Pennington W. Nieri - Feb 22, 2024 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Role: Co-Exec. VP - Construction, 10%+ Owner
Signature: /s/ Pennington W. Nieri, By Erin Reeves McGinnis through Power of Attorney
Stock symbol: UHG
Transactions as of: Feb 22, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/26/2024, 05:33 PM
Previous filing: Feb 21, 2024
Next filing: Jun 11, 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	+199K	+37.74%	$0.00	725K	Feb 22, 2024	Class A Common Stock	199K	$0.00	By family trust	F1, F2

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

Explanation of Responses:

Id	Content
F1	The reporting person was appointed as the trustee of a family trust on September 12, 2023. On February 22, 2024, the shares of Class B Common Stock of the Issuer listed in Table II were donated to the trust by another family member. Members of the reporting person's immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the shares of Class B Common Stock held by the trust except to the extent of his pecuniary interest therein.
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

The reporting person was appointed as the trustee of a family trust on September 12, 2023. On February 22, 2024, the shares of Class B Common Stock of the Issuer listed in Table II were donated to the trust by another family member. Members of the reporting person's immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the shares of Class B Common Stock held by the trust except to the extent of his pecuniary interest therein.

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.