# EDGAR Filing Document

**Accession Number:** 0001021223
**File Stem:** 0001398344-25-020465
**Filing Date:** 2025-11
**Character Count:** 15668
**Document Hash:** e6dee9ec993cbc0a629368405d77565d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-020465.hdr.sgml**: 20251106

**ACCESSION NUMBER**: 0001398344-25-020465

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251106

**DATE AS OF CHANGE**: 20251106

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Smith Douglas Homes Corp.
- **CENTRAL INDEX KEY:** 0001982518
- **STANDARD INDUSTRIAL CLASSIFICATION:** OPERATIVE BUILDERS [1531]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94335
- **FILM NUMBER:** 251458177

**BUSINESS ADDRESS:**
- **STREET 1:** 110 VILLAGE TRAIL, SUITE 215
- **CITY:** WOODSTOCK
- **STATE:** GA
- **ZIP:** 30188
- **BUSINESS PHONE:** (770) 213-8067

**MAIL ADDRESS:**
- **STREET 1:** 110 VILLAGE TRAIL, SUITE 215
- **CITY:** WOODSTOCK
- **STATE:** GA
- **ZIP:** 30188
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001021223

**ORGANIZATION NAME:**
- **EIN:** 954575414
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 AVENUE OF THE STARS, SUITE 1110
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90067
- **BUSINESS PHONE:** 3105562721

**MAIL ADDRESS:**
- **STREET 1:** 2000 AVENUE OF THE STARS, SUITE 1110
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90067

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KAYNE ANDERSON INVESTMENT MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 19990326

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KAIM TRADITIONAL L L C
- **DATE OF NAME CHANGE:** 19980223

## Exhibit 99.1

AGREEMENT

JOINT FILING OF SCHEDULE 13G

Kayne Anderson Rudnick Investment Management, LLC (an investment adviser registered under the Investment Advisers Act of 1940), and Virtus Investment Advisers, LLC (an investment adviser registered under the Investment Advisers Act of 1940) and Virtus Equity Trust (on behalf of Virtus KAR Small-Cap Growth Fund), a Delaware statutory trust, hereby agree to file jointly the statement on Schedule 13G to which this Agreement is attached, and any amendments thereto which may be deemed necessary, pursuant to Regulation 13D-G under the Securities Exchange Act of 1934.

It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, but such party is not responsible for the completeness or accuracy of information concerning the other party unless such party knows or has reason to believe that such information is inaccurate.

It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to the statement on Schedule 13G, and any amendments thereto, filed on behalf of each of the parties hereto.

Dated: November 6, 2025

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, LLC

---

| | |
|:---|:---|
| <br> By: | /s/ Michael Shoemaker |
|  | Michael Shoemaker |
|  | Chief Compliance Officer |

---

VIRTUS INVESTMENT ADVISERS, LLC

---

| | |
|:---|:---|
| By: | /s/ Chetram Persaud |
|  | Chetram Persaud |
|  | Chief Compliance Officer |
| VIRTUS EQUITY TRUST, on behalf of | VIRTUS EQUITY TRUST, on behalf of |
| VIRTUS KAR SMALL-CAP GROWTH FUND | VIRTUS KAR SMALL-CAP GROWTH FUND |
| By: | /s/ Daphne Chisolm |
|  | Daphne Chisolm |
|  | Vice President, Counsel and Assistant Secretary |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 5)**

**Issuer:** Smith Douglas Homes Corp

**Title of Class of Securities:** Smith Douglas Homes Ord Shs Class A

**CUSIP Number:** 83207R107

**Date of Event Which Requires Filing of this Statement:** 10/31/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [x] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Kayne Anderson Rudnick Investment Management, LLC | Names of Reporting Persons<br>Kayne Anderson Rudnick Investment Management, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>CA | Citizenship or Place of Organization<br>CA |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>396047.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>930552.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>419490.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>930552.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1350042.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1350042.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>15.0% | Percent of Class Represented by Amount in Row (9)<br>15.0% |
| 12. | Type of Reporting Person (See Instructions)<br>IA | Type of Reporting Person (See Instructions)<br>IA |

