570d34529a4817301b63a6267_199)</u> | [13](#ib5d383d570d34529a4817301b63a6267_199) |
| <u>[Signatures](#ib5d383d570d34529a4817301b63a6267_205)</u> | [16](#ib5d383d570d34529a4817301b63a6267_205) |

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**PART III**

**Item 10. Directors, Executive Officers and Corporate Governance**

**Executive Officers and Directors**

The following table provides the name, age and position of each of our executive officers and directors. Certain biographical information for each individual follows the table.

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| | | |
|:---|:---|:---|
| **Name** | **Age** | **Position** |
| Jack Micenko | 52 | Chief Executive Officer and President |
| Michael Nieri | 61 | Executive Chairman and Director |
| Keith Feldman | 49 | Chief Financial Officer |
| Shelton Twine | 53 | Co-Chief Operating Officer |
| Jeremy Pyle | 48 | Co-Chief Operating Officer |
| Tom O'Grady | 71 | Chief Administrative Officer |
| Rob Penny | 51 | Executive Vice President - Sales |
| Jason Enoch | 59 | Independent Director |
| Robert Dozier | 58 | Independent Director |
| Alan Levine | 65 | Independent Director |

---

*John G. (Jack) Micenko, Jr.* has served as our Chief Executive Officer since May 2025 and as our President since July 2023. Mr. Micenko has more than 20 years of experience in the residential real estate and mortgage finance industry, most recently as Managing Director at BTIG LLC ("BTIG"), where he had led the firm's Housing Ecosystem investment banking practice since 2021, identifying opportunities for corporate clients across all aspects of the residential housing industry. Before his tenure at BTIG, Mr. Micenko was Senior Equity Analyst and Deputy Director of Research for Susquehanna International Group, LLP from 2004 to 2021. Mr. Micenko served as Vice President at Lehman Brothers Holdings Inc. from 2000 to 2004 and as Vice President at Friedman Billings Ramsey Group, a real estate investment trust, from 1996 to 2000. Mr. Micenko holds a Bachelor of Finance from John Carroll University and brings to our management team his extensive background in residential housing finance, capital markets and mergers and acquisitions.

*Michael Nieri* is our Executive Chairman, after serving as our Chief Executive Officer and Chairman of the Board since becoming a public company in 2023. Mr. Nieri founded Great Southern Homes, Inc. (GSH) in June 2004, and served as GSH's President and Chairman prior to the March 2023 business combination with DiamondHead Holdings Corporation (DHHC) that created United Homes Group (the "Business Combination"). Mr. Nieri has dedicated his professional life to providing families with well-built, affordably priced homes with signature style and quality throughout the southeast, where he has built over 15,000 homes in high-growth markets over his career. Mr. Nieri has received numerous awards and accolades over the course of his career, including his induction into the South Carolina Housing Hall of Fame and receiving the BIA Richard N. Sendler Award by the Central South Carolina Building Industry Association. In addition, he has been recognized as the South Carolina Homebuilder of the Year and the Builder Member of the Year. For his innovative leadership and dedication to his community, Mr. Nieri received the 2020 Hearthstone BUILDER Humanitarian Award, a national award for industry leaders who demonstrate a lifetime of dedication to charitable endeavors. Mr. Nieri holds a Bachelor of Science degree in Construction Science and Management from Clemson University. Mr. Nieri is the brother-in-law of Shelton Twine. Mr. Nieri's qualifications to serve on our Board are primarily based on his operational and historical experience as Founder, President, Chief Executive Officer and Chairman of GSH and his extensive experience in the homebuilding industry.

*Keith Feldman* has served as our Chief Financial Officer since the Business Combination. Mr. Feldman previously served as Chief Financial Officer of DHHC, a position he held from October 2020 until the Business Combination. Mr. Feldman also served as a director of DHHC from its inception until his resignation on August 2, 2022, and his resignation did not result from any disagreement with DHHC. From October 2020 through March 2024, Mr. Feldman served as a director and the chairman of the audit committee of Lordstown Motors Corp. (subsequently known as Nu Ride, Inc.), an electric vehicle automaker. Mr. Feldman previously served as the Chief Financial Officer and Treasurer of NorthStar Realty Europe Corp. (NYSE: NRE), a NYSE-listed REIT focused on European commercial real estate properties from May 2017, through the acquisition by AXA Investment Managers-Real Assets, in September 2019. Mr. Feldman served as a managing director of Colony Capital, Inc., from January 2017 to October 2019 and served as a managing director of NorthStar Asset Management Group Inc., a predecessor company of Colony Capital, Inc. from July 2014 to January 2017, as a managing director of NorthStar Realty Finance Corp. from January 2014 to July 2014 and as a director of NorthStar Realty Finance Corp. from January 2012 to December 2013. In each of these roles, Mr. Feldman's responsibilities included capital markets, corporate finance, and investor relations. Earlier in his career, Mr. Feldman held various financial positions

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at NorthStar Realty Finance Corp., Goldman Sachs, J.P. Morgan Chase and KPMG LLP. Mr. Feldman received a Bachelor of Science in accounting from Binghamton University. Mr. Feldman is a CFA charter holder and a CPA.

*Shelton Twine* served as our Chief Operating Officer from the time of the Business Combination through May 2025, and as one of our Co-Chief Operating Officers from May 2025 through the present. Mr. Twine oversees our day to day operations to execute the strategic vision of the company, and previously served as a key member of the management team of GSH and its affiliated entities for 20 years preceding the Business Combination. Prior to becoming GSH's Chief Operating Officer in July 2018, Mr. Twine held various positions with GSH beginning in 2002, including serving as GSH's Vice President - Operations from 2015 to 2018 and as Vice President. From 2007 to 2015, Mr. Twine served as President of Realty and Marketing Services (RMS) following its spin-off from GSH, where he oversaw real estate and sales operations. Mr. Twine is a licensed real estate broker and holds a Bachelor of Arts degree from Old Dominion University in Norfolk, Virginia. Mr. Twine is the brother-in-law of Mr. Nieri.

*Jeremy Pyle* has served as our Co-Chief Operating Officer since May 2025. Prior to that, Mr. Pyle served as our Co-Executive Vice President - Construction Services since the Business Combination, where he oversaw and directed all construction activities in GSH's South Carolina and Georgia markets of the Midlands, Sumter, Greenville, Spartanburg, Goose Creek, Aiken, Augusta, Florence and Clemson. Mr. Pyle previously served as Vice President -Construction from May 2020 until the Business Combination. Mr. Pyle started with GSH in 2005 as a superintendent and rose through the ranks to become a Production Manager and ultimately, co-Executive Vice President -Construction Services.

*Clive R.G. (Tom) O'Grady* has served as our Chief Administrative Officer since the Business Combination, and previously had been a member of the board of directors of GSH since October 2021 and served as GSH's Chief Administrative Officer, a position he held from January 2022 until the Business Combination. Mr. O'Grady also served as a member of our board of directors from the time of the Business Combination through May 2025. Mr. O'Grady was the Principal of O'Grady Law PLLC from 2013 until the Business Combination. He has also served as Treasurer and a director of Attransco, Inc., a shipping company, since 1995. From 2012 to 2013, Mr. O'Grady served as Executive Vice President of Corporate Development at RxAlly, a technology company. Previously, Mr. O'Grady spent over 25 years as a corporate transactional lawyer at McGuire Woods LLP and prior to that practiced at Bowmans in South Africa. Mr. O'Grady holds a Bachelor of Commerce degree and a Bachelor of Laws degree from the University of the Witwatersrand in Johannesburg, South Africa, and a Master of Laws degree from the University of Virginia.

*Robert Penny* has served as our Executive Vice President - Sales since the Business Combination, and previously served as Vice President - Sales of GSH from January 2020 until the Business Combination. Mr. Penny is responsible for product planning, inventory management, sales and contract administration, market presentation, and customer relations. Previously, Mr. Penny was a Regional Sales Manager for GSH, covering the Midlands, Upstate, and Coastal regions, from October 2013 through January 2020. Mr. Penny holds a degree in Hotel, Restaurant, and Tourism Management from the University of South Carolina.

*Jason Enoch* has served as a director since the Business Combination, and previously served as a member of the board of directors of GSH from October 2021 until the Business Combination. Mr. Enoch is our lead independent director. Mr. Enoch is also a member and the Chairman of our Audit Committee, a member and Chairman of our Related Party Transactions Committee, and a member of the Compensation Committee. Mr. Enoch was a Partner at Deloitte & Touche LLP, an independent accounting firm, from June 2002 through his retirement in September 2020, and began his career there in 1989. Mr. Enoch earned a degree in accounting from Lehigh University and an MBA from Columbia University. Mr. Enoch's experience as a long-term partner at Deloitte & Touche LLP, including in particular his focus on the audits of public company financial statement and internal controls over financial reporting, provided him not only with an extensive financial and accounting background that adds depth to UHG's Audit Committee, but also a focus interacting with the Securities and Exchange Commission, and he has assisted clients with initial and secondary public securities offerings and private placements. During his time at Deloitte & Touche LLP, his service to his clients' board of directors provided him with important experience and perspectives with respect to governance, risk management, operations, and public company best practices. This experience uniquely qualifies him to serve on our Board and as Chairman of the Audit Committee.

*Robert Dozier, Jr.* has served as a director since the Business Combination, and previously served as a director of GSH from December 2021 until the Business Combination. Mr. Dozier is a member and Chairman of our Nominating and Corporate Governance Committee and a member of the Audit Committee, and Compensation Committee. Mr. Dozier is the Chief Executive Officer of Palmetto Citizens Federal Credit Union, a position he has held since February 2023. Mr. Dozier previously served as President of First Reliance Bancshares, the holding company for First Reliance Bank ("FRB"), where he served as Chief Operating Officer from January 2020 through December 2022. FRB is a community bank headquartered in South Carolina, serving eight markets in North and South Carolina. From June 2011 to December 2019, Mr. Dozier served as Executive Vice President and Chief Business Officer of Federal Home Loan Bank of Atlanta, a $100 billion dollar wholesale bank serving over 850 financial institutions around the Southeast. Mr. Dozier has a Political Science Degree from the University of South Carolina and is a former member of the Board of Trustees of the University of South

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Carolina. Mr. Dozier's business and banking experience, as well as his deep connections in the South Carolina business community, make him well-qualified to serve on our Board.

