SmartFinancial (SMBK) chair receives 3,542 restricted shares in stock grant

Rhea-AI Filing Summary

Welborn Wesley Miller reported acquisition or exercise transactions in this Form 4 filing.

SMARTFINANCIAL INC. chairman of the board Wesley Miller received a grant of 3,542 shares of restricted common stock on March 10, 2026, as approved by the Compensation Committee. These restricted shares are scheduled to vest on March 10, 2030.

After this award, Miller holds 100,010 common shares directly. The filing also lists indirect holdings of 14,167 shares for each of three family trusts and 4,725 shares held by his spouse, showing additional ownership through related entities.

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

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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^*

Welborn Wesley Miller

(Last) (First) (Middle)

5401 KINGSTON PIKE SUITE 600

(Street)

KNOXVILLE TN 37919

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	CHAIRMAN OF THE BOARD

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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

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

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

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	03/10/2026		A		3,542(1)	A	$0	100,010	D
Common Stock								14,167	I	By Margaret Polfrey Welborn Trust
Common Stock								14,167	I	By Elizabeth Houston Welborn Trust
Common Stock								14,167	I	By Ann Miller Welborn Trust
Common Stock								4,725	I	By Spouse

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. On March 10, 2026, the Compensation Committee approved grants of restricted stock, which will vest on March 10, 2030.

	/s/ Glen E. Allen, Jr., Attorney-in-Fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did SMARTFINANCIAL INC. (SMBK) report for Wesley Miller?

The filing reports that chairman Wesley Miller received a grant of 3,542 shares of restricted common stock on March 10, 2026. This is a compensation-related award rather than an open-market trade, and it adds to his existing direct and indirect ownership in SMARTFINANCIAL INC.

How many SMARTFINANCIAL INC. (SMBK) shares did Wesley Miller hold after the grant?

Following the grant, Wesley Miller directly held 100,010 shares of SMARTFINANCIAL INC. common stock. The filing also lists additional indirect holdings through three family trusts, each with 14,167 shares, and 4,725 shares held by his spouse, reflecting broader associated ownership.

When do Wesley Miller’s newly granted restricted SMBK shares vest?

The restricted stock granted to Wesley Miller on March 10, 2026, is scheduled to vest on March 10, 2030. This four-year vesting period aligns the award with longer-term performance, as he must remain in role or otherwise meet plan conditions to receive fully vested shares.

Is Wesley Miller’s 3,542-share SMBK grant an open-market purchase or a compensation award?

The 3,542-share transaction is a compensation-related grant of restricted stock, reported with code A for grant or award. No purchase price is listed, distinguishing it from an open-market buy and indicating it was issued under the company’s compensation program.

What indirect SMARTFINANCIAL INC. (SMBK) holdings are associated with Wesley Miller?

Indirect holdings listed include 14,167 shares of common stock for each of three trusts named for Margaret, Elizabeth, and Ann Welborn, plus 4,725 shares held by his spouse. These positions are reported as indirect ownership alongside his larger direct shareholding.