Michael P. Nieri - Sep 18, 2023 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: Michael P. Nieri, By Erin Reeves McGinnis through Power of Attorney
Stock symbol: UHG
Transactions as of: Sep 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/20/2023, 07:39 PM
Previous filing: May 30, 2023
Next filing: Feb 21, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UHG	Class B Common Stock	Gift	$0	-527K	-2.76%	$0.00	18.5M	Sep 18, 2023	Class A Common Stock	527K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 18, 2023, the reporting person transferred 526,516 shares of Class B Common Stock of the Issuer to a family trust for no consideration. The trustee of the trust is a member of the reporting person's immediate family, and members of the reporting person's immediate family are the sole beneficiaries of the trust. The trust is irrevocable; however, the reporting person retains the power of substitution with respect to the trust's assets.
F2	Each share of Class B Common Stock of the Issuer is convertible into one share of Class A Common Stock of the Issuer at any time, at the holder's election, and has no expiration date.

Content

On September 18, 2023, the reporting person transferred 526,516 shares of Class B Common Stock of the Issuer to a family trust for no consideration. The trustee of the trust is a member of the reporting person's immediate family, and members of the reporting person's immediate family are the sole beneficiaries of the trust. The trust is irrevocable; however, the reporting person retains the power of substitution with respect to the trust's assets.

Each share of Class B Common Stock of the Issuer is convertible into one share of Class A Common Stock of the Issuer at any time, at the holder's election, and has no expiration date.