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.
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.
Positive
- None.
Negative
- None.
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
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.
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.