*Alan Levine* has served as a director since the Business Combination, and preciously served a member of the board of directors of GSH from October 2021 until the Business Combination. Mr. Levine is a member and the Chairman of our Compensation Committee and is a member of the Audit Committee and Related Party Transactions Committee. Mr. Levine has been retired since 2019, following a 35-year career with Enterprise Holdings, where he was President/General Manager for the South Florida Group, responsible for leading all aspects of the company's three primary brands - Enterprise Rent A Car, National Car Rental and Alamo Rent-A-Car. In addition, Mr. Levine directed the firm's other business lines, including Car Sales and Commercial Truck Rental, and consulted for the company's Fleet Management (fleet leasing) operation. Mr. Levine led Enterprise's expansion that has included approximately doubling in size, the opening of a new business division and the successful integration of a major acquisition. Mr. Levine graduated from the University of South Florida with a degree in Marketing, and has attended Enterprise's Senior Executive Leadership program, in addition to numerous other developmental seminars. Mr. Levine's extensive experience in the areas of operations, management, and leadership makes Mr. Levine well-qualified to serve on our Board*.*

**Code of Ethics** 

We have adopted a Code of Business Conduct and Ethics, or the Code of Ethics, applicable to all of our employees, executive officers and directors. The Code of Ethics is available on the investor relations portion of our website at *www.unitedhomesgroup.com*. Information contained on or accessible through this website is not a part of this report, and the inclusion of this website address in this report is an inactive textual reference only. The Nominating and Corporate Governance Committee of Board is responsible for overseeing the Code of Ethics and must approve any waivers of the Code of Ethics for employees, executive officers and directors. We expect that any amendments to the Code of Ethics, or any waivers of its requirements, will be disclosed on our website.

**Audit Committee** 

Our Audit Committee consists of Mr. Enoch, Mr. Dozier, and Mr. Levine, with Mr. Enoch serving as the chairperson of the Audit Committee. Under the Nasdaq Listing Rules and applicable SEC rules, we are required to have at least three members of the Audit Committee, all of whom must be independent. Mr. Enoch, Mr. Dozier, and Mr. Levine each meet the independent director standard under the Nasdaq Listing Rules and under Rule 10A-3(b)(1) of the Exchange Act. Our Audit Committee held four meetings in 2025.

The Board has determined that Mr. Enoch qualifies as an audit committee financial expert within the meaning of SEC regulations and all members meet the financial sophistication requirements of the Nasdaq Listing Rules. Both our independent registered public accounting firm and management periodically meet privately with the Audit Committee.

**Employee, Officer and Director Hedging; Insider Trading; 10b5-1 Plans and Pledging** 

Our Board has adopted an insider trading policy to promote compliance with federal, state and foreign securities laws that prohibit certain persons who are aware of material nonpublic information about a company from: (i) trading in securities of that company; or (ii) providing material nonpublic information to other persons who may trade on the basis of that information.

Our insider trading policy prohibits our Board members, officers, employees and consultants from engaging in (a) transactions involving options on our securities, such as puts, calls and other derivative securities, whether on an exchange or in any other market, and (b) hedging transactions, such as collars and forward sale contracts. Our insider trading policy also prohibits our Board members, officers, employees and consultants from purchasing Company securities on margin, borrowing against Company securities held in a margin account, or pledging Company securities as collateral for a loan.

Our insider trading policy permits our executive officers and directors to enter into trading plans established according to Section 10b5-1 of the Exchange Act. These plans may include specific instructions for a broker to exercise vested options and sell our common stock on behalf of the executive officer or director at certain dates if our stock price is above a specified level or both. Under these plans, the executive officer or director no longer has control over the decision to exercise and sell the securities in the plan, unless he or she amends or terminates the trading plan. The purpose of these plans is to enable executive officers and directors to recognize the value of their compensation and diversify their holdings of our stock during periods in which the executive officer or director would be unable to sell our common stock because material information about us had not been publicly released.

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**Item 11. Executive Compensation**

**Compensation Objectives and Overview** 

We believe that the skill, talent, judgment and dedication of our executive officers and other key employees are critical factors affecting our long-term stockholder value. Therefore, our goal is to maintain a compensation program that will fairly compensate our executive officers, attract and retain highly qualified executive officers, motivate the performance of our executive officers towards, and reward the achievement of, clearly defined corporate goals, and align our executive officers' long-term interests with those of our stockholders. We have historically utilized stock-based compensation as a means to attract employees and drive individual and company performance by relating the potential for creating stockholder value with compensation potential of individuals through the use of equity awards.

**Compensation Committee** 

The Compensation Committee of the Board is comprised of three non-employee members of the Board. The Compensation Committee reviews the performance of our management in achieving corporate objectives and aims to ensure that the executive officers are compensated effectively in a manner consistent with our compensation philosophy and competitive practice. In fulfilling this responsibility, the Compensation Committee annually reviews the performance of each executive officer. Our Chief Executive Officer, as the manager of the executive team, assesses our executive officers' contributions to the corporate goals and makes a recommendation to the Compensation Committee with respect to any merit increase in salary, cash bonus and equity award for each member of the executive team other than himself. The Compensation Committee meets with the Chief Executive Officer to evaluate, discuss and modify or approve these recommendations. The Compensation Committee also conducts a similar evaluation of the Chief Executive Officer's contributions when the Chief Executive Officer is not present, and determines any increase in salary, cash bonus and equity award.

**2025 Summary Compensation Table**

The following table summarizes the compensation that we paid for the last two completed fiscal years to each of the individuals who served as our principal executive officer and each of our two other most highly compensated executive officers who were serving as of December 31, 2025. We refer to these executive officers in this report as our "named executive officers."

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name and Principal Position** | **Year** | **Salary** | **Bonus** | **Stock Awards**<sup>(1)</sup> | **Options Awards**<sup>(1)</sup> | **Nonequity Incentive Plan Compensation**<sup>(2)</sup> | **All Other Compensation** | **Total** |
| James M. Pirrello, Former Interim Chief Executive Officer<sup>(3)</sup> | 2025 | $211538 | $125000<sup>(5)</sup> | $— | $— | $— | $132945<sup>(7)</sup> | $469483 |
|  | 2024 | $103846 | $— | $— | $167595 | $— | $117443 | $388884 |
| Jack Micenko, Chief Executive Officer and President<sup>(4)</sup> | 2025 | $650000 | $650000<sup>(6)</sup> | $104813 | $385388 | $— | $20223<sup>(8)</sup> | $1810424 |
|  | 2024 | $650000 | $— | $185438 | $582113 | $192054 | $8197 | $1617802 |
| Michael Nieri, Executive Chairman | 2025 | $646062 | $— | $— | $403561 | $— | $22067<sup>(9)</sup> | $1071690 |
|  | 2024 | $923019 | $— | $388125 | $1218375 | $227863 | $31860 | $2789242 |
| Keith Feldman, Chief Financial Officer | 2025 | $400000 | $400000<sup>(6)</sup> | $78000 | $286800 | $— | $29554<sup>(10)</sup> | $1194354 |
|  | 2024 | $400000 | $— | $138000 | $433200 | $118187 | $17428 | $1106815 |

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(1) Represents the aggregate grant date fair value of each stock award or option award, as applicable, computed in accordance with FASB ASC Topic 718. See *Note 1 - Nature of Business and Summary of Significant Accounting Policies,* of the Original Form 10-K for a description of the assumptions utilized by the Company in estimating the grant date fair value.

(2) Bonus amounts paid in 2024 were made under our executive compensation plan and are reported in the "Non-Equity Incentive Plan Compensation" column of the Summary Compensation Table.

(3) Mr. Pirrello served as Interim Chief Executive Officer of the Company from October 1, 2024 through May 19, 2025.

(4) Mr. Micenko was named Chief Executive Officer of the Company on May 19, 2025.

(5) Represents a service recognition bonus.

(6) On November 6, 2025, we entered into Retention Agreements (each, a "Retention Agreement") with Mr. Micenko and Mr. Feldman (each, a "Participant"), pursuant to which the Participants were paid a cash retention amount equal to 100% of their respective 2025 base salaries (the "Retention Payment"). In the event a Participant's employment was terminated prior to March 31, 2026, such Participant would have been be required to repay a pro rata portion of the after-tax value of the Retention Payment, provided that such termination is by us for Cause or by the Participant other than for Good Reason (each term as defined in the respective employment agreements of the Participants, previously filed by the Company with the SEC). Effective as of March 31, 2026, the Retention Payments were not subject to any repayment requirement.

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(7) Consists of (i) a severance payment made to James M. Pirrello in connection with his resignation on May 19, 2025 of $125,000, (ii) cost of insurance premiums of $6,026, (iii) 401(k) company match of $1,538, and (iv) $381 cellphone allowance.

(8) Consists of (i) cost of medical insurance premiums of $19,288, and (ii) $935 cell phone allowance.

(9) Consists of (i) cost of medical insurance premiums of $15,867, and (ii) 401(k) company match of $6,200.

(10) Consists of (i) cost of medical insurance premiums of $18,965, (ii) 401(k) company match of $9,654, and (iii) $935 cell phone allowance.

**Outstanding Equity Awards as of December 31, 2025** 

The following table sets forth information regarding outstanding equity awards held by the named executive officers as of December 31, 2025. The applicable vesting provisions are described in the footnote following the table.

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Option Awards** | **Option Awards** | **Option Awards** | **Option Awards** | **Option Awards** | **Option Awards** | **Stock Awards** | **Stock Awards** | **Stock Awards** | **Stock Awards** | **Stock Awards** |
|<br>**Name** | **Grant Date**<sup>(1)</sup> | **Number of Securities Underlying Unexercised Options (#) Exercisable** | **Number of Securities Underlying Unexercised Options (#) Unexercisable** | **Equity incentive plan awards: number of securities underlying unexercised unearned options (#)** | **Option Exercise Price** | **Option Expiration Date** | **Grant Date** | **Number of Shares or units of Stock That Have Not Vested (#)** | **Market Value of Shares or Units of Stock That Have Not Vested ($)** | **Equity incentive plan awards: number of unearned shares, units, or other rights that have not vested (#)** | **Equity incentive plan awards: market or payout value of unearned shares, units, or other rights that have not vested ($)** |
| James M. Pirrello | 4/25/2024 | 12500 |  |  | $6.40 | 4/25/2034 |  |  |  |  | $— |
| Jack Micenko | 7/17/2023 | 157008 | 157011 |  | $11.68 | 7/17/2033 |  |  |  |  | $— |
|  | 2/16/2024 | 40312 | 120938 |  | $6.96 | 2/16/2034 | 2/16/2024 |  |  | 53750 | $83850 |
|  | 1/22/2025 |  | 161250 |  | $4.42 | 1/22/2035 | 1/22/2025 |  |  | 53750 | $83850 |
| Michael Nieri | 5/25/2023 | 327102 | 327104 |  | $11.64 | 5/25/2033 |  |  |  |  | $— |
|  | 2/16/2024 | 84375 | 253125 |  | $6.96 | 2/16/2034 | 2/16/2024 |  |  | 112500 | $175500 |
|  | 1/22/2025 |  | 168854 |  | $4.42 | 1/22/2035 |  |  |  |  | $— |
| Keith Feldman | 5/25/2023 | 117756 | 117758 |  | $11.64 | 5/25/2033 |  |  |  |  | $— |
|  | 2/16/2024 | 30000 | 90000 |  | $6.96 | 2/16/2034 | 2/16/2024 |  |  | 40000 | $62400 |
|  | 1/22/2025 |  | 120000 |  | $4.42 | 1/22/2035 | 1/22/2025 |  |  | 40000 | $62400 |

---

The "equity incentive plan" awards reflected in the table above reflect performance-based restricted stock units ("PSUs") granted to the named executive officers during the fiscal year. The PSUs granted in 2024 will vest upon the date, if any, during the period through March 30, 2028, that the volume weighted average price of our Class A common stock for 20 out of the preceding 30 consecutive trading days is greater than or equal to $18.00. The PSUs granted in 2025 will vest upon the date, if any, during the period through March 31, 2029, that the volume weighted average price of our Class A common stock for 20 out of the preceding 30 consecutive trading days is greater than or equal to $13.50. The named executive officers do not have the right to vote or dispose of the stock units.

