Form 4: United Homes Group Director Nieri Acquires Shares Through LLCs and Trusts

Patrick Michael Nieri, a director at United Homes Group, indirectly acquired Class A Common Stock through White Rock Investments, LLC and Two Blue Stallions, LLC, as well as holdings through PMN Trust 2018.

Summary

• Patrick Michael Nieri, a director of United Homes Group, reported changes in beneficial ownership of Class A Common Stock.
• On June 7, 2024, White Rock Investments, LLC, 25% owned by PMN Trust 2021, acquired 144,829 shares at $5 per share.
• Nieri disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• On June 10, 2024, Two Blue Stallions, LLC, 33% owned by PMN Trust 2021 and 0.33% owned by Nieri, acquired 133,320 shares at $5 per share.
• Nieri also disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• Nieri also has 83,332 shares held directly by PMN Trust 2018 dated 7/17/2018.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment, but rather provides information about ownership changes.

Management Comments

• The reporting person disclaims beneficial ownership of the Class A shares held by White Rock Investments, LLC and indirectly by the PMN Trust 2021 except to the extent of his pecuniary interest therein.
• The reporting person disclaims beneficial ownership of the Class A shares held by Two Blue Stallions, LLC and indirectly by the PMN Trust 2021 except to the extent of his pecuniary interest therein.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates