SmartRent (NYSE: SMRT) insider details 360,000-share Class A sale plan
Rhea-AI Filing Summary
Isaiah Derose-Wilson filed a notice to sell 360,000 shares of SmartRent, Inc. Class A common stock under Rule 144. The planned sale is to be executed through Fidelity Brokerage Services LLC, with an aggregate market value of
The shares to be sold were acquired on
Positive
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Insights
Form 144 shows significant SmartRent insider share sales but no stated motive.
The disclosure shows Isaiah Derose-Wilson planning to sell 360,000 SmartRent Class A shares through Fidelity Brokerage Services LLC, tied to an option exercised on
In addition to the planned sale, the notice lists several recent transactions, including 360,000 Class A shares sold on
FAQ
What does the Form 144 filing for SmartRent (SMRT) disclose?
It discloses that Isaiah Derose-Wilson intends to sell 360,000 shares of SmartRent, Inc. Class A common stock under Rule 144 through Fidelity Brokerage Services LLC, with an aggregate market value shown as
What class of SmartRent (SMRT) securities is being sold and on which exchange?
The notice covers Class A common stock of SmartRent, Inc. The Class A shares are listed on the NYSE, as specified in the securities information table.
How many SmartRent (SMRT) shares are outstanding according to this notice?
The securities information table states that 189,200,722 Class A shares were outstanding at the time referenced in the notice. This figure provides a baseline for understanding the relative size of the disclosed transactions.
How and when did Isaiah Derose-Wilson acquire the SmartRent (SMRT) shares to be sold?
The shares to be sold are Class A shares acquired on
What prior SmartRent (SMRT) share sales are reported for the last three months?
The notice lists several prior Class A sales by Isaiah Derose-Wilson, including 360,000 shares on
Does the SmartRent (SMRT) seller make any representation about non-public information?
Yes. By signing the notice, the person for whose account the securities are sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.