**2026 Executive Compensation Framework**

On January 13, 2026, the Compensation Committee approved the 2026 compensation framework (the "2026 Executive Compensation Framework") for our executive officers, including our named executive officers, which included base salaries and cash bonuses, as described in more detail below. The 2026 Executive Compensation Framework consists of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Base salaries for the 2026 fiscal year; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 2026 annual cash bonus opportunities, pursuant to which executive officers will be entitled to receive annual bonuses based on achievement of certain 2026 performance metrics.

The Compensation Committee's approval of the 2026 Executive Compensation Framework was based on various factors, including, among others, consistency with the executive compensation framework in place for the 2025 fiscal year.

*Base Salaries and Annual Cash Bonus Opportunities*

The 2026 base salaries and target bonus opportunities set by the Compensation Committee for each of our named executive officers are as follows:

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| | | |
|:---|:---|:---|
| **Executive Officer** | **Base Salary** | **Target Cash Bonus Opportunity** |
| Michael Nieri | $608000 | $— |
| Jack Micenko | $650000 | $650000 |
| Keith Feldman | $400000 | $400000 |

---

For each of Messrs. Micenko and Feldman, target bonus opportunity of 100% of the officer's base salary will be based upon the Company's achievement of three performance measures: (i) pretax profit, as defined by the Company, (ii) revenue, and (iii) closings. In each instance, performance that meets the threshold requirements for a performance measure will result in a 50% payout of the portion of the award based on that performance measure. Performance that meets the target requirements will result in 100% payout of the portion of the award based on that performance measure. Performance that meets the maximum requirements will result in 125% payout of the portion of the award based on that performance measure. To the extent performance falls between two levels, linear interpolation is applied. In the event that our performance does not meet the threshold requirements, no payment will be made on the portion of the award based on that performance measure. In the event that our performance exceeds the maximum requirements, payments made on the portion of the award will be capped at the maximum payout amount for that performance measure.

**Director Compensation Table for Year Ended December 31, 2025**

From January 1, 2025 through November 6, 2025, our directors were paid an annual cash retainer equal to $75,000 and additional fees for service on a committee equal to $6,000 ($10,000 for service on the Related Party Transactions Committee). Committee chairpersons received additional fees for service in such positions ($12,000 for each of the chairpersons of the Nominating and Corporate Governance Committee and the Compensation Committee, $15,000 for the chairperson of the Audit Committee, and $20,000 for the chairperson of the Related Party Transactions Committee). In addition, our lead independent director received an annual fee equal to $30,000. Effective November 7, 2025, our directors were paid a monthly cash retainer equal to $40,000. Commencing on such date, no additional fees are paid for membership on or serving as chairperson of any of our committees, or for being designated our lead independent director. Amounts paid under each compensation structure in 2025 were pro-rated for the number of days such structure was in effect. Directors may also receive equity awards from time to time. Any directors who also serve as an employee of the company do not receive additional compensation for their service as a director.

The following table sets forth information regarding compensation earned during the fiscal year ended December 31, 2025 by each of our directors:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name** | **Fees Earned or Paid in Cash** | **Stock Awards**<sup>(1)</sup> | **Option Awards**<sup>(1)(2)</sup> | **Total** |
| James Clements<sup>(3)</sup> | $87000 | $— | $79900 | $166900 |
| Robert Dozier | $203500 | $17680 | $79900 | $301080 |
| Jason Enoch | $240500 | $26520 | $79900 | $346920 |
| Nikki Haley<sup>(3)</sup> | $81000 | $— | $79900 | $160900 |
| Alan Levine | $175000 | $17680 | $79900 | $272580 |
| Michael Nieri<sup>(4)</sup> | $— | $— | $— | $— |
| Tom O'Grady<sup>(3)(4)</sup> | $— | $— | $— | $— |
| James M. Pirrello<sup>(3)</sup> | $46360 | $— | $— | $46360 |

---

(1) The following table provides the aggregate number of Stock Awards and the aggregate number of Option Awards outstanding as of December 31, 2025 for each individual listed in the table above:

---

| | | |
|:---|:---|:---|
| **Name** | **Stock Awards** | **Option Awards** |
| James Clements |  | 62,942 |
| Robert Dozier |  | 153,479 |
| Jason Enoch |  | 153,479 |
| Nikki Haley |  | 116,442 |
| Alan Levine |  | 153,479 |
| Michael Nieri | 112,500 | 1,160,560 |
| Tom O'Grady | 45,000 | 265,841 |
| James M. Pirrello |  | 12,500 |

---

(2) Represents the aggregate grant date fair value of each option award computed in accordance with FASB ASC Topic 718.

(3) Mr. O'Grady ceased being a director of the Company on June 12, 2025. Dr. Clements resigned from the Company's board of directors effective as of October 19, 2025. Mr. Pirrello and Ambassador Haley each resigned from the Company's board of directors effective as of November 7, 2025.

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(4) Messrs. Nieri and O'Grady did not receive any compensation for their services as a member of UHG's board of directors during the year presented.

**Policy Regarding Timing of Equity Grants**

A majority of our equity awards, which may include options, SARs, restricted stock units, performance stock units, or other types of equity awards, are granted in the first quarter of each year. Off-cycle grants, such as those made in connection with new employment arrangements and other special events, are generally made on the first trading day of the month following such event. The Compensation Committee's process with respect to equity grants is independent of any consideration of the timing of the release of material non-public information, including with respect to the determination of grant dates. Similarly, we have never timed the release of material non-public information with the purpose or intent of affecting the value of executive compensation.

**Compensation Committee Interlocks and Insider Participation**

None of the members of our Compensation Committee has ever been an executive officer or employee of UHG. None of our executive officers currently serve, or have served during the last completed fiscal year, on the compensation committee or board of directors of any other entity that has one or more executive officers that serves as a member of the Board or Compensation Committee of UHG.

**Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**

**Overview** 

The table below provides information concerning beneficial ownership of our common stock as of March 26, 2026 by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each person who is known to be the beneficial owner of more than 5% of our Class A common stock and Class B common stock;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each of our named executive officers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each of our directors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• all of our current executive officers and directors as a group.

The following table is based upon information supplied by directors, executive officers and principal stockholders; and Schedule 13G, Schedule 13D and Section 16 filings filed with the SEC through March 26, 2026. The column in each table entitled "% of Class" is based upon 21,853,341 shares of Class A common stock and 36,973,876 shares of Class B common stock issued and outstanding as of March 26, 2026.

**Explanation of Certain Calculations in the Table of Certain Beneficial Owners** 

Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within 60 days. Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all shares beneficially owned by them.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name and Address of Beneficial Owner**<sup>(1)</sup> | **Number of Class A Shares Beneficially Owned** | **% of Class**<sup>(2)</sup> | **Number of Class B Shares Beneficially Owned** | **% of Class**<sup>(2)</sup> |
| ***Directors and Named Executive Officers*** | | | | |
| Robert Dozier | 151307 | \* |  | —% |
| Jason Enoch | 131478 | \* |  | —% |
| Alan Levine<sup>(3)</sup> | 989978 | 4.5% |  | —% |
| Michael Nieri<sup>(3)</sup> | 41349597 | 69.5% | 36973876 | 100.0% |
| Jack Micenko | 277944 | 1.3% |  | —% |
| Keith Feldman<sup>(4)</sup> | 527568 | 2.4% |  | —% |
| All executive officers and directors as a group (10 individuals) | 45151795 | 72.8% | 36973876 | 100.0% |
| ***Greater than Five Percent Holders:*** |  |  |  |  |
| Maigan Nieri Lincks<sup>(3)</sup> | 12173791 | 36.0% | 11951152 | 32.3% |
| Patrick Nieri<sup>(3)</sup> | 12173791 | 36.0% | 11951152 | 32.3% |
| Pennington Nieri<sup>(3)</sup> | 15202026 | 44.0% | 12676367 | 34.3% |
| PWN Trust 2018<sup>(5)</sup> | 6058908 | 21.8% | 5975576 | 16.2% |
| MEN Trust 2018<sup>(6)</sup> | 6058908 | 21.8% | 5975576 | 16.2% |
| PMN Trust 2018<sup>(7)</sup> | 6058908 | 21.8% | 5975576 | 16.2% |
| MPN Grandchildrens' Trust 2023<sup>(8)</sup> | 1705215 | 7.6% | 725215 | 2.0% |
| Robyn Nieri | 1121328 | 5.1% |  | —% |
| David T. Hamamoto<sup>(3)(4)(9)</sup> | 3134826 | 13.3% |  | —% |
| Fidelity National Financial, Inc.<sup>(10)</sup> | 2800000 | 12.8% |  | —% |
| Hilary L. Shane<sup>(3)(11)</sup> | 1529982 | 7.0% |  | —% |

---

\* Less than 1%.

(1) Unless otherwise noted, the business address of each of the entities or individuals listed in the table above is 917 Chapin Road, Chapin, South Carolina 29036.

(2) The percentage of beneficial ownership of the Company is calculated based on (i) 21,853,341 shares of Class A common stock and (ii) 36,973,876 shares of Class B common stock issued and outstanding as of March 26, 2026.

