SmartFinancial (NASDAQ: SMBK) ownership update: Lehman at 4.2%

Rhea-AI Filing Summary

Kenneth R. Lehman filed an amended Schedule 13G reporting his beneficial ownership of SmartFinancial Inc. common stock. He reports holding 684,776 shares, representing 4.2% of the company’s common stock as of the stated event date. Lehman has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority disclosed.

The filing indicates that his ownership is now 5 percent or less of the class. Lehman also certifies that the shares were not acquired and are not held for the purpose of changing or influencing control of SmartFinancial Inc., but instead are held without that control intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

SMARTFINANCIAL INC.

(Name of Issuer)

common stock

(Title of Class of Securities)

83190L208

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 83190L208

1

Names of Reporting Persons

LEHMAN KENNETH R

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 684,776.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 684,776.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

684,776.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.2 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SMARTFINANCIAL INC.
(b)	Address of issuer's principal executive offices: 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE, TENNESSEE, 37919
Item 2.
(a)	Name of person filing: Kenneth R. Lehman
(b)	Address or principal business office or, if none, residence: 122 N Gordon Road, Fort Lauderdale, Florida 33301
(c)	Citizenship: USA
(d)	Title of class of securities: common stock
(e)	CUSIP No.: 83190L208
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 684,776 shares
(b)	Percent of class: 4.2%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 684,776 shares
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 684,776
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

LEHMAN KENNETH R

Signature:	Kenneth R. Lehman
Name/Title:	Filing Person
Date:	01/14/2026

FAQ

What did Kenneth R. Lehman report in this Schedule 13G/A for SMBK?

Kenneth R. Lehman filed an amended Schedule 13G stating that he beneficially owns 684,776 shares of SmartFinancial Inc. common stock, reported as of the event date in the filing.

What percentage of SmartFinancial Inc. (SMBK) does Kenneth R. Lehman own?

The filing reports that Kenneth R. Lehman beneficially owns 4.2% of the outstanding common stock of SmartFinancial Inc.

How many SMBK shares does Kenneth R. Lehman have voting and dispositive power over?

The filing shows Lehman has sole voting power and sole dispositive power over 684,776 shares, with no shared voting or dispositive power.

What does the ownership of 5 percent or less note mean for SMBK?

Item 5 indicates that Lehman’s beneficial ownership is now 5 percent or less of SmartFinancial Inc.’s common stock, and the filing characterizes his holdings at this lower ownership level.

Does this SMBK filing indicate an attempt to influence control of SmartFinancial Inc.?

No. Lehman certifies that the securities were not acquired and are not held for the purpose of changing or influencing control of SmartFinancial Inc., and are not held in connection with any such transaction apart from a specified nomination provision.

What type of investor filing is this for SmartFinancial Inc. (SMBK)?

This is an Amendment No. 4 to Schedule 13G, a beneficial ownership report used by certain investors to disclose holdings in SmartFinancial Inc. common stock.