SmartRent (SMRT) Form 3: Brian McQuaid Reports 58,441 Restricted Stock Units

Rhea-AI Filing Summary

Brian Michael McQuaid, identified as General Counsel and officer of SmartRent, Inc. (SMRT), filed a Form 3 disclosing beneficial ownership of 58,441 Restricted Stock Units that each represent a contingent right to one share of the issuer's Class A common stock. The RSUs vest with one-quarter on January 22, 2026 and the remainder in equal annual installments until fully vested.

Positive

• 58,441 Restricted Stock Units disclosed, each representing a contingent right to one share of Class A common stock
• Clear vesting schedule provided: one-quarter vests on January 22, 2026 with remaining RSUs vesting in equal annual installments

Negative

• None.

Insights

Financial Analyst

TL;DR: Reporting of executive equity grants is routine and provides transparency on insider alignment with shareholders.

The Form 3 shows an initial insider disclosure for Brian McQuaid, SmartRent's General Counsel, reporting 58,441 RSUs convertible to Class A common shares. This is a standard initial beneficial-ownership filing following grant or appointment. The disclosed vesting schedule—25% on a specified date then equal annual installments—clarifies timing of future potential share issuance and dilution. No cash transaction or sale is reported here.

Corporate Governance Expert

TL;DR: The filing documents standard executive equity compensation and confirms the officer's stake and vesting timetable.

The statement provides required Section 16 transparency by listing 58,441 RSUs and the precise vesting cadence, which assists in monitoring insider incentives and lock-up timing. The disclosure does not indicate indirect ownership, pledged shares, or other arrangements. As an initial Form 3, it establishes a baseline for future Section 16 reporting obligations.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

McQuaid Brian Michael

(Last) (First) (Middle)

6811 E MAYO BLVD

(Street)

PHOENIX AZ 85054

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/15/2025

3. Issuer Name and Ticker or Trading Symbol
SmartRent, Inc. [ SMRT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Class A Common Stock	58,441	(2)	D

Explanation of Responses:

1. The Restricted Stock Units will vest as follows: one-quarter will vest on January 22, 2026 with the remaining vesting in equal annual installments until vested in full.

2. Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Class A Common Stock, par value $0.001 per share.

	/s/ Brian Michael McQuaid	08/15/2025
	** 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 5 (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.

FAQ

What did Brian McQuaid disclose on the Form 3 for SMRT?

He disclosed beneficial ownership of 58,441 Restricted Stock Units that represent contingent rights to one share of the issuer's Class A common stock.

What is the vesting schedule for the RSUs disclosed by Brian McQuaid?

One-quarter of the RSUs vests on January 22, 2026, with the remaining RSUs vesting in equal annual installments until fully vested.

What role does the reporting person hold at SmartRent (SMRT)?

The Form identifies Brian Michael McQuaid as the company's General Counsel and an officer, and the filing was made as an individual reporting person.

Does the Form 3 report any direct share ownership or derivative transactions?

The filing reports Restricted Stock Units (derivative-type disclosure representing contingent rights), with 58,441 units disclosed; no current stock sales or purchases are reported.

When was the event requiring this Form 3 reported?

The date of the event requiring the statement is listed as 08/15/2025.