(3) Includes shares which the identified holder may be deemed to beneficially own, including shares held in trusts for the benefit of family members, or trusts in which the identified holder is a trustee.

(4) Includes shares issuable upon the exercise of warrants held by the identified holder.

(5) Voting and dispositive control of the securities is shared by Pennington Nieri, formerly the Company's Co-Executive VP - Construction Services, and Shelton Twine, the Company's Chief Operating Officer, as co-trustees.

(6) Voting and dispositive control of the securities is shared by Maigan Nieri Lincks and Shelton Twine, as co-trustees.

(7) Voting and dispositive control of the securities is shared by Patrick Nieri and Shelton Twine, as co-trustees.

(8) Voting and dispositive control of the securities is held by Pennington Nieri, as trustee.

(9) Based on Schedule 13D/A dated December 16, 2024. The reported business address of Mr. Hamamoto is 250 Park Ave., 7th Floor, New York, New York 10177.

(10) Based on Schedule 13G dated December 11, 2024. Of this amount, the reporting person has shared voting power and shared dispositive power as to 2,800,000 shares. The reported business address of Fidelity National Financial, Inc. is 601 Riverside Ave., Jacksonville, Florida 32204.

(11) Based on Schedule 13G dated February 23, 2026. Of this amount, the reporting person has shared voting power and shared dispositive power as to 1,529,000 shares. The reported business address of Ms. Shane is 78 Lighthouse Drive., Jupiter, Florida 33469.

**Securities Authorized for Issuance Under Equity Compensation Plans** 

The United Homes Group, Inc. 2023 Equity Incentive Plan (the "2023 Plan") is the only compensation plan under which equity securities of the Company are reserved for issuance. The following table shows the amount of securities available under the 2023 Plan as of December 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
| **Plan category** | **Number of securities to be issued upon exercise of outstanding options, warrants and rights** | **Weighted-average exercise price of outstanding options, warrants and rights** | **Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))** |
| | **(a)** | **(b)** | **(c)** |
| Equity compensation plans approved by security holders | 6216615 | $7.88<sup>(1)</sup> | 3436904 |
| Equity compensation plans not approved by security holders |  | - |  |
| Total | 6216615 | $7.88<sup>(1)</sup> | 3436904 |

---

(1) The price in column (b) reflects the weighted average price of all outstanding options under the 2023 Plan that, as of December 31, 2025, had been granted but not forfeited, expired or exercised. Restricted stock units are not included in determining the weighted average in column (b) because they have no exercise price.

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**Item 13. Certain Relationships and Related Transactions, and Director Independence**

The following is a description of certain transactions (including a series of transactions) occurring during the preceding two fiscal years in which the amount involved exceeded the lesser of $120,000 or 1% of the average of our total assets for our two prior fiscal year ends in which any directors, director nominees, executive officers, greater than 5% beneficial owners and their respective immediate family members (each, a "Related Person") had or will have a direct or indirect material interest, other than the compensation arrangements (including with respect to equity compensation) described in "*Executive Compensation*" beginning on page 6 and "*Director Compensation*" on page 7.

In accordance with the Nominating and Corporate Governance Committee Charter and the Related Party Transactions Committee Charter, the Nominating and Corporate Governance Committee and the Related Party Transactions Committee conduct reasonable prior review and oversight of all related party transactions for potential conflicts of interest, except for transactions involving the compensation of executive officers or directors, which are overseen by the Compensation Committee.

***Civil Engineering Services***

UHG has contracted with Civil Engineering of Columbia, LLC ("CEC") for the provision of civil engineering and surveying services. CEC is indirectly 55% owned by Pennington Nieri, who is Mr. Nieri's son, formerly the co-Executive Vice President - Construction Services of UHG, and the beneficial owner of 44.0% of the Class A common stock. UHG paid CEC approximately $486,000 and approximately $312,000, respectively, during the years ended December 31, 2025 and 2024 for the provision of such services.

***Developed Lot Purchase Agreements***

UHG has entered into lot purchase agreements (collectively, the "Lot Purchase Agreements") with related parties which are owned, directly or indirectly, by Mr. Nieri and/or the Nieri Trusts. In addition, Mr. Nieri has a 49% ownership interest in Pennington Communities, LLC, an entity formed for the purpose of being the sole manager of each of these related parties. The Lot Purchase Agreements provide for the purchase by UHG of lots that are owned and developed by the related parties at a price equal to fair market value. UHG pays an initial deposit to the applicable related party upon entry into a Lot Purchase Agreement. During the years ended December 31, 2025 and 2024, such deposits totaled zero and approximately $8.5 million, respectively. During the years ended December 31, 2025 and 2024, UHG paid these related parties an aggregate of approximately $0.8 million and approximately $17.3 million, respectively, for the purchase of lots pursuant to Lot Purchase Agreements.

***PCLDC Services Agreement & Other***

UHG is party to a services agreement with PCLDC, pursuant to which certain employees of each party provide services to the other party and certain shared costs are allocated in line with a predetermined methodology based on headcount. During the years ended December 31, 2025 and 2024, UHG allocated overhead costs to PCLDC in the amount of zero and approximately $353,000, respectively, and was charged by PCLDC for property maintenance, consulting, and land development management services in the amount of approximately $51,000 and approximately $884,000, respectively. In addition, in 2024, UHG and PCLDC agreed to share closing costs and legal expenses of approximately $327,000 in connection with a land banking transaction, for which PCLDC reimbursed UHG approximately $166,000.

***Office Leases***

UHG leases office space from Two Blue Stallions, LLC ("TBS"), which is owned by Mr. Nieri's children and trusts for the benefit of such children, including Pennington Nieri. During the years ended December 31, 2025 and 2024, UHG paid TBS approximately $61,000 and approximately $57,000, respectively, pursuant to such lease arrangements. UHG also leases office space from University Cottages, LLC ("UC"), which is owned by TBS and Mr. Nieri's wife. During the years ended December 31, 2025 and 2024, UHG paid UC approximately $696,000 and $688,000, respectively, pursuant to such lease arrangement.

***Sale and Lease of Model Homes***

UHG is a lessor of model homes from TBS, PMN Trust 2018, MEN Trust 2018, PWN Trust 2018, and UC. The leases provide for the payment of monthly base rent, as well as maintenance, repairs, utilities, and taxes. During the years ended December 31, 2025 and 2024, UHG paid such entities a total of approximately $157,000 and $286,000, respectively, pursuant to such lease arrangements.

***General Contractor Services***

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UHG was a party to construction contracts with TBS and UC pursuant to which UHG provided general contractor services. During the years ended December 31, 2025 and 2024, UHG received revenue of zero and approximately $900,000, respectively, pursuant to such contracts.

***Payments to OF Construction, LLC***

During the years ended December 31, 2025 and 2024, UHG paid OF Construction, LLC approximately $1,156,000 and approximately $2,260,000, respectively, for certain site contracting services. Mr. Nieri owns 55% of the membership interests of OF Construction, LLC.

**Policies and Procedures for Related Party Transactions** 

UHG's Nominating and Corporate Governance Committee is designated with the authority to review and approve related party transactions, defined as a transaction, arrangement or relationship that would require disclosure pursuant to Item 404 of Regulation S-K, or transaction between UHG and (i) any director or executive officer of UHG; (ii) any nominee for election as a director; (iii) any holder of UHG securities owning more than 5% of any class of UHG stock and (iv) any member of the immediate family of any of the foregoing. In evaluating related party transactions, UHG's Nominating and Corporate Governance Committee considers the relevant facts and circumstances available and deemed relevant to UHG's Nominating and Corporate Governance Committee, including whether the transaction is on terms no less favorable than terms generally available to an unaffiliated third party under the same or similar circumstances and the extent of the related party's interest in the transaction.

In addition to the foregoing, in accordance with the Amended and Restated Certificate of Incorporation, the Board has established the Related Party Transactions Committee to review and approve any contract or transaction between UHG and any of its subsidiaries, on the one hand, and Michael Nieri or any affiliate or associate of Mr. Nieri, on the other hand.

**Independent Directors**

The Board has determined that each of Mr. Dozier, Mr. Enoch, and Mr. Levine qualifies as an independent director, as defined under the Nasdaq Stock Market LLC Rules (the "Nasdaq Listing Rules"), and the Board consists of a majority of "independent directors," as defined under the rules of the SEC and the Nasdaq Listing Rules relating to director independence requirements. Each current member of each committee of the Board qualifies as an independent director in accordance with the Nasdaq Listing Rules and SEC rules and regulations. In addition, UHG is subject to the rules of the SEC and Nasdaq relating to the membership, qualifications, and operations of the Audit Committee.

**Item 14. Principal Accountant Fees and Services**

**Independent Registered Public Accounting Firm's Fees and Services** 

The Audit Committee of the Board has selected Forvis Mazars, LLP ("Forvis"), an independent registered public accounting firm, as our independent auditors for the year ending December 31, 2025. Forvis has served as our independent registered public accounting firm since April 26, 2023. The following table presents the aggregate fees billed by Forvis during the fiscal years ended December 31, 2025 and 2024. These fees are categorized as audit fees, audit-related fees, tax fees and all other fees. The nature of the services provided in each category is described following the table.

---

| | | |
|:---|:---|:---|
| | **Year Ended December 31,** | **Year Ended December 31,** |
| | **2025** | **2024** |
| Audit Fees<sup>(1)</sup> | $1487498 | $1821086 |
| Audit Related Fees | $— | $— |
| Tax Fees | $— | $— |
| All other fees | $— | $— |
| Total fees | $1487498 | $1821086 |

---

(1) Consists of fees billed for services rendered in connection with the audit of our year-end financial statements, review of the interim financial statements included in our quarterly reports, and consents and assistance with the review of registration statements filed with the SEC.

**Pre-Approval Policies and Procedures of the Audit Committee** 

Our Audit Committee has adopted a charter that requires in part that the Audit Committee pre-approve (or, where permitted, subsequently approve) all audit services performed for the Company by our independent auditor, as well as all permitted non-audit services in order to ensure that the provision of such services does not impair the auditor's independence. Pre-approval must be detailed as to the particular services rendered and is generally subject to a specific fee.

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The Audit Committee has delegated pre-approval authority to its chairman for requests received between scheduled meetings of the committee. The chairman presents any such pre-approvals to the full Audit Committee at its next scheduled meeting. All services described above were approved or pre-approved in accordance with the foregoing.

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**PART IV**

**Item 15. Exhibits and Financial Statement Schedules**

(a) No financial statement or supplemental data are filed with this Amendment No. 1 to Form 10-K. See Index to Financial Statements and Supplemental Data of the Original Form 10-K.

