Alan Levine
About Alan Levine
Alan Levine, age 64, is an independent director of United Homes Group (UHG) since 2023; he is retired since 2019 following a 35‑year career at Enterprise Holdings where he was President/GM for the South Florida Group, and holds a Marketing degree from the University of South Florida . His core credentials include operations, management, and leadership, having led Enterprise’s expansion (approximately doubling in size), launched a new division, and integrated a major acquisition; he also consulted for Enterprise’s Fleet Management operation .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Enterprise Holdings | President/General Manager, South Florida Group | Retired in 2019 after 35-year career | Led expansion doubling size, opened new division, integrated major acquisition |
| Enterprise Holdings – Fleet Management | Consultant | Through retirement | Consulted on fleet leasing operations |
External Roles
| Organization | Role | Current/Past | Notes |
|---|---|---|---|
| — | — | Current | UHG discloses no current other public company boards for Alan Levine |
Board Governance
- Independence: The Board determined Alan Levine is independent under Nasdaq listing rules; the Board has a majority of independent directors .
- Committee assignments: Chair, Compensation Committee; Member, Audit Committee; Member, Related Party Transactions Committee .
- Board activity: The Board held seven meetings in 2024; each incumbent director attended at least 75% of Board and committee meetings during their service . Directors are encouraged to attend annual meetings; all directors attended UHG’s 2024 annual meeting except Bayles and Grove, indicating Levine’s attendance .
- Lead Independent Director: Jason Enoch serves as Lead Independent Director .
- Shareholder support: At the June 12, 2025 annual meeting, Levine was re‑elected with 80,934,590 votes for, 1,096,038 against, and 105 withheld; broker non‑votes were 5,662,672 .
Fixed Compensation
- Structure: Annual cash retainer $75,000; committee membership fees $6,000 (Related Party Transactions Committee $10,000); committee chair fees $12,000 (Compensation, Nominating), $15,000 (Audit), $20,000 (Related Party Transactions); Lead Independent Director receives $30,000 .
- 2024 Director Compensation for Alan Levine:
| Metric | Amount |
|---|---|
| Fees Earned or Paid in Cash | $103,000 |
| Stock Awards (FASB ASC 718 fair value) | $28,640 |
| Option Awards (FASB ASC 718 fair value) | $124,100 |
| Total | $255,740 |
Performance Compensation
- Director equity awards are granted periodically; UHG does not disclose performance metrics tied to director compensation; awards consist of options and stock/RSU grants from time to time .
- Documented 2025 grants to Alan Levine (Form 4):
| Grant Date | Grant Type | Quantity | Exercise/Grant Price | Post-Transaction Ownership | Source |
|---|---|---|---|---|---|
| 2025-01-22 | Class A Common Stock (Award) | 4,000 | $0.00 | 445,500 shares | |
| 2025-01-22 | Stock Options (Right to Buy) | 34,000 | $4.42 | 34,000 options |
Other Directorships & Interlocks
- Current public company boards: None disclosed for Levine .
- Notable 2023 financing participation: As a “Lock‑Up Investor” on March 23, 2023, Levine purchased 1,000,000 Class A shares on the open market and 250,000 from DHHC (total 1,250,000 shares) for $10,082,500, alongside other interested investors; proceeds used for general corporate purposes .
Expertise & Qualifications
- Operations/leadership expertise from Enterprise Holdings spanning multi‑brand management and strategic expansion .
- Governance: Compensation Committee chair with authority to retain advisors; in 2024 the committee retained WealthPoint, which provided compensation consulting and did not provide other services to UHG, supporting independence .
- Financial oversight: Member of Audit Committee; the Audit Committee comprises independent directors and met four times in 2024 .
Equity Ownership
| Metric | Detail |
|---|---|
| Beneficial Class A Shares | 945,942 |
| % of Class A | 4.4% |
| Hedging/Pledging | Company policy prohibits director/officer hedging and pledging of UHG securities |
| 2023 Lock‑Up Purchases | 1,250,000 Class A shares; $10,082,500 total consideration |
Governance Assessment
- Positives: Independent director; chairs Compensation Committee; member of Audit and Related Party Transactions committees, providing oversight of pay and related‑party exposure . Re‑election vote indicates strong shareholder support in 2025 . Use of an independent compensation consultant (WealthPoint) in 2024 supports pay governance quality .
- Structural risks: UHG is a Nasdaq “controlled company” due to dual‑class structure with majority voting power held by Executive Chairman Michael Nieri; while UHG states it does not intend to rely on controlled company exemptions, it may elect to do so in the future . Significant related‑party transactions with Nieri family affiliates necessitate ongoing oversight; Levine serves on the Related Party Transactions Committee that reviews such dealings .
- Recent governance signal: On Oct 20, 2025, UHG announced conclusion of a strategic alternatives review; a group of independent directors including Alan Levine indicated willingness to remain if management was empowered and the Executive Chairman stepped down from that role and forewent remaining cash compensation; absent agreement, they announced intention to resign by Nov 14, 2025, signaling board‑level governance friction .
Insider Trades
| Date (Transaction) | Type | Quantity | Price | Ownership After | Source |
|---|---|---|---|---|---|
| 2025-01-22 | Class A Stock Award (Grant) | 4,000 | $0.00 | 445,500 shares | |
| 2025-01-22 | Option Grant | 34,000 | $4.42 | 34,000 options |
Director Compensation Notes
- Committee meeting frequency: Compensation Committee held two meetings in 2024; Nominating & Corporate Governance conducted business by unanimous written consent (no physical meetings); Audit Committee held four meetings .
- Director compensation excludes employee directors (e.g., Nieri, O’Grady, Pirrello when serving as executives) .
Voting Outcome (2025 Annual Meeting)
| Director | Votes For | Votes Against | Withheld/Abstained | Broker Non‑Votes |
|---|---|---|---|---|
| Alan Levine | 80,934,590 | 1,096,038 | 105 | 5,662,672 |