United Homes Group (UHG) has released an update.
United Homes Group, Inc. has rolled out its 2024 Executive Compensation Framework, developed with WealthPoint’s guidance, to incentivize its executives with a blend of base salaries, cash bonuses, and equity awards. The cash bonuses are tied to both quantitative metrics like adjusted EBITDA, revenue, and home closings, and qualitative individual performance goals. Additionally, executives will receive time-based stock options and performance-based restricted stock units, which are contingent on continued service and the company’s stock performance, respectively, reinforcing the commitment to the company’s growth and success.
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