(b) Exhibits

---

| | |
|:---|:---|
| **<u>Exhibit</u>** | **<u>Description</u>** |
| 2.1\*\* | <u>[Business Combination Agreement, dated September 10, 2022, by and between DiamondHead Holdings Corp., Merger Sub and Great Southern Homes, Inc. (incorporated by reference to Exhibit 2.1 to the Company's Registration Statement on Form S-4 filed on February 9, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923017556/tm2226426-19_s4a.htm#tANA)</u> |
| 2.2\*\* | <u>[Agreement and Plan of Merger, dated as of February 22, 2026, by and among United Homes Group, Inc., Union MergeCo, Inc. and Stanley Martin Homes, LLC (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K filed on February 23, 2026)](https://www.sec.gov/Archives/edgar/data/1830188/000110465926018344/tm266691d1_ex2-1.htm)</u> |
| 3.1 | <u>[Amended and Restated Certificate of Incorporation of United Homes Group, Inc. (incorporated by reference to Exhibit 3.1 of the Company's Current Report on Form 8-K, filed on April 5, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923042257/tm2311816d1_ex3-1.htm)</u> |
| 3.2 | <u>[Amended and Restated Bylaws of United Homes Group, Inc. (incorporated by reference to Exhibit 3.2 of the Company's Current Report on Form 8-K filed on April 5, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923042257/tm2311816d1_ex3-2.htm)</u> |
| 4.1 | <u>[Warrant Agreement, dated January 25, 2021, by and between American Stock Transfer & Trust Company and DiamondHead Holdings Corp. (incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K filed on January 25, 2021)](https://www.sec.gov/Archives/edgar/data/1830188/000110465921008838/tm214490d1_ex4-1.htm)</u> |
| 4.2 | <u>[Description of securities (incorporated by reference to Exhibit 4.4 to the Company's Annual Report on Form 10-K filed on March 15, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000183018824000010/uhg-20231231xexx44xdescrip.htm)</u> |
| 10.1 | <u>[Form of Indemnity Agreement by and between DiamondHead Holdings Corp. and certain of its officers and directors (incorporated by reference to Exhibit 10.5 to the Company's Current Report on Form 8-K filed on January 28, 2021)](https://www.sec.gov/Archives/edgar/data/1830188/000110465921008838/tm214490d1_ex10-5.htm)</u> |
| 10.2 | <u>[Amended and Restated Registration Rights Agreement, dated March 30, 2023, by and between the Company and parties identified on the signature page thereto (incorporated by reference to Exhibit 10.7 to the Company's Registration Statement on Form S-1 filed on April 28, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923053110/uhg-20230418xex10d7.htm)</u> |
| 10.3 | <u>[Form of Subscription Agreement, by and between DiamondHead Holdings Corp. and the investor identified on the signature page thereto (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on March 28, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923037456/tm2310349d2_ex10-2.htm)</u> |
| 10.4 | <u>[Form of Indemnification Agreement by and between the Company and certain of its officers and directors (incorporated by reference to Exhibit 10.14 to the Company's Registration Statement on Form S-1 filed on April 28, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923053110/uhg-20230418xex10d14.htm)</u> |
| 10.5† | <u>[United Homes Group, Inc. 2023 Equity Incentive Plan (incorporated by reference to Exhibit 10.15 to the Company's Registration Statement on Form S-1 filed on April 28, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923053110/uhg-20230418xex10d15.htm)</u> |
| 10.6† | <u>[Employment Agreement, dated October 1, 2024, by and between the Company and Michael Nieri (incorporated by reference to Exhibit 10.11 to the Company's Annual Report on Form 10-K filed on March 14, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000012/uhg-20241231xex1011xexecut.htm)</u> |
| 10.7† | <u>[Employment Agreement, dated July 17, 2023, by and between the Company and John G. Micenko Jr. (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on July 17, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923081664/tm2321464d1_ex10-1.htm)</u> |
| 10.8† | <u>[Employment Agreement, dated March 30, 2023, by and between the Company and Keith Feldman (incorporated by reference to Exhibit 10.10 to the Company's Current Report on Form 8-K filed on April 5, 2023)](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001830188/000110465923042257/tm2311816d1_8k.htm)</u> |
| 10.9† | <u>[Employment Agreement, dated October 1, 2024, by and between the Company and James Pirrello (incorporated by reference to Exhibit 10.14 to the Company's Annual Report on Form 10-K filed on March 15, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000012/uhg-20241231xex1014xexecut.htm)</u> |
| 10.10† | <u>[Interim CEO Transition Letter, dated May 19, 2025, by and between United Homes Group, Inc. and James M. Pirrello (incorporated by reference to Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q filed on August 8, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000065/exhibit101-interimceotrans.htm)</u> |

---

------

<u>[**Table of Contents**](#ib5d383d570d34529a4817301b63a6267_7)</u>

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| | |
|:---|:---|
| 10.11† | <u>[CEO Promotion Letter, dated May 19, 2025, by and between United Homes Group, Inc. and John G. (Jack) Micenko, Jr. (incorporated by reference to Exhibit 10.2 to the Company's Quarterly Report on Form 10-Q filed on August 8, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000065/exhibit102-ceopromotionlet.htm)</u> |
| 10.12† | <u>[Form of Executive Officer Retention Agreement (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on November 7, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000077/exhibit101-formofexecutive.htm)</u> |
| 10.13† | <u>[Form of Time-Based Stock Option Award and Agreement (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on February 23, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000110465924027136/tm247052d1_ex10-1.htm)</u> |
| 10.14† | <u>[Form of Performance Stock Unit Award and Agreement (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on February 23, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000110465924027136/tm247052d1_ex10-2.htm)</u> |
| 10.15† | <u>[Employment Agreement Amendment and Waiver, dated February 22, 2026, by and between United Homes Group, Inc. and Michael Nieri](ex1015-employmentagreement.htm)</u> |
| 10.16\*\* | <u>[Second Amended and Restated Credit Agreement, dated as of August 10, 2023, among United Homes Group, Inc., Great Southern Homes, Inc., Wells Fargo Bank, National Association, Wells Fargo Securities, LLC, and the lenders party thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on August 11, 2023)](https://www.sec.gov/Archives/edgar/data/1830188/000110465923090289/tm2323333d2_ex10-1.htm)</u> |
| 10.17\*\* | <u>[First Amendment to the Second Amended and Restated Credit Agreement, dated as of December 22, 2023, among United Homes Group, Inc, Great Southern Homes, Inc, Wells Fargo Bank, National Association, and the lenders party thereto (incorporated by reference to Exhibit 10.21 to the Company's Annual Report on Form 10-K filed on March 15, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000183018824000010/uhg-20231231xexx1021xwfbam.htm)</u> |
| 10.18\*\* | <u>[Second Amendment to the Second Amended and Restated Credit Agreement and Omnibus Amendment to Loan Documents, dated as of January 26, 2024, among United Homes Group, Inc., Great Southern Homes, Inc., Rosewood Communities, Inc., Wells Fargo Bank, National Association, and the lenders party thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on January 29, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000110465924007743/tm244211d1_ex10-1.htm)</u> |
| 10.19\*\* | <u>[Third Amendment to the Second Amended and Restated Credit Agreement and Omnibus Amendment to Loan Documents, dated as of August 2, 2024, among United Homes Group, Inc., Great Southern Homes, Inc., Rosewood Communities, Inc., Wells Fargo Bank, National Association, and the lenders party thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on August 8, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000183018824000024/exhibit101-thirdamendmentt.htm)</u> |
| 10.20\*\* | <u>[Fourth Amendment to the Second Amended and Restated Credit Agreement and Omnibus Amendment to Loan Documents, dated as of September 29, 2025, among United Homes Group, Inc., Great Southern Homes, Inc., Rosewood Communities, Inc., Wells Fargo Bank, National Association, and the lenders party thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on October 1, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000066/exhibit101-fourthamendtose.htm)</u> |
| 10.21\*\* | <u>[Credit Agreement, dated as of December 11, 2024, by and among United Homes Group, Inc., Great Southern Homes, Inc., Kennedy Lewis Agency Partners, LLC and the lenders party thereto (incorporated by reference to Exhibit 10.23 to the Company's Annual Report on Form 10-K filed on March 14, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000012/ex-1023xcreditagreement.htm)</u> |
| 10.22\*\* | <u>[First Amendment to the Credit Agreement, dated as of September 29, 2025, among United Homes Group, Inc., Great Southern Homes, Inc., Kennedy Lewis Agency Partners, LLC, and the lenders party thereto (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on October 1, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000066/exhibit102-firstamendmentt.htm)</u> |
| 19.1 | <u>[United Homes Group, Inc. Insider Trading Policy (incorporated by reference to Exhibit 19.1 to the Company's Annual Report on Form 10-K filed on March 14, 2025)](https://www.sec.gov/Archives/edgar/data/1830188/000183018825000012/ex-191xinsidertradingpolicy.htm)</u> |
| 21.1 | <u>[Subsidiaries (incorporated by reference to Exhibit 21.1 to the Company's Annual Report on Form 10-K filed on March 15, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000183018824000010/uhg-20231231xexx211.htm)</u> |
| 23.1 | <u>[Consent of Independent Registered Public Accounting Firm (incorporated by reference to Exhibit 23.1 to the Company's Annual Report on Form 10-K filed on March 13, 2026)](https://www.sec.gov/Archives/edgar/data/1830188/000183018826000009/uhg-20251231xexx231xforvis.htm)</u> |
| 31.1\* | <u>[Certification of Principal Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002](uhg-20251231xexx3111.htm)</u> |
| 31.2\* | <u>[Certification of Principal Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002](uhg-20251231xexx3121.htm)</u> |

| 97.1† | <u>[Executive Officer Compensation Clawback Policy (incorporated by reference to Exhibit 97.1 to the Company's Annual Report on Form 10-K filed on March 15, 2024)](https://www.sec.gov/Archives/edgar/data/1830188/000183018824000010/uhg-20231231xexx971xclawba.htm)</u> |
| 101.INS | XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
| 101.SCH\* | Inline XBRL Taxonomy Extension Schema Document |
| 101.CAL\* | Inline XBRL Taxonomy Extension Calculation Linkbase Document |

---

------

<u>[**Table of Contents**](#ib5d383d570d34529a4817301b63a6267_7)</u>

---

| | |
|:---|:---|
| 101.DEF\* | Inline XBRL Taxonomy Extension Definition Linkbase Document |
| 101.LAB\* | Inline XBRL Taxonomy Extension Label Linkbase Document |
| 101.PRE\* | Inline XBRL Taxonomy Extension Presentation Linkbase Document |
| 104\* | Cover page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) |

---

______________________________

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;\* | Filed or furnished herewith. |
| &nbsp;&nbsp;&nbsp;&nbsp;\*\* | Certain of the exhibits and schedules to the Exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). The Company agrees to furnish a copy of all omitted exhibits and schedules to the SEC upon its request. |
| &nbsp;&nbsp;&nbsp;&nbsp;† | Management contract or compensatory plan or arrangement required to be filed as an exhibit to this Form 10-K. |

---

------

<u>[**Table of Contents**](#ib5d383d570d34529a4817301b63a6267_7)</u>

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 29, 2026

---

| | |
|:---|:---|
| United Homes Group, Inc. | United Homes Group, Inc. |
| By: | */*s*/ Keith Feldman* |
|  | Keith Feldman |
|  | Chief Financial Officer |
|  | *(Principal Financial and Accounting Officer)* |

---

## Exhibit 10.15

***Execution Version***

**<u>EMPLOYMENT AGREEMENT AMENDMENT AND WAIVER</u>**

This EMPLOYMENT AGREEMENT AMENDMENT AND WAIVER (the "<u>Agreement</u>"), dated as of February 22, 2026, is made and entered into by and between United Homes Group, Inc., a Delaware corporation (the "<u>Company</u>"), and Michael Nieri (the "<u>Executive</u>") and shall be effective as of the Effective Time (as defined in the Merger Agreement). Capitalized terms used but not defined in this Agreement shall have the meanings set forth in the Employment Agreement (as defined below).

