United Homes Group Announces Annual Meeting and Director Re-election

TL;DR

<b>United Homes Group will hold its annual meeting on May 15, 2024, to re-elect directors and ratify auditor appointment.</b>

AI Summary

United Homes Group, Inc. (UHGWW) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. Annual meeting scheduled for May 15, 2024, at 9:00 a.m. ET. Stockholders will vote on re-electing two Class I directors. Proposal to ratify FORVIS, LLP as independent auditor for FY2024. Record date for voting eligibility is March 18, 2024. 11,397,589 shares of Class A and 36,973,876 shares of Class B common stock outstanding as of record date.

Why It Matters

For investors and stakeholders tracking United Homes Group, Inc., this filing contains several important signals. The re-election of directors is a standard governance procedure, but any changes could signal shifts in strategic direction. Ratifying the auditor is crucial for financial transparency and investor confidence.

Risk Assessment

Risk Level: — United Homes Group, Inc. shows moderate risk based on this filing. The filing is a routine proxy statement with no immediate financial or operational disclosures, indicating low immediate risk.

Analyst Insight

Stockholders should review the proxy materials carefully before voting on director elections and auditor ratification.

Key Numbers

• May 15, 2024 — Annual Meeting Date (Date of the annual meeting of stockholders.)
• March 18, 2024 — Record Date (Date for determining stockholders entitled to vote.)
• 11,397,589 — Class A Shares Outstanding (As of the record date.)
• 36,973,876 — Class B Shares Outstanding (As of the record date.)

Key Players & Entities

• United Homes Group, Inc. (company) — Registrant
• FORVIS, LLP (company) — independent registered public accounting firm
• May 15, 2024 (date) — Annual Meeting date
• March 18, 2024 (date) — Record date
• Class I directors (other) — Directors to be re-elected
• Class A common stock (other) — Shares outstanding
• Class B common stock (other) — Shares outstanding
• DEF 14A (other) — Filing type

FAQ

Industry Context

United Homes Group, Inc. operates in the operative builders sector, focusing on real estate and construction.

Regulatory Implications

The filing is a DEF 14A, a proxy statement filed under the Securities Exchange Act of 1934, requiring specific disclosures for shareholder meetings.

What Investors Should Do

1. Review proxy materials for Proposals 1 and 2.
2. Vote on the re-election of Class I directors.
3. Vote on the ratification of FORVIS, LLP as the independent auditor.

Key Dates

• 2024-05-15: Annual Meeting of Stockholders — Vote on director re-election and auditor ratification.
• 2024-03-18: Record Date — Determines eligibility to vote at the annual meeting.

Year-Over-Year Comparison

This is a DEF 14A filing, a proxy statement, which typically follows the company's operational and financial reporting.

Key Financial Figures

• $0.0001 — mpany's Class A common stock, par value $0.0001 per share ("Class A common stock") and

Filing Documents

• tm2410284-1_def14a.htm (DEF 14A) — 703KB
• lg_unitedhomes-4c.jpg (GRAPHIC) — 28KB
• px_24unitedproxy01pg01-bw.jpg (GRAPHIC) — 223KB
• px_24unitedproxy01pg02-bw.jpg (GRAPHIC) — 212KB
• sg_michaelnieri-bw.jpg (GRAPHIC) — 14KB
• 0001104659-24-043737.txt (&nbsp;) — 1300KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 25 Overview 25 Explanation of Certain Calculations in the Table of Certain Beneficial Owners 25 CERTAIN RELATIONSHIPS AND RELATED PERSONS TRANSACTIONS 27 Transactions by DHHC Prior to the Business Combination 27 Transactions by GSH Prior to the Business Combination 28 Transactions Related to the Business Combination 29 i TABLE OF CONTENTS Page Other Related Person Transactions 30 Indemnification of Our Directors and Officers 31 Policies and Procedures for Related Party Transactions 31 EXECUTIVE OFFICERS 33

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 36 Compensation Objectives and Overview 36 Compensation Committee 36 2023 Summary Compensation Table 36 Outstanding Equity Awards as of December 31, 2023 37 2024 Executive Compensation Framework 37 Executive Employment Agreements and Other Arrangements 38 Securities Authorized for Issuance Under Equity Compensation Plans 39 UHG Equity Incentive Plan 39 Compensation Committee Interlocks and Insider Participation 40 OTHER MATTERS 41 CONTACT FOR QUESTIONS AND ASSISTANCE WITH VOTING 42 ii TABLE OF CONTENTS UNITED HOMES GROUP, INC. 917 Chapin Road Chapin, South Carolina 29036 (844) 766-4663 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS INTRODUCTION 2024 Annual Meeting of Stockholders This proxy statement and associated proxy card are furnished in connection with the solicitation of proxies to be voted at the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of United Homes Group, Inc. ("we," "us," the "Company" or "UHG"), which will be held on Wednesday, May 15, 2024, at 9:00 a.m. Eastern Time at the Company's offices located at 917 Chapin Road, Chapin, SC 29036. This proxy statement and our Annual Report on Form 10-K for the year ended December 31, 2023 (the "Annual Report") are available to stockholders at www.proxyvote.com . The proxy statement for the Annual Meeting (the "proxy statement") contains important information about the Annual Meeting and each of the proposals. Whether or not you plan to attend the Annual Meeting, the Company urges you to read this material carefully and vote your shares. This proxy statement for the Annual Meeting is dated April 4, 2024 and is being distributed or made available to stockholders on or about that date. Proposals to be Voted on at the Annual Meeting The following matters are scheduled to be voted on at the Annual Meeting: Proposal 1: To re-elect two Class I directors nominated by our Board and named in t

View Full Filing

View this DEF 14A filing on SEC EDGAR