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 621,423.26, based on the figures provided, and the Class A shares are listed on the NYSE. The table notes that 189,200,722 Class A shares were outstanding at the time of the notice.
The shares to be sold were acquired on 01/22/2026 by exercising an option granted on 08/17/2019, with full payment made in cash on the same acquisition date. Over the prior three months, Isaiah Derose-Wilson also reported multiple sales of Class A shares, including 360,000 shares on 01/15/2026 for gross proceeds of 633,720.94 and 360,000 shares on 01/16/2026 for gross proceeds of 641,940.14.
Positive
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Negative
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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 01/22/2026 and paid in cash. The filing also lists 189,200,722 Class A shares outstanding, which helps frame the scale of these transactions relative to the overall equity base.
In addition to the planned sale, the notice lists several recent transactions, including 360,000 Class A shares sold on 01/15/2026 for gross proceeds of 633,720.94 and another 360,000 shares on 01/16/2026 for 641,940.14. Further sales on 01/20/2026 and 01/21/2026 are also disclosed. The representation that the seller does not know of undisclosed material adverse information is standard for this type of notice, and the overall impact on the company’s outlook depends on broader ownership context not included here.
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 621,423.26.
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.
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.