Form 4: United Homes Group Director Maigan Nieri Lincks Reports Acquisition of Class A Common Stock
SEC Form 4 Filing
Maigan Nieri Lincks, a director of United Homes Group, Inc., reported the acquisition of Class A Common Stock through private transactions by entities in which she has indirect beneficial ownership.
Summary
- On June 7, 2024, White Rock Investments, LLC, 25% owned by MNL Trust 2021, acquired 144,830 shares of Class A Common Stock at $5 per share in a private transaction.
- On June 10, 2024, Two Blue Stallions, LLC, 33% owned by MNL Trust 2021 and 0.33% owned by Maigan Nieri Lincks, acquired 133,320 shares of Class A Common Stock at $5 per share in a private transaction.
- Maigan Nieri Lincks disclaims beneficial ownership of the shares held by White Rock Investments, LLC and Two Blue Stallions, LLC, except to the extent of her pecuniary interest.
- Lincks also indirectly owns 83,332 shares through MEN Trust 2018 dated 7/17/2018.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock acquisitions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are required by the SEC.
- The reporting requirements are similar across all publicly traded companies in the United States.
Stakeholder Impact
- Shareholders are informed about the trading activity of a company director.
- The filing provides transparency into insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 2018-07-17 | Date of MEN Trust 2018 |
| 2021-03-19 | Date of MNL Trust 2021 |
| 2024-06-07 | White Rock Investments, LLC acquired Class A Common Stock |
| 2024-06-10 | Two Blue Stallions, LLC acquired Class A Common Stock |
| 2024-06-11 | Date of report filing |
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