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

SMITH MIDLAND CORP (SMID) director Matthew I. Smith received a grant of 2,000 shares of common stock on September 2, 2026, classified as a grant, award, or other acquisition.

The filer has since corrected this document, so the figures below are the ones originally reported and some of them may have changed. Read the amended Form 4/A for what the company says now.

Rhea-AI Filing Summary

SMITH MIDLAND CORP (SMID) director Matthew I. Smith received a grant of 2,000 shares of common stock on September 2, 2026, classified as a grant, award, or other acquisition. The award was valued at $27.15 per share, bringing his directly held position to 12,205 shares of common stock.

No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 2,000 shares

Grant/Award 1 txn

Insider Smith Matthew I

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,000	$27.15	$54K

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

Key Figures

Shares granted: 2,000 shares Grant valuation price: $27.15 per share Holdings after transaction: 12,205 shares

3 metrics

Shares granted 2,000 shares Grant, award, or other acquisition on September 2, 2026

Grant valuation price $27.15 per share Common stock grant to director Matthew I. Smith

Holdings after transaction 12,205 shares Director Matthew I. Smith direct ownership following the grant

Key Terms

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

3 terms

Grant, award, or other acquisition financial

"classified as a grant, award, or other acquisition"

Rule 10b5-1 regulatory

"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.

Common Stock financial

"grant of 2,000 shares of common stock on September 2, 2026"

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.

FAQ

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

What insider transaction did SMID report for director Matthew I. Smith?

SMITH MIDLAND CORP reported that director Matthew I. Smith acquired 2,000 shares of common stock on September 2, 2026 as a grant, award, or other acquisition, increasing his directly held stake to 12,205 shares.

At what price was the SMID stock grant to Matthew I. Smith valued?

The 2,000-share grant of SMITH MIDLAND CORP common stock to Matthew I. Smith was valued at $27.15 per share, as stated for the September 2, 2026 transaction.

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

After the September 2, 2026 grant, Matthew I. Smith directly holds 12,205 shares of SMITH MIDLAND CORP common stock.

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

No. The report indicates that no Rule 10b5-1 trading plan applies to the September 2, 2026 grant to director Matthew I. Smith.

What type of transaction was reported for SMID director Matthew I. Smith?

The September 2, 2026 event for SMITH MIDLAND CORP director Matthew I. Smith is categorized as a grant, award, or other acquisition of 2,000 shares of common stock, not an open-market purchase or sale.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/03/2026 - 04:18 PM EDT Accepted by SEC EDGAR 09/03/2026 - 04:10 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)

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		A		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:

	/s/ Matthew I. 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)