---

| 1. | Names of Reporting Persons<br>Virtus Investment Advisers, LLC | Names of Reporting Persons<br>Virtus Investment Advisers, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>MA | Citizenship or Place of Organization<br>MA |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>929923.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>929923.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>929923.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>929923.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.3% | Percent of Class Represented by Amount in Row (9)<br>10.3% |
| 12. | Type of Reporting Person (See Instructions)<br>IA | Type of Reporting Person (See Instructions)<br>IA |

**Comment for Type of Reporting Person:** The amounts reported on this page are also included in the amounts reported by Kayne Anderson Rudnick Investment Management, LLC on this Schedule 13G.

---

| 1. | Names of Reporting Persons<br>Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund | Names of Reporting Persons<br>Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>897876.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>897876.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>897876.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>897876.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>IV | Type of Reporting Person (See Instructions)<br>IV |

**Comment for Type of Reporting Person:** The amounts reported on this page are also included in the amounts reported by Virtus Investment Advisers, LLC on this Schedule 13G.

---

**Item 1(a). Name of Issuer:**
Smith Douglas Homes Corp

**Item 1(b). Address of Issuer's Principal Executive Offices:**
110 VILLAGE TRAIL, SUITE 215, WOODSTOCK, GA, 30188

**Item 2(a). Name of Person Filing:**
(1) Kayne Anderson Rudnick Investment Management, LLC (2) Virtus Investment Advisers, LLC (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund

**Item 2(b). Address of Principal Business Office:**
(1) Kayne Anderson Rudnick Investment Management, LLC - 2000 Avenue of the Stars, Suite 1110, Los Angeles, 90067, CA, United States (2) Virtus Investment Advisers, LLC - One Financial Plaza, Hartford, 06103, CT, United States (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund - 101 Munson Street, Greenfield, 01301, MA, United States

**Item 2(c). Citizenship:**
(1) Kayne Anderson Rudnick Investment Management, LLC - CALIFORNIA (2) Virtus Investment Advisers, LLC - MASSACHUSETTS (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund- DELAWARE

**Item 2(d). Title of Class of Securities:**
Smith Douglas Homes Ord Shs Class A

**Item 2(e). CUSIP Number:**
83207R107

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [x] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

(1) Kayne Anderson Rudnick Investment Management, LLC:  1350042 (2) Virtus Investment Advisers, LLC: 929923 (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund: 897876

**(b) Percent of class:**

(1) Kayne Anderson Rudnick Investment Management, LLC: 15.0% (2) Virtus Investment Advisers, LLC: 10.3% (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund: 10.0%

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

(1) Kayne Anderson Rudnick Investment Management, LLC:  396047 (2) Virtus Investment Advisers, LLC: 0 (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund: 0

**(ii) Shared power to vote or to direct the vote:**

(1) Kayne Anderson Rudnick Investment Management, LLC:  930552 (2) Virtus Investment Advisers, LLC: 929923 (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund: 897876

**(iii) Sole power to dispose or to direct the disposition of:**

(1) Kayne Anderson Rudnick Investment Management, LLC:  419490 (2) Virtus Investment Advisers, LLC: 0 (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund: 0

**(iv) Shared power to dispose or to direct the disposition of:**

(1) Kayne Anderson Rudnick Investment Management, LLC:  930552 (2) Virtus Investment Advisers, LLC: 929923 (3) Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund: 897876

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

With respect to securities owned by a registered investment company included in this filing, only the custodian for such investment company, has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. No other person is known to have such right, except that the shareholders of such investment company participate proportionately in any dividends and distributions so paid.

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Kayne Anderson Rudnick Investment Management, LLC**

**Date:** 11/06/2025

**By:** /s/Michael Shoemaker

**Name & Title:** Chief Compliance Officer

**Virtus Investment Advisers, LLC**

**Date:** 11/06/2025

**By:** /s/Chetram Persaud

**Name & Title:** Chief Compliance Officer

**Virtus Equity Trust on behalf of Virtus KAR Small-Cap Growth Fund**

**Date:** 11/06/2025

**By:** /s/Daphne Chisolm

**Name & Title:** Vice President, Counsel and Assistant Secretary