Smith-Midland director buys 2,000 shares at $27.15

Director Matthew I. Smith corrected a prior Form 4 to show a 2,000-share open-market purchase of SMID stock at $27.15, bringing direct holdings to 12,205 shares.

This filing corrects an earlier one, and you can read the original Form 4 if you want to see what changed.

Rhea-AI Filing Summary

SMITH MIDLAND CORP (SMID) director Matthew I. Smith reported an amended insider transaction to correct the nature of a prior filing. The amendment clarifies that on September 2, 2026 he purchased 2,000 shares of common stock in an open-market transaction at $27.15 per share, increasing his directly held stake to 12,205 shares. The company states that no other aspects of the original report are being changed and that the trades were not reported as being made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 2,000 shares

Net Buy 1 txn

Insider Smith Matthew I

Role Director

Bought 2,000 shs ($54K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	2,000	$27.15	$54K

Holdings After Transaction: Common Stock — 12,205 shares (Direct)

Key Figures

Shares purchased: 2,000 shares Purchase price per share: $27.15 per share Shares held after transaction: 12,205 shares +1 more

4 metrics

Shares purchased 2,000 shares Open-market purchase of common stock on September 2, 2026

Purchase price per share $27.15 per share Price paid for SMITH MIDLAND CORP common stock on September 2, 2026

Shares held after transaction 12,205 shares Director’s direct holdings following the September 2, 2026 purchase

Net shares bought in filing 2,000 shares Net balance of reported insider buy and sell activity in this amendment

Key Terms

Form 4/A, open-market acquisition, Rule 10b5-1 trading plan

3 terms

Form 4/A regulatory

"This Form 4/A is being filed to correct the information in column 3"

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

open-market acquisition financial

"to indicate an acquisition of shares. The transaction should have been reported as an open-market acquisition"

Rule 10b5-1 trading plan regulatory

"The trades were not reported as being made under a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The amendment reports that director Matthew I. Smith purchased 2,000 shares of SMITH MIDLAND CORP common stock in an open-market transaction on September 2, 2026 at $27.15 per share, correcting an earlier description of the transaction as a grant or award.

How many SMID shares does Matthew I. Smith hold after this transaction?

After the reported open-market purchase, Matthew I. Smith directly holds 12,205 shares of SMITH MIDLAND CORP common stock. This figure reflects his direct ownership immediately following the September 2, 2026 transaction as stated in the filing.

What was corrected by this SMID Form 4/A amendment?

The amendment corrects the earlier report to show the transaction as an open-market acquisition of common stock rather than a grant or award. The company states that no other changes are being made to the previously reported information.

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

The filing indicates that the September 2, 2026 open-market purchase by Matthew I. Smith was not reported as being made pursuant to a Rule 10b5-1 trading plan, based on the plan-status disclosure in the document.

What is the total size of the insider’s SMID stock purchase in this filing?

The insider bought 2,000 shares of SMITH MIDLAND CORP common stock at a price of $27.15 per share in the corrected transaction, as disclosed in the amended report for September 2, 2026.

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

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Available on EDGAR 09/04/2026 - 01:04 PM EDT Accepted by SEC EDGAR 09/04/2026 - 01:03 PM EDT Learn about SEC filing dates

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^*

Smith Matthew I

(Last) (First) (Middle)

C/O SMITH-MIDLAND CORPORATION

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

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)
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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2026		P		2,000	A	$27.15	12,205	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:

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"). No other changes are being made.

	/s/ Matthew I. Smith	09/04/2026
	** 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)