SMARTFINANCIAL (SMBK) director Wolpert reports 62,236-share stock gifts

Rhea-AI Filing Summary

SMARTFINANCIAL INC. director Geoffrey Alan Wolpert reported two bona fide gift transfers of Common Stock. On May 19, 2026, entities associated with him made gifts totaling 62,236 shares, split into two transactions of 31,118 shares each, at a price of $0.00 per share.

One gift involved shares held indirectly through a Grantor Retained Annuity Trust of Sylvia Patricia Wolpert, and the other involved shares held indirectly by his spouse. After these transactions, Wolpert continued to hold 100,577 shares directly, with additional remaining indirect holdings reported for the trust and spouse accounts. These are non-market, no‑consideration transfers rather than open-market sales.

Insights

Insider transactions analyst

Director reported sizable stock gifts, not market sales.

Director Geoffrey Alan Wolpert reported two bona fide gifts of SMARTFINANCIAL INC. common stock. Each transaction moved 31,118 shares at $0.00 per share from indirect holdings tied to a Grantor Retained Annuity Trust and his spouse.

Code G transactions are non-market transfers with no sale proceeds, so they carry weak signaling value for the company’s outlook. Post-transaction, he still holds 100,577 shares directly, plus remaining indirect positions, indicating continued meaningful exposure.

Because these are gifts rather than open-market sales or purchases, the filing mainly updates ownership structure. Future company filings may provide additional context on any further changes in his direct or indirect holdings.

Insider Trade Summary

62,236 shares gifted

Mixed 3 txns

Insider Wolpert Geoffrey Alan

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	31,118	$0.00	--
Gift	Common Stock	31,118	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 55,357 shares (Indirect, By Spouse); Common Stock — 100,577 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Total gifted shares: 62,236 shares Gift transaction size: 31,118 shares Gift price per share: $0.00 per share +3 more

6 metrics

Total gifted shares 62,236 shares Two bona fide gifts on May 19, 2026

Gift transaction size 31,118 shares Each individual gift of common stock

Gift price per share $0.00 per share Reported for both G-code gift transfers

Direct holdings after transactions 100,577 shares Common stock held directly by Wolpert post-gift

Trust holdings after gift 34,059 shares Indirect holdings by Grantor Retained Annuity Trust

Spouse holdings after gift 55,357 shares Indirect holdings by spouse post-transaction

Key Terms

bona fide gift, Grantor Retained Annuity Trust, indirect ownership

3 terms

bona fide gift financial

"transaction_code_description": "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Grantor Retained Annuity Trust financial

"nature_of_ownership": "By Grantor Retained Annuity Trust of Sylvia Patricia Wolpert""

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

indirect ownership financial

"ownership_type": "indirect""

Form 4 Insider Transactions: What Each Field Means →

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^*

Wolpert Geoffrey Alan

(Last) (First) (Middle)

5401 KINGSTON PIKE SUITE 600

(Street)

KNOXVILLE TENNESSEE 37919

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SMARTFINANCIAL INC. [ SMBK ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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
Common Stock	05/19/2026		G		31,118(1)	A	$0	55,357	I	By Spouse
Common Stock	05/19/2026		G		31,118(1)	D	$0	34,059	I	By Grantor Retained Annuity Trust of Sylvia Patricia Wolpert
Common Stock								100,577	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. In connection with the maturity of shares from the trust, gifted to the reporting person's spouse.

	/s/ Glen E. Allen, Jr., Attorney-in-Fact	05/20/2026
	** 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)

FAQ

What insider transactions did SMARTFINANCIAL INC. (SMBK) report for Geoffrey Alan Wolpert?

SMARTFINANCIAL INC. director Geoffrey Alan Wolpert reported two bona fide gifts of common stock. On May 19, 2026, entities associated with him gifted 31,118 shares each, totaling 62,236 shares, from indirect holdings, with no cash consideration received.

How many SMARTFINANCIAL INC. shares did Geoffrey Alan Wolpert gift in this Form 4?

The Form 4 shows gifts totaling 62,236 SMARTFINANCIAL INC. common shares. This is split into two separate bona fide gift transactions of 31,118 shares each, all at a reported price of $0.00 per share, reflecting non-cash transfers rather than market sales.

What are Geoffrey Alan Wolpert’s SMARTFINANCIAL INC. share holdings after these transactions?

After the reported transactions, Geoffrey Alan Wolpert holds 100,577 SMARTFINANCIAL INC. common shares directly. The filing also shows remaining indirect holdings, including 34,059 shares linked to a Grantor Retained Annuity Trust and 55,357 shares held indirectly through his spouse.

Were the SMARTFINANCIAL INC. insider transactions open-market sales or gifts?

The transactions were coded as G, meaning bona fide gifts, not open-market sales. Each involved a transfer of 31,118 SMARTFINANCIAL INC. shares at $0.00 per share from indirect holdings associated with a family trust and the director’s spouse, with no sale proceeds.

How are the SMARTFINANCIAL INC. shares held that were involved in Geoffrey Alan Wolpert’s gifts?

The gifted SMARTFINANCIAL INC. shares came from indirect holdings. One transaction involved shares held by a Grantor Retained Annuity Trust of Sylvia Patricia Wolpert, and the other involved shares held by his spouse, as disclosed in the nature of ownership descriptions.