<u>Background</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;&nbsp;&nbsp;&nbsp;The Company proposes to enter into that certain Agreement and Plan of Merger (the "<u>Merger</u> <u>Agreement</u>") by and between the Company, Stanley Martin Homes, LLC, a Delaware limited liability company ("<u>Parent</u>"), and Union MergeCo, Inc., a Delaware corporation ("<u>Merger Sub</u>"), pursuant to which Merger Sub, a direct and wholly owned subsidiary of Parent, shall be merged with and into the Company (the "<u>Merger</u>"), with the Company surviving the Merger as a wholly owned subsidiary of Parent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp;The Executive and the Company previously entered into that certain Employment Agreement, dated as of October 1, 2024 (the "<u>Employment Agreement</u>"), pursuant to which, among other things, the Executive is eligible to receive certain severance payments and benefits upon a termination of the Executive's employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C.&nbsp;&nbsp;&nbsp;&nbsp;As an inducement to Parent and Merger Sub to enter into the Merger Agreement and in consideration of, among other things, the proceeds that the Executive will receive under the Merger Agreement in respect of the Executive's equity interests in the Company and the amendments to Section 7 of the Employment Agreement (as set forth in <u>Section 2</u> of this Agreement), the Executive is entering into this Agreement and thereby assuming the undertakings and obligations set forth herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D.&nbsp;&nbsp;&nbsp;&nbsp;The Company and the Executive acknowledge and agree that the obligations of the Executive pursuant to this Agreement are an essential part of the economic terms of the Merger Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E.&nbsp;&nbsp;&nbsp;&nbsp;In connection with the Merger, the Company and the Executive desire to enter into this Agreement with respect to the effect of the Merger under the Employment Agreement.

<u>Agreement</u>

NOW THEREFORE, in consideration of the covenants set forth herein and other good and valuable consideration, the parties hereto agree as follows, effective as of the Effective Time:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;**<u>Severance Payment</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;Upon the Effective Time, the Executive's employment will be deemed terminated by the Company, and in connection therewith the Company will pay the following amounts:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;The Company will pay or deliver to the Executive a one-time cash payment equal to $675,000, payable in a lump sum, subject to the Executive's timely execution and non-revocation of a Release in substantially the same form as attached hereto as <u>Exhibit A</u>, as soon as practicable following the later of (A) the Effective Time, and (B) the "Release Effective Date" (as defined in the Release); and

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;If the Executive timely elects to enroll in continuation coverage under COBRA, the Company shall pay, for up to 18 months following such termination date, the portion of the COBRA premiums that is in excess of the premiums payable by the Executive for the level of coverage Executive and his covered dependents are enrolled in under the Company's group medical plan as of the date of such termination, to the extent permitted under the Company's medical plan. If the Executive and his covered dependents become eligible to receive comparable medical benefits under another employer provided plan, the Company's obligation to make COBRA payments described herein shall be terminated (and the Executive agrees to promptly notify the Company of any such changes in his eligibility for medical benefits coverage). Further, if direct payment by the Company of the COBRA payments set forth herein is not permitted under applicable law, the Executive shall pay the full costs of the premiums for such coverage and the Company shall timely reimburse the Executive the excess, if any, of the amount the Executive pays for COBRA continuation coverage above the applicable premium that the Executive would have paid for comparable coverage if he had remained an executive officer of the Company during the period such coverage is provided. To the extent the Executive is precluded from participation in the Company's medical plan due to Medicare eligibility and/or requirements to enroll in Medicare, the Executive will receive a monthly COBRA subsidy amount for the balance of the COBRA continuation period set forth in this clause (ii).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;Except as forth in <u>Section 1(a)</u> of this Agreement, the Executive hereby irrevocably waives, and the Company shall have no obligation to pay or provide, any other severance payments or benefits otherwise payable to the Executive under the Employment Agreement upon termination of employment, including without limitation the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;any Severance Benefit under Section 6.1(d) of the Employment Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;any Change in Control payment described in Section 6.1(g) of the Employment Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;any Non-Renewal Severance Benefit under Section 6.4(b)(ii) and Section 6.4(e) of the Employment Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;the 12-months of Base Salary payable upon death or Disability under Section 6.3(a)(iv) of the Employment Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;&nbsp;the Company's obligation to pay the COBRA continuation payments described in Section 6.5 of the Employment Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp;&nbsp;&nbsp;&nbsp;the accelerated vesting of equity awards as contemplated under Section 6.1(e) and 6.1(g) of the Employment Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding <u>Section 1(b)</u> of this Agreement, the Executive does not waive:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;any accelerated vesting and/or payment of equity-based awards as contemplated under Section 2.06 of the Merger Agreement; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;any entitlement to the Accrued Obligations and Other Benefits upon a termination of employment or any other benefits or amounts that cannot be waived under applicable law.

2

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;**<u>Protective Covenants and Agreements Regarding Competitive Business</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;The Executive and the Company hereby acknowledge and agree that Section 7.3 of the Employment Agreement shall be replaced in its entirety with the following:

"(a) The Executive acknowledges that the nature of the Company's business and the Executive's position with the Company is such that if the Executive were to become employed by, or become substantially involved in, the business of a competitor of the Company during the Term or during the 12 months following the termination of the Executive's employment with the Company (the "***Restricted Period***"), it would be very difficult for the Executive not to rely on or use the Company's trade secrets and Confidential Information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;Thus, to avoid the inevitable disclosure of the Company's Trade Secrets and Confidential Information, and to protect such Trade Secrets and Confidential Information, during the Restricted Period, the Executive shall not directly, or by assisting others, engage in the business of (i) designing and construction of single-family residences, (ii) mortgage lending to purchasers of single-family residences, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the sale of insurance products to purchasers or owners of single-family residences (collectively, the "***Competitive Business***") in any capacity identical with or corresponding to the capacity or capacities in which employed by the Company, anywhere within any and all counties in any state in which the Company has engaged in any single family residential building project for which the Company has invested resources, performed due diligence, planned land development and/or initiated real estate acquisitions or construction in the past 24 months or in which it is currently engaging in, or which it is actively planning to engage in, any of the foregoing activities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding the foregoing,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;the Executive may purchase and hold only for investment purposes less than 2% of the shares of any Company in competition with the Company whose shares are regularly traded on a national securities exchange or inter-dealer quotation system;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;the Executive may provide services to any business or entity that has a line of business, division, subsidiary or other affiliate that is a Competitive Business if, during the Restricted Period, the Executive is not employed directly in such line of business or division or by such subsidiary or other affiliate that is a Competitive Business and is not involved directly in the management, supervision or operations of such line of business, division, subsidiary or other affiliate that is a Competitive Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;during the Restricted Period, the Executive or his affiliates may, directly or indirectly (including via financing), engage, within any geographic area, in the ownership, design, development, construction and sale of up to 50 single-family residences (attached or detached) in the aggregate;

