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

Smith Midland’s CEO received an equity grant of 2,000 shares, increasing direct holdings to 180,539 shares.

Rhea-AI Filing Summary

SMITH MIDLAND CORP (SMID) reports that Chief Executive Officer Ashley B. Smith received a grant of 2,000 shares of its Common Security, reported at $26.87 per share, as an acquisition award. Following this grant, Smith holds 180,539 shares directly. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 2,000 shares

Grant/Award 1 txn

Insider SMITH ASHLEY B

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Common Security	2,000	$26.87	$54K

Holdings After Transaction: Common Security — 180,539 shares (Direct)

Key Figures

Shares granted: 2,000 shares Reported grant price: $26.87 per share Shares owned after transaction: 180,539 shares +1 more

4 metrics

Shares granted 2,000 shares Non-derivative grant or award of Common Security to CEO Ashley B. Smith

Reported grant price $26.87 per share Price reported for the 2,000-share acquisition award

Shares owned after transaction 180,539 shares Direct holdings of Ashley B. Smith following the award

Transactions acquiring shares 1 transaction Single non-derivative acquisition reported in this Form 4

Key Terms

Grant, award, or other acquisition, Common Security, Rule 10b5-1

3 terms

Grant, award, or other acquisition financial

"The transaction code description is Grant, award, or other acquisition"

Common Security financial

"The security title for the reported transaction is Common Security"

Rule 10b5-1 regulatory

"The filing indicates no Rule 10b5-1 trading plan is reported"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did SMID disclose for CEO Ashley B. Smith?

SMID disclosed that CEO Ashley B. Smith received a grant of 2,000 shares of Common Security, reported at $26.87 per share, as a non-derivative acquisition award.

How many SMID shares does the CEO own after this Form 4 transaction?

After the reported grant, CEO Ashley B. Smith directly owns 180,539 shares of SMITH MIDLAND CORP’s Common Security.

Was the SMID CEO’s 2,000-share grant under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox as false, meaning no Rule 10b5-1 trading plan is reported for this transaction.

What was the reported price for the SMID CEO’s 2,000-share award?

The 2,000-share grant to CEO Ashley B. Smith was reported at $26.87 per share for the Common Security.

Is the SMID CEO’s transaction a purchase or an award?

The transaction is reported as a grant, award, or other acquisition of 2,000 shares of Common Security, not an open-market purchase or sale.

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

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Available on EDGAR 09/03/2026 - 08:30 AM Accepted by SEC EDGAR 09/03/2026 - 08:29 AM 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 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)

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

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)

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 Security	09/01/2026	09/01/2026	A		2,000	A	$26.87	180,539	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:

	/s/ Ashley B. Smith	09/03/2026
	** 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)