Smartbird CFO sells 1,755 shares for taxes

Smartbird’s CFO reported a small, non-discretionary sale of shares to cover tax withholding tied to RSU vesting.

Rhea-AI Filing Summary

Smartbird, Inc. (BIRD) reported that its Chief Financial Officer, Ann Mitchell, sold 1,755 shares of Class A Common Stock on September 2, 2026 at a weighted average price of $2.44 per share. The sale was executed solely to cover tax withholding obligations from vesting restricted stock units and is described as non-discretionary, leaving her with 840,623 shares held directly.

Insider Trade Summary

Net Seller: 1,755 shares

Net Sell 1 txn

Insider Mitchell Ann

Role Chief Financial Officer

Sold 1,755 shs ($4K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	1,755	$2.44	$4K

Holdings After Transaction: Class A Common Stock — 840,623 shares (Direct)

Footnotes (2)

1. F1. The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.42 to $2.47, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Key Figures

Shares sold: 1,755 shares Weighted average sale price: $2.44 per share Sale price range: $2.42–$2.47 per share +2 more

5 metrics

Shares sold 1,755 shares Class A Common Stock sold on September 2, 2026

Weighted average sale price $2.44 per share Sale of 1,755 shares on September 2, 2026

Sale price range $2.42–$2.47 per share Multiple transactions within this range for the reported sale

Shares owned after transaction 840,623 shares Direct holdings of CFO Ann Mitchell following the sale

Net shares sold 1,755 shares Net share change across all reported non-derivative transactions in this filing

Key Terms

sell to cover, weighted average price, restricted stock units, tax withholding obligations

4 terms

sell to cover financial

"to be funded by a "sell to cover" transaction and do not represent"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

restricted stock units financial

"in connection with the vesting and settlement of restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"sold by the Reporting Person to cover tax withholding obligations"

FAQ

What insider transaction did Smartbird, Inc. (BIRD) disclose for the CFO?

Smartbird’s CFO, Ann Mitchell, reported selling 1,755 shares of Class A Common Stock on September 2, 2026 in a transaction described as a sale in the open market or a private transaction.

Why did the Smartbird (BIRD) CFO sell 1,755 shares?

The filing states the 1,755 shares were sold to cover tax withholding obligations associated with the vesting and settlement of restricted stock units, through a “sell to cover” transaction that the reporting person describes as non-discretionary.

What price did the Smartbird (BIRD) CFO receive for the shares sold?

The reported price is a weighted average of $2.44 per share. The filing notes the shares were sold in multiple trades at prices ranging from $2.42 to $2.47 per share, inclusive.

How many Smartbird (BIRD) shares does the CFO hold after this transaction?

After the sale, Ann Mitchell is reported as directly holding 840,623 shares of Smartbird, Inc. Class A Common Stock.

Was the Smartbird (BIRD) CFO’s sale under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes describe the trade as a sell to cover for tax withholding, without referencing Rule 10b5-1.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 04:04 PM Accepted by SEC EDGAR 09/03/2026 - 04:04 PM Learn about SEC filing dates

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 ALLBIRDS, INC.

1875 MISSION STREET, SUITE 130

(Street)

SAN FRANCISCO CALIFORNIA 94103

(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)
09/02/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/02/2026		S(1)		1,755	D	$2.44(2)	840,623	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.42 to $2.47, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

	/s/ Ann Mitchell	09/03/2026
	** 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)