3

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;during the Restricted Period, the Executive or his affiliates, may directly or indirect, engage, in the ownership, design, development, construction and sale of the lots and parcels set forth on <u>Schedule 1</u> attached hereto; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;&nbsp;during the Restricted Period, the Executive or his affiliates may, directly or indirectly (including via financing), engage, within any geographic area, in the ownership, design, development, construction and sale or hold of single-family build-for-rent residences (attached or detached)."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;The Executive and the Company hereby agree to the following new protective covenant or restriction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;During the Restricted Period, the Executive shall provide the Parent a right of first refusal ("<u>ROFR</u>") with respect to the following opportunities of Executive and his Affiliates (as defined in the Merger Agreement) within any geographic markets in which the Parent and its subsidiaries (including the Company) operate:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;&nbsp;&nbsp;&nbsp;The purchase during the Restricted Period by the Executive of (x) residential lots and (y) land for residential development; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B)&nbsp;&nbsp;&nbsp;&nbsp;The sale during the Restricted Period by the Executive of (x) residential lots and (y) land for residential development.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;The following exceptions apply to the ROFR described in <u>Section 2(b)(i)</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;&nbsp;&nbsp;&nbsp;The Executive shall not be required to provide Parent a ROFR with respect to contracts to purchase (x) 25 or fewer lots, or (y) land suitable for the development of 25 or fewer lots.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B)&nbsp;&nbsp;&nbsp;&nbsp;The Executive shall not be required to provide Parent a ROFR with respect to any purchase that Executive intends in good faith for the development and ownership of single-family rental residences (attached or detached). However, if the land or lots are purchased by Executive under this exception to the ROFR and are later determined to be more viable for development as for sale housing and the Executive intends to abandon the plans for rental housing, then for a period of one additional year following the Restricted Period the Executive shall provide Parent a ROFR with respect to the sale of (x) more than 25 lots or (y) land suitable for the development of more than 25 lots.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C)&nbsp;&nbsp;&nbsp;&nbsp;The Executive shall not be required to provide Parent a ROFR with respect to the purchase or sale of the land or lots set forth on <u>Schedule 1</u> attached hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;The ROFR will be administered as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;&nbsp;&nbsp;&nbsp;With respect to the purchase of land or lots by the Executive, the Executive shall provide written notice reasonably describing the opportunity and material terms of the purchase, including a copy of the proposed letter of intent or contract. With respect to the sale or land or lots by the Executive, if the Executive receives a bona fide written offer from a third party to purchase land or lots that the Executive intends to accept, the Executive shall provide the Parent with written notice enclosing a complete copy of the Offer, including all material terms and conditions.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B)&nbsp;&nbsp;&nbsp;&nbsp;The Parent shall have 10 business days following the receipt of such written notice to elect in writing to match the terms. If the opportunity involves the purchase of land or lots by the Executive, the Executive will assign any existing contract rights. If the opportunity involves the sale of land or lots by the Executive, the parties shall negotiate in good faith definitive documentation for the Parent to purchase the land or lots from the Executive on the terms presented.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C)&nbsp;&nbsp;&nbsp;&nbsp;If the Parent declines or fails to elect to exercise its ROFR within the required time frame, the Executive may proceed with the opportunity on terms no more materially favorable to the Executive or his affiliates than those presented to the Parent. If the terms of the purchase or sale opportunity change materially from what was originally presented to the Parent, the Executive shall once again provide to the Parent a ROFR with respect to the opportunity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;For the avoidance of doubt, except as expressly modified herein, the protective covenants set forth in Section 7 of the Employment Agreement (including, without limitation, Sections 7.1, 7.2, 7.4, 7.5, 7.6, 7.7, 7.8 of the Employment Agreement) shall remain in full force and effect without modification.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;**<u>Miscellaneous</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;The parties acknowledge and agree that, if necessary to determine the reasonable geographic scope of any restraint set out in this Agreement, the Company may rely on appropriate documentation and evidence outside the provisions of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;The Employment Agreement shall be deemed amended to the extent necessary to effectuate the provisions and intent of this Agreement, and such amendments shall be incorporated in and form a part of the Employment Agreement. Except as otherwise expressly set forth herein, the Employment Agreement remains in full force and effect in accordance with its terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;This Agreement and any and all rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;This Agreement and all of the Company's rights and obligations hereunder shall not be assignable by the Company except as incident to a reorganization, merger or consolidation, or transfer of all or substantially all of the Company's assets (including, for the avoidance of doubt, the Merger).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, any successors to or assigns of the Company and the Executive's heirs and the personal representatives of the Executive's estate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding anything to the contrary herein, in the event the Merger Agreement is terminated prior to the Effective Time and/or the Merger does not occur, this Agreement shall be immediately void and of no further force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;If any provision of this Agreement is determined to be invalid or unenforceable, it shall be adjusted rather than voided, to achieve the intent of the parties to the extent possible, and the remainder of the Agreement shall be enforced to the maximum extent possible.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;This Agreement may be executed in any number of counterparts, each of which shall be deemed an original as against any party whose signature appears thereon, and all of which together shall

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constitute one and the same instrument. This Agreement shall become binding when one or more counterparts hereof, individually or taken together, shall bear the signatures of all of the parties reflected hereon as the signatories. Until and unless each party has received a counterpart hereof signed by each other party hereto, this Agreement shall have no effect and no party shall have any right or obligation hereunder (whether by virtue of any other oral or written agreement or other communication). Signatures to this Agreement transmitted by electronic mail in PDF form, or by any other electronic means designed to preserve the original graphic and pictorial appearance of a document, will be deemed to have the same effect as physical delivery of the paper document bearing the original signatures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;The terms of Sections 10.2, 10.3, 10.4, 10.7, 10.8, and 10.9 of the Employment Agreement shall apply to this letter *mutatis mutandis*.

*(Signature page follows)*

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IN WITNESS WHEREOF, this Agreement has been executed and delivered by the parties hereto.

**UNITED HOMES GROUP, INC.**

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| | |
|:---|:---|
| By: | /s/ Jack Micenko |
| Name: Jack Micenko | Name: Jack Micenko |
| Title: Chief Executive Officer | Title: Chief Executive Officer |

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[*Signature Page to Employment Agreement Amendment & Waiver*]

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**EXECUTIVE**

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| |
|:---|
| /s/ Michael P. Nieri |
| Michael P. Nieri |

---

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**<u>Exhibit A</u>**

**Form Release**

[*To be attached*]

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**EXHIBIT A**

**<u>WAIVER AND RELEASE OF CLAIMS</u>**

In connection with the termination of employment of Michael Nieri (the "<u>Executive</u>") pursuant to the employment agreement, dated as of October 1, 2024, between Michael Nieri and United Homes Group, Inc., a Delaware corporation (the "<u>Company</u>") as amended by that certain employment agreement amendment and waiver, dated as of February 22, 2026, between the Executive and the Company (the "<u>Amendment Agreement</u>" and, together with the employment agreement, referred to herein as the "<u>Employment Agreement</u>"), the Executive agrees as follows.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;<u>Release of Claims</u>

For the purposes of this Section 1, the term "Executive" includes the Executive and each of his affiliates set forth on <u>Schedule I</u>.

In partial consideration of the payments and benefits described in Section 1(a) of the Amendment Agreement, to which the Executive agrees that the Executive is not entitled until and unless the Executive executes this waiver and release of Claims (the "<u>Release</u>") and it becomes effective in accordance with the terms hereof, the Executive, for and on behalf of the Executive and the Executive's heirs, beneficiaries, devisees, executors, administrators, attorneys, personal representatives, successors and assigns, hereby waives and releases any common law, statutory, equitable or other complaints, claims, proceedings, charges, actions, causes of action, obligations, demands, damages, costs, expenses, loss, liabilities, compensation or other relief of any kind whatsoever, both known and unknown, in law or in equity, fixed or contingent, matured or unmatured, suspected or unsuspected, asserted or unasserted, apparent or concealed, liquidated or unliquidated, absolute or contingent, direct or derivative, which the Executive ever had, now has or may have (each, a "<u>Claim</u>") against the Company or Parent (as defined in the Amendment Agreement) and each of their former, present or future equityholders, parents, subsidiaries, affiliates, predecessors, successors, assigns, directors, officers, partners, members, managers, employees, trustees (in their official and individual capacities), employee benefit plans and their administrators and fiduciaries (in their official and individual capacities), representatives or agents and each of their affiliates, successors and assigns (collectively, the "<u>Releasees</u>"), by reason of facts or omissions which have occurred on or prior to the date that the Executive signs this Release, including, without limitation, any Claim arising out of, related to, or in connection with, the Executive's relationship with the Company or any of its subsidiaries, the Executive's employment or termination of employment, or any term or condition of that employment, the Executive's ownership or interest in the Company or any of its subsidiaries, or in any of their respective assets or properties, the organization, management, operations or dealings of, or with, the Company or any of its subsidiaries at any time at or prior to the Executive's termination of employment, or arising under federal, state, local or foreign laws pertaining to employment, including, without limitation, the Age Discrimination in Employment Act of 1967 ("<u>ADEA</u>," a law which prohibits discrimination on the basis of age), the Older Workers Benefit Protection Act, the National Labor Relations Act, the Civil Rights Act of 1991, the Americans With Disabilities Act of 1990, Title VII of the Civil Rights Act of 1964, the Employee Retirement Income Security Act of 1974, the Family and Medical Leave Act, the Worker Adjustment Retraining and Notification Act and similar state laws, the Equal Pay Act, the Fair Labor Standards Act, the Securities Act of 1933, the Securities Exchange Act of 1934, the Sarbanes-Oxley Act of 2002, all as amended, and any other federal, state and local laws relating to discrimination on the basis of age, sex or other

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**EXHIBIT A**

protected class, all Claims under federal, state or local laws for express or implied breach of contract, wrongful discharge, defamation, intentional infliction of emotional distress, and any related Claims for attorneys' fees and costs. The Executive further agrees that this Release may be pleaded as a full defense to any action, suit, arbitration or other proceeding covered by the terms hereof which is or may be initiated, prosecuted or maintained by the Executive, the Executive's descendants, dependents, heirs, executors, administrators or permitted assigns. By signing this Release, the Executive acknowledges that the Executive intends to waive and release any rights known or unknown that the Executive may have against the Releasees under these and any other laws; <u>provided</u> that the Executive does not waive or release the Unreleased Claims (as defined below). For purposes of this Release, the "<u>Unreleased Claims</u>" shall be defined as any right to enforce the Amendment Agreement (including in respect of severance benefits described thereunder), any rights under the Employment Agreement to the Accrued Obligations and Other Benefits (each as defined in the Employment Agreement), any Claims or rights as an equity holder to treatment of equity-based awards as contemplated under Section 2.06 of the Merger Agreement (as defined in the Amendment Agreement), any Claims for defense or indemnification under any insurance policies or Company governance documents or policies, and any other rights that cannot be released as a matter of law. The Executive hereby waives any and all Claims to reemployment with the Company or any of its affiliates and affirmatively agrees not to seek further employment with the Company or any of its affiliates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;<u>Proceedings</u>

The Executive acknowledges that the Executive nor anyone on the Executive's behalf has filed any complaint, charge, Claim or proceeding against any of the Releasees before any local, state, federal or foreign agency, court, arbitrator, mediator, arbitration or mediation panel or other body (each individually, a "<u>Proceeding</u>"), except as permitted by the provisions of and rules promulgated under Section 21F of the Securities Exchange Act of 1934 or Section 806 of the Sarbanes-Oxley Act of 2002, or of any other whistleblower protection provisions of federal or state law or regulation. The Executive represents that the Executive is not aware of any basis on which such a Proceeding could reasonably be instituted. The Executive (i) acknowledges that the Executive shall not initiate or cause to be initiated on the Executive's behalf any Proceeding (except with respect to an Unreleased Claim) and shall not participate in any Proceeding (except with respect to an Unreleased Claim), in each case, except as required by law, (ii) represents and warrants that neither the Executive nor anyone on the Executive's behalf has filed or joined in any such Proceeding against the Releasees or has pledged, assigned, sold or otherwise transferred, in whole or in part, any such Claims and (iii) waives any right the Executive may have to benefit in any manner from any relief (whether monetary or otherwise) arising out of any Proceeding, including the right to recover money if any federal, state or local government agency, including the Equal Employment Opportunity Commission ("<u>EEOC</u>"), pursues a Claim on the Executive's behalf or on behalf of a class to which the Executive may belong that arises out of or relates to the Executive's employment or termination of employment. Further, the Executive understands that, by executing this Release, the Executive will be limiting the availability of certain remedies that the Executive may have against the Company and limiting also the ability of the Executive to pursue certain Claims against the Releasees. Notwithstanding the above, nothing in Section 1 of this Release shall prevent the Executive from (a) initiating or causing to be initiated on the Executive's behalf any complaint, charge, Claim or proceeding

