STOCK TITAN

Smith-Midland CEO buys 2,000 shares at $26.87

Amended Form 4 reclassifies Ashley B. Smith’s 2,000-share transaction as an open‑market purchase and updates her role to director and officer.

(Neutral)
(Positive)
Form Type
4/A

Rhea-AI Filing Summary

SMITH MIDLAND CORP (SMID) reported that Chief Executive Officer and director Ashley B. Smith purchased 2,000 shares of common stock on September 1, 2026, in an open‑market transaction at $26.87 per share. Following this purchase, Smith held 180,539 common shares directly. The amendment corrects a prior report that had characterized the transaction as an equity grant and had listed Smith’s role as “Other” rather than director and officer. No transactions in this filing are reported as made under a Rule 10b5‑1 trading plan.

Positive

  • None.

Negative

  • None.
Insider SMITH ASHLEY B
Role Chief Executive Officer
Bought 2,000 shs ($54K)
Type Security Shares Price Value
Purchase Common Stock 2,000 $26.87 $54K
Holdings After Transaction: Common Stock — 180,539 shares (Direct)
Shares purchased 2,000 shares Open‑market purchase of SMITH MIDLAND CORP common stock on September 1, 2026
Purchase price per share $26.87 per share Open‑market purchase on September 1, 2026
Total direct holdings after transaction 180,539 shares Common stock directly owned by Ashley B. Smith following the September 1, 2026 purchase
Net buy shares in this filing 2,000 shares Net effect of reported insider transactions in this amendment
open-market acquisition financial
"to indicate an acquisition of shares. The transaction should have been reported as an open-market acquisition"
grant/award financial
"The transaction should have been reported as an open-market acquisition ("P"), not as a grant/award"
Director and Officer regulatory
"corrects column 5 to note the Reporting Person is a Director and Officer"

FAQ

What insider transaction did SMID disclose in this amended Form 4?

The company reported that Ashley B. Smith purchased 2,000 shares of SMITH MIDLAND CORP common stock on September 1, 2026, in an open‑market transaction at $26.87 per share, increasing her direct holdings to 180,539 shares.

Why did SMITH MIDLAND CORP (SMID) file this Form 4/A amendment?

The amendment was filed to state that the transaction was an open‑market acquisition rather than a grant or award, and to correct the description of Ashley B. Smith’s position to Director and Chief Executive Officer. The filing notes that no other changes are being made.

What is Ashley B. Smith’s total direct ownership in SMID after this transaction?

After the reported purchase, Ashley B. Smith directly owned 180,539 shares of SMITH MIDLAND CORP common stock, according to the amended Form 4.

Was the SMID insider purchase made under a Rule 10b5-1 trading plan?

No. The filing indicates that the transaction was not reported as being made under a Rule 10b5‑1 trading plan, meaning it is not identified as a pre‑arranged trading plan transaction in this report.

What price did the SMID insider pay per share in the September 1, 2026 purchase?

Ashley B. Smith paid $26.87 per share for 2,000 shares of SMITH MIDLAND CORP common stock in the open‑market purchase dated September 1, 2026.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
SMITH ASHLEY B

(Last)(First)(Middle)
C/O SMITH MIDLAND CORP
5119 CATLETT ROAD

(Street)
MIDLAND VIRGINIA 22728

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SMITH MIDLAND CORP [ SMID ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
09/03/2026
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)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026P2,000A$26.87180,539D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
This Form 4/A is being filed to correct the information in column 3 to indicate an acquisition of shares. The transaction should have been reported as an open-market acquisition ("P"), not as a grant/award ("A"). This Form 4/A also corrects column 5 to note the Reporting Person is a Director and Officer and not "Other". No other changes are being made.
/s/ Ashley B. Smith09/04/2026
** Signature of Reporting PersonDate
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)

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