How Nikki Haley Got $150,000 Richer In January [Forbes]
United Homes Group, Inc - Class A (UHG)
Company Research
Source: Forbes
Last month, as Nikki Haley was barnstorming Manchester en route to a second-place finish in the New Hampshire Republican primary, her $8 million fortune quietly got a six-figure boost. The windfall came in the form of stock options tied to residential builder United Homes Group, worth around $145,000, according to Forbes ' calculations. Haley joined UHG's board of directors in 2022, four years after stepping down as United Nations ambassador to go into the business world. As part of her compensation package, she gets options that give her the right to purchase UHG stock at a discount, a common form of compensation for board members of publicly traded companies. In March 2023, shortly after she announced her campaign for president, Haley was awarded 106,813 options to purchase UHG stock at an exercise price of $2.81, about $10 below the market price then. A quarter of the options—worth $264,000 at the time—vested the day she got them, with the rest set to do so in three installments
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