Large RSU award boosts Smartbird (NYSE: BIRD) CFO share holdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Smartbird, Inc.’s Chief Financial Officer Ann Mitchell reported a grant of 766,190 shares of Class A common stock in the form of restricted stock units (RSUs). The RSUs have no cash exercise price and each unit represents the right to receive one share upon settlement.

According to the award terms, 1/12 of the RSUs vest on the three-month anniversary of the Vesting Commencement Date, with an additional 1/12 vesting quarterly thereafter, all subject to her Continuous Service under the company’s 2021 Plan. Following this grant, she directly holds 842,378 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mitchell Ann

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	766,190	$0.00	--

Holdings After Transaction: Class A Common Stock — 842,378 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

RSUs granted: 766,190 shares Total holdings after grant: 842,378 shares Grant price per share: $0.0000 per share +2 more

5 metrics

RSUs granted 766,190 shares Restricted stock units of Class A common stock granted to CFO

Total holdings after grant 842,378 shares Direct Class A common stock holdings following the award

Grant price per share $0.0000 per share Reported transaction price for the RSU award

Initial vesting tranche 1/12 of RSUs Vests on the three-month anniversary of Vesting Commencement Date

Ongoing vesting 1/12 quarterly Additional 1/12 of RSUs vest each quarter thereafter

Key Terms

restricted stock unit ("RSU"), Class A common stock, Vesting Commencement Date, Continuous Service, +1 more

5 terms

restricted stock unit ("RSU") financial

"Each share is represented by a restricted stock unit ("RSU")."

Class A common stock financial

"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Vesting Commencement Date financial

"1/12 of the RSUs shall vest on the three-month anniversary of the Vesting Commencement Date,"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

Continuous Service financial

"in each case subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan)"

2021 Plan financial

"Continuous Service (as defined in the 2021 Plan) through the applicable vesting date."

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/23/2026 - 04:42 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mitchell Ann

(Last)

(First)

(Middle)

C/O SMARTBIRD, INC.

530 WASHINGTON STREET

(Street)

SAN FRANCISCO

CALIFORNIA

94111

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Smartbird, Inc. [ BIRD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/18/2026		A		766,190⁽¹⁾	A	$0	842,378	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement. 1/12 of the RSUs shall vest on the three-month anniversary of the Vesting Commencement Date, and 1/12 of the RSUs shall vest quarterly thereafter, in each case subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan) through the applicable vesting date.

Remarks:

	/s/ Ann Mitchell	06/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Smartbird (BIRD) report for its CFO?

Smartbird’s Chief Financial Officer Ann Mitchell reported receiving 766,190 restricted stock units of Class A common stock. These RSUs are a share-based compensation award and do not involve an open-market stock purchase or sale by the executive.

How many RSUs were granted to Smartbird (BIRD) CFO Ann Mitchell?

Ann Mitchell was granted 766,190 restricted stock units linked to Smartbird’s Class A common stock. Each RSU entitles her to one share upon settlement, subject to the vesting schedule and continued service conditions under the company’s 2021 equity plan.

What is the vesting schedule for the Smartbird (BIRD) CFO’s RSU grant?

The RSU grant vests over time: 1/12 of the units vest on the three-month anniversary of the Vesting Commencement Date, with another 1/12 vesting quarterly thereafter. Vesting requires her Continuous Service under Smartbird’s 2021 equity incentive plan.

Did the Smartbird (BIRD) CFO buy or sell shares in this Form 4 filing?

The filing reports a grant or award acquisition of RSUs, not an open-market buy or sell. The transaction code “A” indicates a grant of 766,190 restricted stock units as compensation rather than a discretionary stock purchase or sale.

What are the Smartbird (BIRD) CFO’s holdings after the reported RSU grant?

After the reported RSU grant, Ann Mitchell holds 842,378 shares of Smartbird’s Class A common stock directly. This figure reflects her total direct holdings following the award of 766,190 restricted stock units disclosed in the Form 4.