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**EXHIBIT A**

against the Company before any local, state or federal agency, court or other body challenging the validity of the waiver of the Executive's Claims under ADEA contained in Section 1 of this Release (but no other portion of such waiver); or (b) initiating or participating in an investigation or proceeding conducted by the EEOC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;<u>Time to Consider</u>

The Executive acknowledges that the Executive has been advised that the Executive has twenty-one (21) days from the date of receipt of this Release to consider all the provisions of this Release and to the extent the Executive signs this Release prior to the expiration of such period the Executive does hereby knowingly and voluntarily waive the remaining portion of such twenty-one (21) day period. THE EXECUTIVE FURTHER ACKNOWLEDGES THAT THE EXECUTIVE HAS READ THIS RELEASE CAREFULLY, HAS BEEN ADVISED BY THE COMPANY TO, AND HAS IN FACT, CONSULTED AN ATTORNEY AND FULLY UNDERSTANDS THAT BY SIGNING BELOW THE EXECUTIVE IS GIVING UP CERTAIN RIGHTS WHICH THE EXECUTIVE MAY HAVE TO SUE OR ASSERT A CLAIM AGAINST ANY OF THE RELEASEES, AS DESCRIBED IN SECTION 1 OF THIS RELEASE AND THE OTHER PROVISIONS HEREOF. THE EXECUTIVE ACKNOWLEDGES THAT THE EXECUTIVE HAS NOT BEEN FORCED OR PRESSURED IN ANY MANNER WHATSOEVER TO SIGN THIS RELEASE, AND THE EXECUTIVE AGREES TO ALL OF ITS TERMS VOLUNTARILY.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;<u>Revocation</u>

The Executive hereby acknowledges and understands that the Executive shall have seven (7) days from the date of execution of this Release to revoke this Release (including, without limitation, any and all Claims arising under ADEA) and that neither the Company nor any other person is obligated to provide any payments or benefits to the Executive pursuant to the Amendment Agreement until eight (8) days have passed since the Executive's signing of this Release without the Executive having revoked this Release (such eighth (8<sup>th</sup>) day, on which the Release becomes irrevocable and effective, the "<u>Release Effective Date</u>"). If the Executive revokes this Release, the Executive shall be deemed not to have accepted the terms of this Release, and no action shall be required of the Company under any section of this Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;<u>Remedies</u>

The Executive understands and agrees that if the Executive breaches any provisions of this Release or fails to timely execute and deliver this Release, or timely revokes the Executive's acceptance of its terms, in addition to any other legal or equitable remedy the Company may have, the Company shall be entitled to cease making any payments or providing any benefits to the Executive under Section 1(a) of the Amendment Agreement, and the Executive shall reimburse the Releasees for all attorneys' fees and costs incurred by them arising out of any such breach, including in defending against any suit brought by the Executive against the Releasees. The remedies set forth in this paragraph shall not apply to any challenge to the validity of the waiver and release of the Executive's rights under ADEA. In the event that the Executive challenges the validity of the waiver and release of the Executive's rights under ADEA, then the Company's right to attorneys' fees and costs shall be governed by the provisions of ADEA, so that the Company may recover such fees and costs if the lawsuit is brought by the Executive in

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**EXHIBIT A**

bad faith. Any such action permitted by this Section, however, shall not affect or impair any of the Executive's obligations under this Release, including without limitation, the release of Claims in Section 1 hereof. The Executive agrees further that nothing herein shall preclude the Company from recovering attorneys' fees, costs or any other remedies specifically authorized under applicable law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.&nbsp;&nbsp;&nbsp;&nbsp;<u>Reaffirmation of Existing Agreements</u>**

The Executive acknowledges and reaffirms that the Executive's existing obligations under the Executive's Employment Agreement (as amended by the Amendment Agreement) or any other agreement to which the Executive and the Company are parties (the "<u>Existing Agreements</u>") survive the end of the Executive's employment and continue according to their respective terms, and that the Executive has fully complied with such obligations. The Executive agrees that, notwithstanding the extent to which such defense may be available at law, any breach of the Existing Agreements (in each case, whether material or not) by the Company shall not be a defense to enforcement by the Company of this Release or any non-competition, non-solicitation of customers or employees, non-disclosure of information, ownership of intellectual property rights or any other restrictive covenant contained in the Existing Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;<u>No Admission; Confidentiality</u>

This Release does not constitute an admission of liability or wrongdoing of any kind by the Executive or the Company. Except as expressly set forth otherwise in this Release, the Executive agrees that the Executive shall not disclose the terms of this Release, except to the Executive's immediate family and the Executive's financial and legal counsel and advisors or as may be required by law or ordered by a court. The Executive further agrees that any disclosure to the Executive's financial and legal counsel and advisors shall only be made after such counsel and advisors acknowledge and agree to maintain the confidentiality of this Agreement and its terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;<u>Whistleblower Protection.</u>

Notwithstanding anything herein to the contrary, nothing in this Release shall (a) prohibit the Executive or any other person from making reports of possible violations of federal or state law or regulation to any governmental agency or entity in accordance with the provisions and rules promulgated under Section 21F of the Securities Exchange Act of 1934 or Section 806 of the Sarbanes-Oxley Act of 2002, or any other whistleblower protection provisions of federal or state law or regulation or (b) require notification or prior approval by the Company of any reporting described in the preceding clause (a).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;<u>Representations.</u>

Executive represents and warrants that he is not aware of any default or other failure or deficiency by the Company or any of its affiliates with respect to any to Executive or any of the entities identified in <u>Schedule II</u> (the "<u>Representation Entities</u>") and that he is not aware of any existing or potential claims by Executive or any of the Representation Entities against the Company or any of its affiliates.

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**EXHIBIT A**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;<u>General Provisions</u>

The provisions of this Release shall be binding upon the Executive's heirs, executors, administrators, legal representatives and assigns. A failure of any of the Releasees to insist on strict compliance with any provision of this Release shall not be deemed a waiver of such provision or any other provision hereof. If any provision of this Release is determined to be so broad as to be unenforceable, such provision shall be interpreted to be only so broad as is enforceable, and in the event that any provision is determined to be entirely unenforceable, such provision shall be deemed severable, such that all other provisions of this Release shall remain valid and binding upon the Executive and the Releasees. For the avoidance of doubt, each of the Releasees shall be a third-party beneficiary to this Release and shall be entitled to enforce this Release in accordance with its terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;<u>Governing Law</u>

The validity, interpretations, construction and performance of this Release shall be governed by the laws of the State of South Carolina without giving effect to conflict of laws principles. By execution of this Release, the Executive waives any right to trial by jury in connection with any suit, action or proceeding under or in connection with this Release.

**[Remainder of Page Intentionally Left Blank]**

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IN WITNESS WHEREOF, the Executive has executed and delivered this Release as of the date written below.

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| | |
|:---|:---|
| DATE | Michael Nieri |
| | **Not to be executed until termination of employment** |

---

*[Signature Page to M. Nieri Release]*

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**EXHIBIT A**

**SCHEDULE I**

***Affiliates***

Any general or limited partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated organization, joint venture, firm, association or other entity or organization (whether or not a legal entity) affiliated with Michael Nieri including, without limitation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;Gazillion Air, LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;PC Land Development, Co. LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;Land to Lots, LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;OF Construction, LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;Royal Tower Capital Fund, LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;GS Jacobs Creek, LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;East Shore South, LLC.

------

**EXHIBIT A**

**SCHEDULE II**

***Representation Entities***

Any general or limited partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated organization, joint venture, firm, association or other entity or organization (whether or not a legal entity) affiliated with Michael Nieri including, without limitation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;The Affiliates listed on Schedule I.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;Two Blue Stallions, LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;University Cottages, LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;White Rock Capital, LLC.

------

**<u>Schedule I</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;Westview (39 lots)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;Creekside (126 lots)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;Halton Oaks Town (114 lots)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;Blythewood Farms Townhomes (105 attached units)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;Village Hills in Pendelton (500 lots)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;Newry (2500 lots)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;Central (113 lots for duplexes and townhomes)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;Student Housing parcels in Clemson, SC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;50 Lots in Banner Elk / Beach Mountain, NC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;Happy Ridge (50 lots)

## Exhibit 31.1

**EXHIBIT 31.1**

**CERTIFICATION PURSUANT TO RULES 13a-14(a) AND 15d-14(a)**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO**

**SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002**

I, John G. (Jack) Micenko, Jr., certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.I have reviewed this Amendment No. 1 to the Annual Report on Form 10-K/A of United Homes Group, Inc.;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: April 29, 2026 | By: | /s/ John G. (Jack) Micenko, Jr. |
|  |  | John G. (Jack) Micenko, Jr. |
|  |  | *Chief Executive Officer and President* |
|  |  | (Principal Executive Officer) |

---

## Exhibit 31.2

**EXHIBIT 31.2**

**CERTIFICATION PURSUANT TO RULES 13a-14(a) AND 15d-14(a)**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO**

**SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002**

I, Keith Feldman, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.I have reviewed this Amendment No. 1 to the Annual Report on Form 10-K/A of United Homes Group, Inc.;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: April 29, 2026 | By: | /s/ Keith Feldman |
|  |  | Keith Feldman |
|  |  | *Chief Financial Officer* |
|  |  | (Principal Financial and Accounting Officer) |

---

## Exhibit 32.1

**Exhibit 32.1**

**CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADDED BY SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

In connection with this Amendment No. 1 to the Annual Report on Form 10-K/A of United Homes Group, Inc. for the year ended December 31, 2025, as filed with the Securities and Exchange Commission (the "Report"), I, John G. (Jack) Micenko, Jr., Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as added by §906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the period covered by the Report.

---

| | | |
|:---|:---|:---|
| Date: April 29, 2026 | By: | /s/ John G. (Jack) Micenko, Jr. |
|  |  | John G. (Jack) Micenko, Jr. |
|  |  | *Chief Executive Officer and President* |
|  |  | (Principal Executive Officer) |

---

## Exhibit 32.2

**Exhibit 32.2**

**CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADDED BY SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

In connection with this Amendment No. 1 to the Annual Report on Form 10-K/A of United Homes Group, Inc. for the year ended December 31, 2025, as filed with the Securities and Exchange Commission (the "Report"), I, Keith Feldman, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as added by §906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the period covered by the Report.

---

| | | |
|:---|:---|:---|
| Date: April 29, 2026 | By: | /s/ Keith Feldman |
|  |  | Keith Feldman |
|  |  | *Chief Financial Officer* |
|  |  | (Principal Financial and Accounting Officer) |

---

<br>