SmartFinancial (SMBK) EVP & Chief Credit Officer sells 400 shares in market trade
Rhea-AI Filing Summary
SMARTFINANCIAL INC. executive Jordan Rhett D., EVP & Chief Credit Officer, reported an open-market sale of 400 shares of Common Stock at $45.00 per share. Following this Form 4 transaction, he directly holds 11,802 shares of SmartFinancial common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 400 shares
Net Sell
1 txn
Insider
Jordan Rhett D.
Role
EVP & CHIEF CREDIT OFFICER
Sold
400 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 400 | $45.00 | $18K |
Holdings After Transaction:
Common Stock — 11,802 shares (Direct)
Key Figures
Shares sold: 400 shares
Sale price: $45.00 per share
Implied transaction value: $18,000
+1 more
4 metrics
Shares sold
400 shares
Open-market sale of Common Stock
Sale price
$45.00 per share
Price received in the June 12, 2026 sale
Implied transaction value
$18,000
400 shares sold at $45.00 each
Shares owned after transaction
11,802 shares
Direct holdings following the reported sale
Key Terms
open-market sale, Common Stock, Form 4, EVP & CHIEF CREDIT OFFICER
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
EVP & CHIEF CREDIT OFFICER financial
"officer_title: "EVP & CHIEF CREDIT OFFICER""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SMARTFINANCIAL INC. (SMBK) report for Jordan Rhett D.?
SMARTFINANCIAL INC. reported that executive Jordan Rhett D. sold 400 shares of Common Stock in an open-market transaction at $45.00 per share. The transaction was disclosed on a Form 4 insider filing as a routine ownership update.
What price and total value were involved in the SMBK insider sale?
The 400 shares of SMARTFINANCIAL INC. Common Stock were sold at $45.00 per share, for an implied transaction value of about $18,000. This reflects the gross proceeds before any taxes, fees, or commissions applicable to the sale.
What role does the insider in this SMBK Form 4 hold at SMARTFINANCIAL INC.?
The reporting person, Jordan Rhett D., serves as Executive Vice President & Chief Credit Officer at SMARTFINANCIAL INC. This senior role typically oversees the company’s credit risk, lending standards, and portfolio quality across its banking operations.